What is Asset Utilization / Depletion?

The “Asset Depletion / Utilization” non-QM program is designed for asset-rich borrowers, providing an attractive LTV of up to 90% across diverse property types. It maximizes the value of your borrowers’ liquid assets, offering 100% credit for checking and savings, and effectively accounting for their investments in stocks, bonds, and retirement accounts. With a straightforward FICO requirement of 640 and a flexible approach to recent credit events, it streamlines the lending process. Importantly, its wide-ranging inclusivity embraces both US Persons and ITIN holders, ensuring you have a compelling, asset-centric mortgage solution to offer your borrowers.

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  • Up to 90% Max LTV
  • Loan Amounts: $125K–$3.5M
  • Purchase, Rate and Term, Cash Out
  • OO, Second Homes, NOO
  • Min FICO Score of 640, Qualifying off Primary Wage Earner’s Middle Score
  • Qualified Assets: 100% Credit of Checking, Savings, Money Market, 80% Stocks and Bonds, 60–70% of Retirement Accounts
  • Less Seasoning on Recent Credit Events
  • U.S. Person and ITIN


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This information is intended for the exclusive use of licensed real estate and mortgage lending professionals in accordance with all laws and regulations. Distribution to the general public is prohibited. Rates and programs are subject to change without notice.