Credit Ascent Loan Program
Credit Ascent Loan Programs from Verus
Our Credit Ascent Loan Programs offer responsible solutions for credit-impaired borrowers.
Standard Documentation
- LTVs up to 90%
- FICOs down to 500
- DTI up to 55%
- Loan amounts from $100k to $5mm
- Interest-only available
- Cash-out options
- One day out of Bankruptcy, Foreclosure or Short Sale / DIL
- Non-warrantable condo financing program available
ALTERNATIVE DOCUMENTATION
- LTVs up to 90%
- FICOs down to 580
- DTI up to 50%
- Loan amounts up to $5mm
- Interest-only available
- Cash-out options
- Options for self-employed borrowers
- 12-month and 24-month alternative documentation programs available
- Non-warrantable condo financing program available
Second Homes and Investment Properties
- LTVs up to 80%
- FICOs down to 540
- DTI up to 50%
- Loan amounts up to $5mm
- Cash-out options
- Foreign nationals eligible
- 12-month and 24-month bank statement programs available
Our Programs
Our non-QM programs break through the barriers that keep creditworthy borrowers from the financing they need, through proven processes and common-sense underwriting.