Designed for borrowers with substantial liquid capital. The Asset Depletion program permits borrowers to qualify based on their assets, up to 50% DTI.
Borrower receives 100% credit of the retirement amount in their portfolio
Credit scores starting at 620
Up to 85% LTV (with 720 FICO)
Cash-out and Interest-only options available
Max Loan Amount $6,000,000
Min Loan Amount $150,000 (owner-occupied, 2nd homes)
3 – 12 mths PITIA reserves (based on loan amount)