Asset depletion loans offer a powerful alternative for borrowers who have strong financial assets but limited or fluctuating income. By converting your savings, investments, or retirement funds into qualifying income, this loan type makes homeownership possible without relying on traditional paychecks. With expert guidance and a streamlined process, you can turn your existing wealth into the key to your next home.
- Leverage your assets: Use savings, investments, or retirement funds to qualify for a mortgage, even without traditional income.
- Innovative qualification approach: Lenders calculate your asset value and convert it into a monthly income equivalent for loan approval.
- Ideal for diverse borrowers: Perfect for retirees, self-employed individuals, and investors with substantial financial reserves.
- Simplified process: Less focus on employment history and more emphasis on assets, often resulting in quicker approvals.
- Personalized guidance: Experienced mortgage professionals help you understand how to use your assets effectively for home financing.
