Prime Ascent Plus Loan Program from Verus

The Verus Prime Ascent Plus Loan Program equips you with a program that offers higher-balance loan amounts for qualified borrowers with alternative income documentation. If you have applicants seeking loan features not available under our Prime Jumbo loan offering, this non-QM loan program may be your answer to their needs.

Prime Ascent PLUS

  • FICOs down to 680
  • Standard documentation or alternative documentation options are available
  • DTI up to 43%
  • Loan amounts up to $2.5 mm
  • Must have minimum 12-month mortgage history
  • Interest-only available
  • Minimum four years since any foreclosure, short-sale, deed-in-lieu, or bankruptcy

Mortgage lenders looking for solutions for self-employed borrowers with excellent credit but unconventional documentation have been turning to Verus for innovative non-QM loan programs for many years. If you have prospects who fall just outside of prime conventional loan requirements, we have solutions to help you grow your business.  If so, Verus Mortgage Capital’s Prime Ascent Plus Loan Program could be just the solution you need.

The Prime Ascent Plus Loan Program provides solutions that offer higher-balance loan amounts for qualified borrowers with either traditional or alternative documentation. Expand your loan offerings by partnering with Verus Mortgage Capital’s Prime Ascent Plus or any of our innovative non-QM mortgage loan products.

This program is ideal for established self-employed workers, those with non-traditional income, or others who may need the option of using alternative documentation.  Whether your customer wants to buy a primary dwelling, secondary home, or investment property, Prime Ascent Plus loans allow you to provide a mortgage to that borrower.

Are you looking for a mortgage loan?  Ask your mortgage lender to reach out to Verus Mortgage Capital and find out how they can use our Prime Ascent Plus Loan products to help you purchase your home.

Prime Ascent Plus loans represent a tremendous opportunity for mortgage industry leaders like you—to grow their non-agency originations and establish themselves as a trusted source for non-QM loans. And the timing couldn’t be better. Mortgage demand among the self-employed, those with non-traditional income, is growing.  However, lenders have been slow to reenter the market knowing many good borrowers do not fit into the GSE box. Verus Mortgage Capital is a leading non-QM correspondent investor backed by Invictus Capital Partners. Since our founding in 2015, we have exclusively focused on responsible non-QM lending.

Verus was created to address the growing and legitimate demand for specialized solutions that are needed by creditworthy borrowers who fall outside conventional mortgage loan norms. Verus invests in loans originated in all 50 states and the District of Columbia and buys both owner-occupied (consumer) and investor (business purpose) loans.

Now you can serve more unique borrowers, including the growing self-employed, luxury, Jumbo, and high-valued home buyer markets.

Let Verus help you tap into this market with proven mortgage solutions for all types of buyers.  Contact us today.

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.