Current asset-based guidelines, updated from one source.
The block below is the asset-based program reduced to the figures that decide a file, read from Lendmire’s single guideline source and refreshed on this page when the wholesale sheets change: the loan ceiling on each path, the credit floor, the leverage by purpose and occupancy, and the share of each account type that counts. Everything else on the page is explanation.
Up to $4,000,000 on assets alone; $3,500,000 when assets become income
The largest loan on the asset qualifier path is $4,000,000, provided the usable assets equal or exceed it; the asset depletion path tops out at $3,500,000. Neither figure is a quote, and the lender’s own calculation of the usable assets governs the amount.
The asset qualifier path’s published floor; the depletion path follows the suite’s score and amount matrix
The asset qualifier path publishes a 600 decision-score floor. The asset depletion path follows the score and loan-amount matrix of the documentation suite it belongs to, where the floor rises with the leverage and the amount. The score is read from the credit report at application; it is never promised here.
That ceiling on a purchase and 75% on a refinance when assets cover the loan; 60% on a depletion cash-out
On the asset qualifier path a purchase reaches 80% of the price and a refinance 75% of the value, on a principal residence or a second home. On the asset depletion path a purchase or rate-and-term refinance reaches the same 80% on those occupancies, and a cash-out refinance stops at 60%.
Credited under 59½, and at 59½ or older, when assets cover the loan; 70% at any age when assets become income
90% under the age line, 100% at or past it: that is how a retirement balance is credited when the assets must cover the loan. When the assets are instead converted into income, the same balance counts at 70% whatever the owner’s age. The difference can decide which path fits.
| Account type | Credit toward the loan |
|---|---|
| Brokerage accounts (stocks, bonds, funds) | 100% of the balance |
| Certificates of deposit | 100% of the balance |
| Money market accounts | 100% of the balance |
| Savings and checking | 100% of the balance |
| Retirement accounts (401(k), IRA) — owner under 59½ | 90% of the balance |
| Retirement accounts (401(k), IRA) — owner 59½ or older | 100% of the balance |
| Account type | Share counted |
|---|---|
| Cash accounts | 100% of the balance |
| Certificates of deposit | 100% of the balance |
| Securities (stocks, bonds, funds) | 80% of the balance |
| Private stock | 75% of the balance |
| Retirement accounts (any age) | 70% of the balance |
| Real-estate equity | 60% of the balance |
| Path and occupancy | Purchase | Rate-and-term | Cash-out |
|---|---|---|---|
| Asset qualifier — primary residence or second home | 80% | 75% | set by the lender |
| Asset depletion — primary residence | 80% | 80% | 60% |
| Asset depletion — second home | 80% | 80% | 60% |
| Asset depletion — investment property | 65% | 65% | 60% |
Two paths behind these pages: on the asset qualifier path the usable assets must equal or exceed the whole loan and no employment or income is documented; on the asset depletion path the usable assets are divided across the published number of months (the table above) into a qualifying income that carries the housing payment and other debts through the debt-to-income test. Reserves are not required on the qualifier path at or below the refinance leverage; the depletion path asks for statements at least one hundred twenty days old plus a current one. Minimum assets on the depletion path: the lesser of one million dollars or one and a quarter times the loan, never below a quarter million liquid when assets are the only income. Lendmire is a broker, not the lender, and the lender is not named.
Current asset-based snapshot · updated October 21, 2026 · a Lendmire loan officer confirms the path, the asset credit, and the leverage for the file before an offer.
Informational only; not a commitment to lend, an approval, or a quote. Every figure on this page is a program parameter read from Lendmire’s guideline source, built on wholesale program sheets, and may change without notice; eligibility, the path, the leverage, and the amount are decided in underwriting. Nothing here is tax or investment advice, and the assets described are never required to be sold or moved by this page. Lendmire is a mortgage broker, not a lender. Licensed in sixteen states for consumer mortgages. NMLS #2371349.
What an asset-based mortgage is — and how the two paths qualify a file.
The asset-based program is one program with two doors. Through the first, an Ocoee buyer walks in with statements that add up to the loan and leaves employment and income out of the file entirely. Through the second, a buyer whose balances do not cover the loan walks in with the same statements and the lender turns them into a monthly figure to test against the payment. The cards below describe each door and the rules at the threshold.
