The mortgage market has a new hybrid product, the asset integrated mortgage, that offers lenders another hook for selective consumers.How the AIM Loan Works Traditional Mortgage AIM Mortgage Purchase Price of Home $100,000 $100,000Cash Available $20,000 $20,000Cash Down Payment $20,000 $5,000AIM Annuity $0 $15,000(2)Loan Amount $80,000 $95,000(1)Borrower's Assets at Work $100,000 $115,000Loan Balance (After 30 Years) $0 $0AIM Advantage (Annuity Value) $0 $95,000(2) (After 30 years; 6.2% estimated rate of return) 1 AIM Investment is supplemental credit enhancement on the mortgage;therefore, mortgage insurance is not required. 2 Actual results may vary depending upon program eligibility, participationand repayment term.

Here's a home-brewed recipe some lenders think may tempt finicky mortgage shoppers: Take a traditional mortgage, blend it with a fixed-rate annuity, and tell the borrower that he or she needs to put less cash down--and may get paid back as much or more than he borrowed over the life of the loan.

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