Get Pre-Qualified
Fill out the form below and we’ll get back to you within 24 hours.
Our Asset Utilization Loan Program is ideal for borrowers with strong assets but income that’s hard to document—self-employed clients, entrepreneurs, retirees, and investors. If you’re looking for attractive pricing, customized structures, expert support, and a streamlined path to approval without depending on traditional tax-return income, this program lets you qualify using your eligible assets, converting savings and investments into real borrowing power.
Complete this form to connect with a Barcorp Financial Group Representative
Instead of paystubs and tax returns, the Asset Utilization Loan Program converts your eligible assets into a qualifying monthly income figure. You provide recent statements for checking, savings, brokerage, and retirement accounts. A percentage of those balances—typically 100% of liquid assets and around 70% of retirement funds (per guidelines)—is totaled and divided over 60 months to create an income number for underwriting. That asset-based income, combined with your credit profile, property, and reserve requirements, is then used to determine your maximum loan amount. The result: a practical way for high-asset borrowers to qualify for a purchase or refinance with strong terms and a streamlined, guided process from application to closing.
Feature | Details |
Qualification Method | Personal and retirement assets converted to monthly income over 60 months (asset utilization) |
Minimum FICO | Typically 620 or higher |
Loan Amount | Up to $4,000,000 (subject to program and profile limits) |
LTV / CLTV | Up to 80% LTV/CLTV; cash-out available up to 80% LTV (per guidelines) |
DTI | Ratios up to 55% (subject to credit and property type) |
Qualifying Assets | 100% of checking, savings, stocks, and bonds; 70% of retirement assets (per program rules) |
Reserves | Minimum 3 months of reserves required; higher reserves may be needed for larger loans or multiple properties |
Property Types | 1–4 unit residential properties, condos, and townhomes (per program eligibility) |
Occupancy | Primary residences, second homes, and investment properties (subject to guidelines) |
Closing Time | Typically 3–5 weeks, depending on appraisal timing and documentation |
BarCorp Financial Group, NMLS #1746897. BarCorp Financial Group is a mortgage broker and does not make commitments or fund loans. Information provided is for general informational purposes only and is not a loan approval, Loan Estimate, or commitment to lend.
All loans are subject to underwriting approval, lender guidelines, and property qualification. Not all applicants will qualify. Product availability, interest rates, and terms are subject to change without notice and may vary by lender and state. Equal Housing Lender.
Fill out the form below and we’ll get back to you within 24 hours.