For the program overview, see Lendmire’s asset-based mortgage program, or the statewide guide at Asset-Based Mortgage in Florida; for the age rule on retirement withdrawals, see the IRS.
Two paths, one program
An Ocoee loan officer reads the statements against both paths before recommending one. Covering the loan outright keeps income out of the file and keeps the reserve requirement off at the refinance leverage, but it needs assets equal to the loan. Depleting the assets into income does not need the balances to cover the loan, opens investment property and cash-out at their own ceilings, and brings the ratio test back. The recommendation follows the balances.
The asset qualifier path
The credited total must reach the loan amount, and the loan must sit inside the path’s leverage: a share of the price on a purchase, a lower share of the value on a refinance. Reserves are not required at or below the refinance leverage. The usual way an Ocoee file that falls short is repaired is a larger down payment, which lowers the loan to what the assets cover.
The asset depletion path
The path exists for the household whose assets are substantial but short of the loan. The minimum is a stated pool of qualified assets or a multiple of the loan balance, whichever is less, with a floor on liquid assets when the depletion income is the only income in the file. When the asset income merely supplements documented earnings, the minimum-assets rule is waived and the combined ratio may run to forty-five percent.
Seasoning, statements, and what counts
Seasoning means how long the money has been where the statements say it is. On the asset qualifier path, two months of statements for each qualifying account is the rule. On the asset depletion path the lender wants statements at least four months old plus the most recent one, with the sale of a business, an inheritance, or a legal settlement excused from the wait. An Ocoee buyer planning a purchase after a liquidity event plans the seasoning first.
Every input below is yours: the Ocoee price, the loan, the balances by account type, the owner’s age against the age line, the benchmark, and the carrying costs. The calculator credits the accounts the way the asset qualifier path does, converts them the way the asset depletion path does, and shows the loan against each, with a thirty-year payment at the benchmark for context.
Ocoee’s market in figures — and how asset-based lending fits.
Local context for an Ocoee asset-based file: how many people live here, what a typical home is worth, how many households own rather than rent, and how large the owner pool is. None of these figures enters underwriting; all of them shape the price a loan officer sees first.
Citywide figures provide general market context, not an appraisal or an income calculation. These are context figures, not underwriting inputs. A typical value sets the scale of the loan, the ownership share says how many households are likely to be buyers rather than renters, and the owner count says how wide the comparable pool is when the appraisal is written.
Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including tenure, home values, gross rents, and household income.
Distinct Ocoee neighborhoods, distinct asset files.
The Ocoee market breaks into submarkets, and an asset-based mortgage reads differently in each: a condominium near the center, a second home on the water, an estate on acreage, a rental on the far side of town. The cards describe the typical file in each and what the path choice turns on there.
The retiree buying on a portfolio
An Ocoee retiree buying on assets rarely tests the program’s ceilings. The questions are the account rules: the retirement credit by age, which balances count, and whether the proceeds of a prior home sale have seasoned. A loan officer reads the statements and names the path. Ocoee is home to about 49K people.
Newer executive subdivisions
Ocoee’s newer executive subdivisions appraise cleanly and produce the program’s simplest files: a retiree or a seller of a business, a loan inside the purchase leverage, and usable assets that cover it. The only questions are the account rules. On a home in Ocoee priced at or above the median, the asset qualifier path finances up to 80% of the price on a purchase — the balance of the price is the down payment, and the usable assets must cover the loan itself.
Lakefront and view properties
View properties around Ocoee draw the asset-rich buyer, and the file turns on the value the appraiser supports. The usable total is read against the loan the leverage allows at that value, with the flood policy priced into the depletion ratio where it applies. The median owner-occupied home value in Ocoee runs near $406,400 on the latest Census estimate.
Historic and estate homes
Condition and comparable sales decide the appraisal on an Ocoee historic home; the statements decide the rest. A loan officer runs the file at the contract price and at a lower value so the buyer knows both margins. The margin above the loan is the figure to watch. Median household income in Ocoee sits near $98,911 on the latest Census estimate.
Second homes in the area
Ocoee’s second homes are bought on assets by households with a residence elsewhere and a portfolio. The asset qualifier path covers the loan when the balances allow; the depletion path converts them when they do not. Roughly 11,404 Ocoee households own their homes on the latest Census estimate — 73% of all households, the pool an asset-based purchase joins.
