ASSET DEPLETION
Fast, Flexible, Asset-Based Solutions!
Our asset-depletion loans help borrowers qualify by treating their liquid assets—like savings, investments, or retirement funds—as a stream of income, even if they lack traditional earnings. This allows retirees, self-employed individuals, or high-net-worth borrowers with limited reported income to secure financing without liquidating their assets!
ASSET DEPLETION
Overview
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Borrowers assets are used to help in DTI qualification (if assets are enough to qualify, tax returns not required)
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Assets do not need to be withdrawn or pledged to use the income (as few as 2 months of bank statements are required)
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Can be combined with other income documentation types (Full Doc., Bank Statements, retirement income, etc.)
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No age limitations
Here's How it Works
Turn $600,000 in assets into $10,000 in monthly income by dividing the assets by 60 months, or turn just $100,000 in assets into an additional $1,666 of monthly income. This income can be added to other income or used as the only income to qualify your borrower.
Asset Utilization - No Ratio Program
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Another asset based qualification method that is based exclusively on assets
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Borrower must have 100% of the loan amount AND 60 months of all debt payments including PITIA, consumer debt, negative rent on other properties, etc.
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No DTI is calculated. ATR is achieved solely through the above formula
Program Highlights
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Loan amounts up to $4,000,000
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Use 100% of liquid assets - no min. amount (stocks, bonds, etc.)**
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Available for all occupancies
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Can be used as sole income or as supplemental to Full or Alt Doc
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As little as two (2) months of statements required
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Eligible for self-employed or W-2 borrowers
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Cash-out options available
** Some reductions to total asset value may be required depending on asset type, age of borrower, etc.