Credit Ascent Loan
Program from Verus

Our Credit Ascent Loan Program offers responsible solutions for borrowers with less-than-perfect credit.

Many individuals who could benefit from a non-QM loan may be unaware of their eligibility. Our Credit Ascent Loan Program helps borrowers with less-than-stellar credit by taking into account their capacity to repay and using a practical approach to underwriting.

The Credit Ascent Loan Program employs a flexible approach to underwriting that allows for both standard and non-traditional forms of documentation. This accommodates both conventional and self-employed borrowers and increases the chance of qualification.

Standard Documentation

  • LTVs up to 85%
  • FICOs down to 620
  • DTI up to 50%
  • Loan amounts from $150,000 to $3,000,000
  • Interest-only available
  • Cash-out options

Alternative Documentation

  • LTVs up to 85%
  • FICOs down to 620
  • DTI up to 50%
  • Loan amounts from $150,000 to $3,000,000
  • Interest-only available
  • Cash-out options
  • 12-month and 24-month alternative documentation for self-employed borrowers

Better Possibilities for Your Borrowers

As a mortgage broker, it's crucial to have a range of lending options available to cater to the diverse needs of all loan prospects, including those with less-than-perfect credit histories.

Verus Wholesale recognizes the disappointment of missed lending opportunities and addresses this by providing underwriting and funding for non-traditional loans. Our specialized non-QM loan programs give mortgage brokers the assurance they require to confidently finalize these loans with the support of a reliable wholesale partner.

To succeed in the non-QM market, it is crucial to have an experienced wholesale partner dedicated to providing cutting-edge non-traditional financing options that match your borrowers' needs.

Our Programs

Our non-QM programs offer access to financing for customers by breaking through obstacles using tested methods and practical underwriting. This provides a pathway for consumers to get the financing they need.

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