Rural acreage and farmettes
A farmette near Ocoee bought on assets is read in two halves: the accounts, which follow the program’s rules, and the property, which follows the lender’s. Agricultural zoning or use can take a property out of the program regardless of the balance sheet. About 27% of Ocoee’s households rent — roughly 4,184 renter households on the latest Census estimate.
An Ocoee loan officer uses submarket knowledge to set expectations about value and comparable sales; the program’s figures are set by the sheets, not by the neighborhood, and every file is held to them.
Four ways Ocoee buyers put their assets to work.
The uses below are the ones Ocoee loan officers see most: the retiree buying on a portfolio, the seller of a business buying before the next venture, the household keeping the investments invested, the second home bought on assets. Each is a different file on the same two paths.
Finance a second home or a rental on assets
For a rental, the asset depletion path is the only path open, at the investment-property leverage, with cash-out at the depletion path’s cash-out ceiling. For a second home, both paths are open. An Ocoee loan officer sorts the occupancy first, because it decides the path before the balances are even read.
Turn a portfolio into qualifying income
An Ocoee buyer whose assets are substantial but short of the loan uses the asset depletion path: the eligible accounts are haircut by type, added up, and divided by the divisor into a monthly income that carries the new payment through the debt-to-income test. The minimum-assets rule applies when that income stands alone, and is waived when it supplements documented earnings.
Buy after a liquidity event, before the next venture
A liquidity event produces exactly the balance sheet the program is built for: assets well above the loan and earnings that have paused. An Ocoee buyer in that position covers the loan on the asset qualifier path with no income in the file, or, if the proceeds are smaller, converts them into income on the depletion path with the seasoning excused.
Keep the investments invested
For an Ocoee buyer weighing a cash purchase against a mortgage, the asset-based program offers the mortgage without the income file. The assets are counted on paper, the home is financed, and the portfolio stays invested. A loan officer shows the two paths on the actual balances before the offer is written.
Measure an Ocoee loan against the assets before requesting a review.
The starting figures are an Ocoee price above the median, a loan at a share of the price inside both paths’ purchase leverage, and a balance sheet split among cash, brokerage, and retirement accounts with the owner under 59½. Change any of them. The verdict, the margin, the depletion income, and the payment update as you type.
Ocoee asset coverage estimate
The starting figures are an Ocoee price in the upper part of the market with a loan at seventy percent of it and a balance sheet that covers the loan at the under-59½ retirement credit. Every field is editable, and the benchmark updates weekly from the Freddie Mac series.
Editable benchmark: 7.40% as of October 15, 2026 · Freddie Mac 30-year average via FRED®. A conventional market reference, not an asset-based mortgage quote.
Illustrative starting assumptions: a $575,000 price above the Ocoee median, a loan at seventy percent of the price, a balance sheet split among cash, brokerage, and retirement accounts with the owner under 59½, a thirty-year payment at the current Freddie Mac conforming benchmark, property taxes and insurance estimated for Florida (U.S. Census Bureau). Every field is editable.
Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. The credit percentages, the haircuts, and the divisor are wholesale program parameters hydrated from Lendmire’s guideline endpoint; the lender’s own calculation governs, and which accounts count, how they season, and what the age rule allows are settled in underwriting. The rate field carries the weekly Freddie Mac thirty-year conforming benchmark, a market reference and not an asset-based mortgage quote; the terms on an asset-based mortgage are set by the lender at lock. Taxes and insurance are estimates. Nothing here is tax or investment advice.
Same buyer, three ways to document the file.
For an Ocoee buyer with assets and an unconventional income picture, the comparison is between covering the loan, depleting the assets, and documenting deposits. The rows set out the strengths of each, and the last row says where each one fits.
Assets that cover the loan, assets as income, or deposits as income.
When the credited balances reach the loan, nothing else about income needs to be shown. The trade is the threshold: the assets must cover the loan itself, not a share of it, and investment property is not on this path. Reserves are not required at or below the refinance leverage, and the file is the statements, the credit report, and the appraisal.
Haircut assets divided by the divisor into a monthly income, then the debt-to-income test with the new payment. Principal residences, second homes, and investment property; purchase, rate-and-term, and cash-out at published ceilings; a minimum-assets rule when the income stands alone; longer seasoning.
The deposit route reads the statements for inflows rather than balances. For a business owner whose accounts turn over, it can produce a larger qualifying income than depleting the balance would; for a retiree with no deposits, it produces nothing. See Lendmire’s bank statement loan program.
