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Pledged Asset Mortgages allow you to buy or refinance your home or help a family member buy a home with 100% financing while retaining the benefits of having a substantial down payment. - This is a Jumbo Pledge Loan. Under these programs you pledge investments in lieu of a down payment. This means you can finance 100% of your home purchase without liquidating a single account. - Contact us today to understand how to start your Jumbo Pledge Loan - Pledged Asset Mortgage.
Benefits:
- No Capital Gains: You won't be liquidating assets for down payment so you avoid or defer capital gains tax.
- Avoid Mortgage Insurance: Normally with less than 20% down payment you are required to have Private Mortgage Insurance. By using our pledge program you avoid this.
- Maximize your mortgage interest deduction: By financing 100% of your home you you will get the most out of your tax deductible interest. (Be sure to consult with a qualified tax advisor.)
- No need to move your accounts: In many cases you can leave your investments with your current broker!
- Parent Pledged Asset Program: A qualified parent or sponsor may pledge his or her assets in place of a down payment for a third party.
Call today, (800)291-0405 or complete the form below: One of our Pledged Asset Specialists will contact you with more information, on your Jumbo Pledge Loan - Pledged Asset Mortgage |