Unconventional Mortgages (800) 718-8906

Unconventional Mortgages and Loans

(800) 718-8906

Unconventional Mortgages - A Wealth of Information Resource & Service: (800) 718-8906


Asset Depletion Super Jumbo Mortgage

Asset Depletion – 680 Credit Score

Tax Transscripts Not Required by Lender

Jumbo and Super Jumbo Bank Statement Loans

This is an income documentation program for self-employed or retired borrowers.

Asset Depletion Income

Asset Depletion is a feature that we can utilize to offset income debt ratio guidelines.

Forms 4506-T and 4506-C Not Required

Bank Statements can also be utilized in lieu of traditional income documentation. This can be done under any loan program within this program’s core product offering including the Super Jumbo program to 5 million. This loan is for borrowers that cannot or choose not to document their income but also have a considerable amount of liquid assets. The difference between this loan and a regular Bank Statement loan is the super jumbo loan amounts and the loan program flexibility, making it all-around easier to qualify for.

Highly qualified borrowers with strong credit and reserves are not getting the mortgage loans they should.

Super Jumbo Loan Amounts to $5,000,000

Credit Scores: 660 Middle Credit Score, the Middle of the three credit scores or lower of two

Eligible Property Types

* Single Family Residence

* Condo < 4 stories

* 2-4 Units

Full Income Documentation pricing applies because this is considered a Full Doc loan program.

Eligible Liquid Assets: CD’s, Monet Market, Stocks, etc.

48-72 hour underwriting turn-time

Available in the Following States:

Alabama, Alaska, Arizona, California, Colorado, Florida, Georgia, Hawaii, Idaho, Illinois, Minnesota, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, Wisconsin, and Wyoming.

Alternative Income Documentation

Contact a Loan Officer

Non-Qualified Mortgage Lending

Hard Money Loans

Investor Loans

Investment Property Loans