Prime Ascent Plus Loan Program from Verus

Verus Prime Ascent Plus Loan Program is an option for borrowers that are qualified with either conventional or alternative income documentation. It is a non-QM loan program that may be able to meet the specific needs of applicants seeking loan options that are not available under other programs.

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
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Better Possibilities for Your Borrowers

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 applicant wants to buy a primary dwelling, secondary home, or investment property, Prime Ascent Plus may be your answer.

Prime Ascent Plus loans provide a significant opportunity for independent mortgage brokers to expand their non-QM business and become a reputable source for non-QM loans. The need for non-traditional income solutions is on the rise, and brokers who are not yet in this market may not know how to work with borrowers who don't fit the traditional mold. Verus Wholesale, with its extensive experience and resources, specializes in responsible non-QM lending and can help brokers successfully serve these borrowers.

Verus was established to meet the increasing demand for specialized solutions for creditworthy borrowers who do not meet conventional mortgage loan requirements. Our wholesale channel underwrites and funds non-QM loans, while Verus Mortgage Capital buys loans originated in all 50 states and the District of Columbia for both owner-occupied and investment properties. Partner with us and tap into the growing market of non-traditional income borrowers.

With Verus Wholesale, you can expand your client base to include more diverse borrowers, including the self-employed, luxury, jumbo and high-value home buyers.

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

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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