With the collective equity in U.S. real estate reaching $33 trillion, demand for asset-backed mortgages, often called bridge loans, is increasing. According to Business Insider, this surge in real estate equity wealth presents a prime opportunity for U.S. real estate investors to leverage their property value. These short-term loans let investors quickly access property equity to fund various financial goals.
America Mortgages provides customized asset-backed loans, which have become a popular choice for foreign nationals and U.S. expats looking for quick and flexible financing options for a variety of financial needs, such as buying new properties, funding renovations, or addressing business opportunities quickly and easily.
Why Use Asset-Backed Mortgages?
With banks continually tightening requirements for mortgage loans, asset-backed lending is becoming a vital tool for real estate investors. Rather than using personal or company financials, asset-backed mortgages allow investors to use their property as collateral to access cash quickly. These loans help bridge the gap between buying and selling properties, fund renovations, or support business opportunities. This type of financing can be particularly advantageous in scenarios like:
- Quick Access to Cash: America Mortgages provides funding within 5-14 days, which is crucial for investors who need to act fast when opportunities arise.
- Flexible Use: Asset-backed mortgages are useful when you need quick access to liquidity in a fast-moving market. They’re also practical if you’ve bought a new property but can’t sell your existing one in time.
- Alternative for Financial Challenges: For those with financial challenges, including issues with payment history, asset-backed loans offer a workable alternative when traditional financing is difficult to obtain.
Key Benefits of America Mortgages Asset-Backed Loans
- High Loan-to-Value Ratios: America Mortgages allows investors to leverage up to 70% of their property’s value, giving them access to significantly more cash compared to standard loans.
- Short-Term Flexibility: Loan terms can vary from as short as six months to a few years, offering a temporary bridge to more long-term financing solutions when needed.
- Simplified Qualification Process: As with everything we do at America Mortgages, these loans are structured for foreign nationals and expats. These asset-backed loans do not require the rigorous credit checks and income documentation that are typically necessary with traditional loans, making the approval process more streamlined and accessible.
AM Bridge+ Loan Program
The America Mortgages Bridge+ Loan Program provides quick access to capital with competitive rates and streamlined processing tailored to meet the needs of global investors.
Key Loan Features and Requirements
- Income: No personal income required
- Credit: No U.S. credit is required
- Eligible Loan Types: Purchase, refinance, and cash-out refinance
- Term Lengths: 12-24 months
- Loan Amounts: US$300,000 to US$100m
- Payment Options: Monthly, interest-only, interest rolled up
- Loan-to-Value (LTV): Up to 70%
- Location: All 50 U.S. States
- Underwriting: Property value-based only
- Amortization: Interest-only Servicing
- Closing Time: 5-14 days
Is an Asset-Backed Mortgage Right for You?
If you have equity in a property and need quick, flexible financing, an asset-backed mortgage might be the solution. America Mortgages offers options that help fund property purchases, renovations, and other financial needs—perfect for foreign nationals and U.S. expats seeking fast, flexible solutions.
For more information on how America Mortgages’ asset-backed loans can be advantageous for you, get in touch with us today at +1 (845) 583-0830. Whether you’re purchasing, renovating, or simply looking to tap into your property’s value, an asset-backed mortgage could offer the flexibility you’re looking for. Schedule a meeting with one of our loan officers using our 24/7 calendar link, and let’s turn your home equity into cash.
