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Category: Programs We Offer
Created: 12 March 2015
Last Updated: 27 August 2019

Asset Depletion Jumbo Loan

Income Documentation Alternative:

Asset Depletion

Self Employed and W-2 Wage Earner Co-Borrower

660 Mortgage Credit Score - 80% LTV to 2 million

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640 Mortgage Credit Score - 75% LTV to 2 million

Credit Notes:

2 years seasoning required from bankruptcy discharge date

2 years seasoning required for short sales and foreclosures

Purpose:

Property Types:

Occupancies:

Debt to Income ratio:

States:

Alabama, Arizona, California, Colorado, District of Columbia, Georgia, Florida, Iowa, Indiana, Kentucky, Maryland, Michigan, Minnesota, North Carolina, Ohio, Oregon, South Carolina, Tennessee, Texas, Virginia, Wisconsin

 

Reference # - 124 527030515 PS

 

Mortgage brokers/lenders perform acts for which a real estate license is required.