Lendmire Research

Asset Depletion Loans — Asset depletion is a way to qualify for a mortgage using liquid savings and investments instead of a pay stub.

Retirees planning to also buy a rental property need a second tool, because most asset qualifier programs stop at owner-occupied housing.

This makes them the right tool for a self-employed buyer who wants a personal-use property, not a rental.

It’s a different animal than a DSCR loan, which qualifies the property’s rental income instead of you.

A bank statement loan is a documentation method, not a property restriction. That rule doesn’t dictate a magic income number.

No W-2s. No tax returns. Just verified assets, a formula, and an underwriting file built around a balance sheet instead of a paycheck.

Second-Home Financing In Boulder — Being a business owner changes how your income gets documented on a mortgage.

A lender divides eligible assets by a set number of months — the divisor — and plugs the result into a standard debt-to-income calculation.

Asset Qualifier Mortgages In Big Sky — These loans let a retiree qualify using liquid assets and retirement accounts instead of a paycheck.

It works in any high-cost market, mountain resort towns included, where property values routinely clear conventional loan limits.

Bank statement programs let a self-employed buyer prove that cash flow with deposit history instead of tax returns.

Get the occupancy call wrong and the file can unravel late, so it’s worth nailing down before you write an offer.