Loan Program

Asset Qualifier

Serving OUR Community with Smarter, Asset-Based Loan Options.

New American Funding has a solution for strong borrowers!

Trying to buy property based on W-2 or tax return income doesn’t work for everyone. New American Funding may have the solution you need. With our asset-based programs, you may be able to qualify using your liquid assets, such as savings, CDs, investments, and retirement accounts. Let us help you today!

PROPERTY TYPES

Single family residence
Condos & Condotels
1 – 4 units

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Program Highlights

As little as 10% down payment (90% loan-to-value ratio)
Debt-to-income ratio as high as 55% (when required)
Primary, second homes, and investment properties are eligible
Fixed-rate, adjustable-rate, and interest-only options
First-time homebuyer eligible
Loan amounts up to $4.0 million
Purchase, refinance, or cash-out refinance
Credit score as low as 640

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Get started by using one of our FREE tools!

No matter what your situation is,
there is a home financing solution for you.

No Income / No Employment DSCR Investor Loans

Buy Investment Property with Non-traditional Income.
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12/24 Month Bank Statement

Serving OUR Community’s Self-Employed Borrowers with Smarter Loan Options.
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No Income / No Employment Loan Primary Residence Loan

Empowering OUR Community with Flexible, Asset-Based Mortgage Solutions.
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ITIN Mortgage Loan Program

Homeownership Made Possible for Non-U.S. Citizens Using an ITIN.
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P&L-Only Mortgage Loan Program

Streamlined Approval for Self-Employed Borrowers Using Just a P&L.
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1099 Mortgage Loan Program

Flexible Home Financing for 1099 Earners — Less Paperwork, More Possibility.
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NAF Cash

NAF Cash Can Turn You Into a Cash Buyer.
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Renovation

Smart Loans Backed by Real People, Serving OUR Community Every Day.
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One Time Close Construction

Build your dream home with an OTC Jumbo loan designed for big visions.
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VA

Homeownership Benefits You’ve Earned Through Service.
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FHA

Affordable Financing Designed for First-Time Homebuyers.
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Conventional

Flexible Home Financing with Competitive Rates and Terms.
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Jumbo

Financing for Homes That Go Beyond Conventional Limits.
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USDA

Affordable Home Financing for Rural and Suburban Communities.
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Down Payment Assistance

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Check out our other mortgage calculators

Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.

Affordability Calculator

Assess how much home you can afford based on your income, expenses, and desired down payment.

Early Payoff Calculator

See how making extra payments can help you pay off your mortgage faster and save on interest.

Rent vs Buy Calculator

Compare the costs of renting versus buying a home to determine the best financial decision for your situation.

Rate Buydown Calculator

Check out how much you can save with a seller-paid rate buydown.

Repayment Calculator

See what your monthly payment could be with our general repayment mortgage calculator.

Mortgage Comparison Calculator

Compare different mortgage options side by side to find the best fit for your financial needs.

DSCR Investor Calculator

See what your investor ratio is with our DSCR calculator.

Refinance Comparison Calculator

Evaluate the potential savings and costs associated with refinancing your existing mortgage.

Adjustable Rate Mortgage Calculator

Determine your potential monthly payments and interest costs for an adjustable-rate mortgage over time.

VA Calculator

Estimate your monthly payments and total costs for a loan backed by the Department of Veterans Affairs.

Jumbo Calculator

Calculate your monthly payments and total costs for a jumbo mortgage that exceeds conforming loan limits.

FHA Calculator

Determine your potential monthly payments and total costs for a Federal Housing Administration loan.

Conventional Calculator

See the monthly payment and total cost for a conventional mortgage loan.

USDA Calculator

Calculate the costs and monthly payments associated with a USDA Rural Development loan.

203k Renovation Calculator

Analyze your debt service coverage ratio to evaluate the profitability of an investment property.

Ready to get started?

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Quicklinks

Contact

Mortgage Calculators

Mortgage FAQ

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(919) 451-6089

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4813 Emperor Blvd. Ste 120, Durham, NC 27703

New American Funding, LLC // NMLS #6606 All information is deemed reliable but not guaranteed. Neither mortgage company nor website company shall be responsible for any typographical errors, misinformation, or misprints and shall be held totally harmless. Information is subject to change without notice. This is not an offer for extension of credit or a commitment to lend. If you are using a screen reader or other auxiliary aid and are having problems using this website, please call 919-451-6089 for assistance. You should not send confidential or personally identifiable information via unencrypted email. It is not a secure way to send any information and could expose you to data hacking. This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site. NAF Cash, LLC (“NAF Cash”) is a real estate company that is an affiliated company of New American Funding, LLC. All products and services supplied by NAF Cash are subject to state availability and contractual terms and conditions. NAF Cash does not originate loans or issue loan commitments. NAF Cash, LLC charges a Transaction Fee of 1.50%-7.5% of the purchase price for its service (fee varies by state and program). License numbers: MI Real Estate Broker #6505431332. Terms and conditions apply, not available in all states. 41050 W 11 Mile Rd, Ste 220, Novi, MI, 48375. Phone 844-344-0531.

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