by:
Did you know your assets may help you qualify for a home loan?
If you have substantial savings or investments but limited traditional income, Asset Depletion may be an option. This strategy can allow eligible assets to be converted into qualifying monthly income for a purchase or refinance.
Potentially eligible assets may include:
- Savings and investment accounts
- Retirement accounts
- Other qualifying liquid assets
How it works: Your eligible assets are reviewed, an approved calculation is applied, and a portion may be counted as monthly qualifying income.
Every borrower’s situation is different, and program guidelines vary.
Have assets but aren’t sure your income is enough to qualify? Let’s take a look at your options!
📧 [email protected]
📞 (214) 736-9466