No Income? Use Assets to Qualify for a Mortgage

No Income? Use Assets to Qualify for a Mortgage

Asset Depletion / Asset Qualifier Program

Borrowers with great credit, but no steady monthly income, may be able to use their assets to qualify for a mortgage. Compared to asset depletion, LendSure’s Asset Qualifier program essentially doubles the qualifying monthly income, since the draw period is only 5 years (qualifying assets / 60 months).

  • Loan amount is up to 75% of assets
  • Primary Residence:
    – Up to 80% LTV for Purchase and R/T Refinances
    – Up to 70% LTV for Cash-Out Refinances
  • Investment Properties and Second homes:
    – Up to 80% LTV for Purchase and R/T Refinances
    – Up to 60% LTV for Cash-Out Refinances
  • Borrower must have no mortgage delinquency in the last 3 years

Our knowledgeable Account Executives are experts in Non-QM loans and will help you find solutions for your borrowers so you can close more deals each month. Contact your LendSure Account Executive to talk through your borrower’s loan scenario.

Submit Your Loan Scenario