Assets that cover the loan, assets that become income, deposits that become income: three answers to one question, and the right one for an Ocoee household is read off its statements. The comparison on this page is run for real on every file before the lender’s terms are put in writing. Loans above the conforming limit on documented income: Lendmire’s jumbo loan program.
What to prepare for an Ocoee scenario review.
Preparation for an Ocoee asset-based review is mostly gathering: the statements for each account, the age of the owner of each retirement account, the credit report, and, on the depletion path, any income the asset income will supplement. The items below are the ones a loan officer asks for first.
This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the transaction, the property, the path, the accounts, and the credit picture. Nothing here is legal, tax, or investment advice.
Local details that can change the loan.
The figures in the snapshot are the program’s; the details below are where an Ocoee file moves. Which side of the age line the owner stands on, how long the money has been in place, which accounts the lender will count, and which path the occupancy allows are settled before the terms are written.
Use these checks to keep the Ocoee file clean and fundable.
Settle the age rule, the seasoning, and the eligible accounts first. Everything else in an Ocoee file, the path, the leverage, the loan amount, is arithmetic once those three are known.
- Confirm the age rule: each retirement account is credited by its owner’s age on the asset qualifier path.
- Count the months: two months of statements per account cover the loan on the asset qualifier path.
- Sort the accounts: brokerage, bank, money market, certificates of deposit, and retirement accounts are eligible.
Retirement accounts and the age line
Retirement balances are the most age-sensitive figure in the program. On the asset qualifier path they are credited by the owner’s age; on the asset depletion path they are haircut at a flat share whatever the age. An Ocoee household with a large retirement account and a modest brokerage account is read carefully on both, because the usable totals can land on opposite sides of the loan.
Seasoning by path
The lender wants to see that the money has been the borrower’s for a while and is not a loan dressed as an asset. Recent transfers are traced to the account they came from; recent deposits are documented with their source. An Ocoee file with a clean trail seasons without friction; one with unexplained deposits waits.
Which accounts count
Most of the eligible list is shared by both paths, with real-estate equity and private stock counting on the depletion path only; the share counted is what differs. An Ocoee household whose wealth sits in a private company, in options, or in an account held abroad may find the usable total smaller than the net worth suggests, and the sorting is done before the path is chosen so the result is not a surprise.
Supplementing income with asset income
The depletion path can add asset income to documented earnings rather than replace them. The combined ratio may run to forty-five percent when the income is supplemented, and the minimum-assets rule is waived. For an Ocoee household with a pension, a part-time income, or a small business and a meaningful portfolio, the supplemented file is often the stronger one.
Reserves by path
Reserves are light on this program: the assets that qualify the loan are the reserves, and on the asset qualifier path none are required at or below the refinance leverage; above it, up to the purchase ceiling, the lender sets the requirement. An Ocoee buyer still plans the down payment and closing costs so the usable total is not reduced at closing.
From an Ocoee asset review to keys in hand.
Four steps carry an Ocoee asset-based loan from review to closing. Nothing on this page commits anyone to lend; the written terms come from a licensed loan officer after the review, and the appraisal and the underwriting decide the rest.
Asset review
The first conversation settles the shape of an Ocoee file: which path the balances support, what leverage the purpose allows, how long the accounts have seasoned, and whether the usable total clears the loan with a margin. The review names the path, and the loan officer writes the outcome down before any offer is drafted.
Contract and appraisal
The contract sets the price the loan is measured against; the appraisal confirms the value supports it. On an Ocoee file where the assets just cover the loan, an appraisal that lands under the price is answered with a larger down payment, which lowers the loan the assets must cover.
Underwriting
Conditions, when they come, are usually documentary: a missing statement page, a deposit without its source, an account that needs its holdings shown. An Ocoee buyer who gathered the list on this page meets most of them before they are asked. The underwriter’s questions are the loan officer’s questions asked a second time, on the same statements.
Closing
At closing the down payment and the closing costs are paid, the loan funds, and the accounts that qualified the file stay where they were. The lender reads the balances as they stand after the funds to close are drawn, which is why an Ocoee file keeps a margin above the threshold.
A brokerage that reads both paths.
A single lender with one asset program sells that program. A brokerage with both paths on the table can say which one an Ocoee file supports and why. That is the service: the statements read twice, the usable totals shown side by side, the recommendation following the numbers.
