Asset Depletion Loans allow qualified borrowers to use their liquid assets as income verification, perfect for retirees and high-net-worth individuals with substantial savings but limited traditional income
Asset Depletion Loans
Use your liquid assets as qualifying income, allowing retirees and high-net-worth borrowers to secure a mortgage without relying on traditional employment income.
Perfect For:
- First-time homebuyers: A great option for those entering the market
- Experienced homeowners: Ideal for refinancing or purchasing a second home
- Those with good credit: A strong credit score can lead to lower interest rates
Benefits
- Qualify using assets instead of traditional income
- Flexible underwriting guidelines
- Competitive rates
- No employment verification needed