Credit Ascent Loan Program from Verus
Our Credit Ascent Loan Program is a responsible lending solution for creditworthy borrowers.
As a mortgage lender, you need alternative lending solutions that meet the needs of creditworthy borrowers, including those who haven’t always had perfect credit.
At Verus, we understand the frustration that comes with having to walk away from lending opportunities. That’s why we created our Credit Ascent Loan Program.
STANDARD DOCUMENTATION
- LTVs up to 85%
- FICOs down to 620
- DTI up to 50%
- Loan amounts from $150k to $3mm
- Interest-only available
- Cash-out options
ALTERNATIVE DOCUMENTATION
- LTVs up to 85%
- FICOs down to 620
- DTI up to 50%
- Loan amounts from $150k to $3mm
- Interest-only available
- Cash-out options
- 12- and 24-month alternative documentation for self-employed borrowers
Giving More Borrowers More Financing Solutions
Our Credit Ascent Loan Program provides financing to borrowers who have less-than-perfect credit by focusing on their ability to repay and our commonsense underwriting process. And by accepting both standard and alternative loan documentation, we can underwrite loans for conventional and self-employed borrowers.
Our Programs
Backed by proven processes and common-sense underwriting, our non-agency programs break through the barriers that keep creditworthy borrowers from getting the financing they need.