Qualifying assets depend on Schwab brokerage and Schwab Bank combined account balances, including:

a) Brokerage records where the borrower(s) can be an owner, trustee or custodian; b) conventional, Roth, and Rollover Individual pension records (IRA)* - individually owned or inherited. (academic & Custodial IRAs aren't eligible); c) Bank records when the borrower(s) can be an owner or trustee: checking & savings; d) Non-Retirement company Corporation, LLC, Partnership and Sole Proprietorship reports can be qualified with respect to the borrower’s part. (Excluding Business Retirement records such as for example Simple IRA, SEP IRA & Pension Trust).

*Clients of Independent Investment Advisors: IRA balance eligibility just isn't readily available for consumers of separate investment advisors. Qualifying assets are derived from Schwab and Schwab Bank combined account that is non-retirement. For additional details please visit and log into www.schwaballiance.com

Schwab Bank makes its effort that is best to recognize all qualifying assets based in your Social Security quantity.