ASSET DEPLETION PROGRAM The Lending Corporation Asset Depletion program is perfect for retirees, self-employed borrowers, or anyone with strong liquid assets. Qualify with assets alone or blend with full doc, bank statements, 1099s, or VOE. Here’s how it works: Qualify by Dividing Assets Over 60 Months
$300,000 in assets = $5,000/month qualifying income
Program Highlights:
Up to 90% LTV on Purchases Up to 80% LTV on Cash-Out Refis
Assets only need to be seasoned 3 months Owner-Occ, 2nd Home, or Investment OK Minimum 660 FICO
Eligible Asset Types Include: Checking/Savings
Stocks, Bonds, Mutual Funds Vested Retirement Accounts Money Market Fund
Let's close your real estate transaction with ease and an on-time close and fund.
Pamela Climo
www.thelendingcorporation.com (949) 683-7337 pclimo@thelendingcorporation.com
Company NMLS#:2621251
This flyer is a promotional advertisement for loans offered through The Lending Corporation. All loans are subject to credit approval, and the terms are subject to change. THE LENDING CORPORATION NMLS 2621251
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