Block 1

Ready Asset Income Qualification

Designed for the high net worth borrower that wants to use assets to qualify for a mortgage rather than income

 Ready Asset Flyer

Ready Asset Highlights

  • No income necessary
  • Calculate income by beginning with the asset account balance:
    • Subtract penalties (if applicable)
    • Subtract taxes

Ready Asset Documentation Requirements

  • 2 most recent consecutive asset statements
    • Assets must be seasoned 60 days prior to close
    • Unusual or uncharacteristic deposits must be sourced 
  • Assets must meet or exceed the total liabilities

Questions? Give us a call today!

Mike Tiraboschi
517-203-7359
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Andrew Stachak
517-324-7167
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Nick Davis

517-679-6593

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