Networth Lending
Unlocking Your Assets for Mortgage Solutions
Net worth or equity lending steps in when applicants boast substantial assets accumulated in real estate, savings, or investments, yet might lack sufficient income or verifiable income to secure the desired mortgage amount.
​
Not every lender delves into net worth lending, as these programs require specialized handling.
​
To qualify for these programs, applicants must present a substantial down payment, typically a minimum of 20%. Alternatively, for those tapping into equity from an owned property, maintaining a minimum of 20% equity in the home is mandatory.
Access to lenders offering these programs proves immensely advantageous for our borrowers, often amplifying their buying power or qualified mortgage amounts significantly. When applicants possess substantial net worth, financial institutions tend to be more at ease lending money that doesn’t conform to traditional income guidelines. This confidence stems from the understanding that borrowers may liquidate assets if necessary to fulfill their mortgage obligations.