Both paths, one set of statements
The comparison printed on this page is run for real on every Ocoee file: assets that cover the loan beside assets that become income beside deposits read as income, and the written terms follow from it. The buyer sees the usable total on each path, the margin above the loan, and the derived income beside the payment before anything is signed.
The account rules explained before the offer
Which accounts count, how retirement money is credited by age, how long each account must season, what a large deposit needs behind it: an Ocoee buyer hears these before the contract is signed, not after the underwriter asks. The margin above the threshold is shown, so the down payment and the closing costs can be planned around it.
Licensed, consumer-purpose, in writing
Every figure on this page is a program parameter drawn from one guideline source. The written terms for an Ocoee file come from a licensed loan officer after the review, the credit report, and the appraisal; the page is where the method is explained, not where the loan is made.
Trusted by buyers & families alike.
Ocoee asset-based mortgage FAQs
The questions Ocoee buyers bring to an asset-based mortgage, answered in order: the two paths, the age rule, the seasoning, the eligible accounts, the leverage, the occupancies, and the comparison with a bank statement loan.
What is an asset-based mortgage?
Think of it as the mortgage for the buyer who could pay cash but would rather not. The accounts stay invested, the lender reads them on paper, and the loan is sized to what the usable assets cover or to the income they produce. For an Ocoee household with wealth and little income on paper, it is often the mortgage that fits.
How does the asset qualifier path work?
It covers the loan with the balances. Brokerage, savings, money market, and certificates of deposit count in full; retirement accounts count at a reduced share under 59½ and in full from 59½ on; the accounts combine. An Ocoee buyer whose credited total reaches the loan is written on this path with two months of statements per account.
How does the asset depletion path work?
It converts assets into income. Cash and certificates of deposit count in full, securities at a lower share, retirement accounts lower still regardless of age, and real-estate equity lowest; the haircut total is divided by the divisor and treated as monthly income. The path reaches principal residences, second homes, and investment property.
How are 401(k) and IRA balances counted, and why does 59½ matter?
The age line is applied per owner and per account. An Ocoee couple with accounts on both sides of 59½ sees each credited by its own owner’s age, and the sum counts against the loan. The accounts are not drawn on; the rule governs the credit, not the custody.
What credit score does an asset-based mortgage need?
A clean recent housing record and a score at or above the floor are the expectation. An Ocoee buyer with a strong portfolio and a weak score is not repaired by the portfolio; the credit question is answered first, and the asset question second.
Can I buy a second home or a rental on assets?
The program reaches both, and the distinction matters: a second home is an owner-occupied occupancy with the full purchase leverage, a rental is an investment occupancy with a lower one and a depletion-only path. The Ocoee file is structured around that answer from the start.
How long do the assets need to be in the accounts?
On the asset qualifier path, two months of statements for each qualifying account. On the asset depletion path, a statement at least four months old at application plus the most recent one, with funds from the sale of a business, an inheritance, or a legal settlement excused from the wait. The money must be traceable as the borrower’s.
I just sold my business. Can I buy on the proceeds?
Proceeds in a domestic brokerage, savings, or money market account count in full on the asset qualifier path. Proceeds still inside the company, in escrow, or in a foreign account do not count until they are the borrower’s own domestic funds. An Ocoee buyer plans the transfer and the statements before the offer.
How large can the loan be?
The ceilings differ by path because the paths prove ability to repay differently. An Ocoee loan officer confirms the amount for the file after the usable total is calculated; the figures in the snapshot are the program’s limits, not an offer.
What sets the timeline on an asset-based mortgage?
The timeline is set by the appraisal, the title work, and the documentation of the accounts, not by the program. An Ocoee file whose statements are complete and whose deposits are documented moves on the ordinary purchase calendar; one with unexplained deposits or missing pages waits for them.
Buy on assets in Ocoee on the path that fits.
Share the balance sheet once; the review covers the asset qualifier path, the asset depletion path, and the alternatives on the same statements. The terms come in writing from a licensed loan officer.
This guide covers Ocoee — for the statewide guidelines, markets, and scenarios, see Asset-Based Mortgage in Florida, part of Lendmire’s asset-based mortgage program.
Nearby markets in Florida: Apopka · Clermont · Kissimmee · Orlando · Sanford · St. Cloud · Davenport · Deltona
Related programs: Bank Statement Loans · Jumbo Loans · Super Jumbo Bank Statement Loans