Asset Depletion Mortgage Loan Programs

Asset Depletion is based on liquid assets, REO (real estate owned) equity. These asset accounts can be utilized either as a stand-alone source of qualifying "income" or in conjunction with other flexible income documentation programs such as a Lite Doc or Reduced Doc program or an Alt Doc bank statement program which can allow the use of your bank statements (cash-flow) to illustrate what's called an "Ability-to-Repay". The ability-to-repay rule applies to all Non-QM (non-qualified mortgage) mortgage programs. 4506T form not required.

 

Alternative Income Documentation Jumbo Program 03 June 2019
Portfolio Jumbo Low Doc | One Year P&L Statement Only 24 August 2019
Bank Statements - Interest Only - Jumbo Mortgage 15 August 2019
Non-QM Low Doc Jumbo 09 October 2019
Non-Qualified Mortgage (Non-QM) | Jumbo Program 15 August 2019
Bank Statements / Asset Depletion to 3 Million 16 August 2019
Portfolio Mortgage Programs 01 March 2019
Asset Depletion Super Jumbo Mortgage 31 August 2019
Non-Prime Bank Statement Loan 16 July 2019
Bank Statement Loan 600 Credit Score 27 August 2019
Asset Depletion Program to 2 Million 27 August 2019
Stated Income / Verified Assets Super Jumbo 27 August 2019
Asset Qualifier Jumbo Loan 01 March 2019
True No Doc Home Loan 27 August 2019
Second Mortgage $350,000 31 August 2019
Stated Income / Verified Assets 680 Credit Score 2 Million 27 August 2019
Bank Statement Loan 580 Credit Score 01 March 2019