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CALL TODAY:
(813) 928-9610

FLORIDA
SINCE 1995
DIRECT LENDING
Pattern

Transform your
LIQUID ASSETS

into INCOME to qualify.

This is not a commitment to lend.  Not all borrowers will qualify for the loan programs listed.  All program terms and conditions are subject to change and may be discontinued without prior notice. Contact loan originator for program questions and scenarios.  

GET PRE-APPROVED TODAY

3 easy steps.  No cost/obligation

ASSET DEPLETION

Transforming your liquid asset portfolio into income to qualify.

This program is designed for the applicant who has a sizeable liquid portfolio, but reports little or no income from their income tax returns.  

There are several types of calculations; but the most common use of Asset Depletion, which is with Conventional loan programs.

Here's how it works (for Conventional loans):

Total Liquid Assets Minus [Down Payment + Settlement Charges + Reserves] …then divide that number by 360 months.  The resulting figure becomes monthly income that the lender uses to qualify the applicant.  

NOTE: Conventional loans are NOT your only option for asset depletion income.  We offer a wide variety of programs with Asset Depletion to meet the needs of almost any scenario.

Asset depletion can be used in purchase transactions and rate & term refinances.  Cannot be used for cash-out refinances.

ASSET

DEPLETION

ConventionalFlexPrivate ClientFlex

WE OFFER 4 DIFFERENT TYPES OF ASSET DEPLETION

AMORTIZATION

(MONTHS)

ASSET DEPLETION INCOME

MAX LOAN AMOUNT IN MOST AREAS OF FLORIDA

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Side-By-Side Comparison of different programs based on the following scenario:

PURCHASE of a SINGLE-FAMILY HOME in FLORIDA

REMAINING NET ASSETS:  $750,000

(AFTER DOWN PAYMENT/ SETTLEMENT CHARGES/ RESERVES)

360

240

84

ASSET

MATCHING

$2,083/mo

$3,125/mo

$8,925/mo

N/A

$548,250

(for 2021)

$6MM

$2.5MM

$4MM

AMORTIZATION

(MONTHS)

ASSET DEPLETION INCOME

MAX LOAN AMOUNT IN MOST AREAS OF FLORIDA

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