1st Florida Lending
When Banks Say No ! We Say Yes !
ASSET DEPLETION LOANS

Are you Cash Rich, but Monthly Income Challenged? 

You may qualify for our Asset Depletion Loan Option   

•No tax returns required
•Net assets divided by 60 = monthly income 
•Up to 50% DTI
•Loan amounts up to $7,000,000 or more
•100 % of retirement assets is OK
•You can use other documented income in addition to asset depletion income to qualify!!

Asset depletion is a calculation where a borrower's liquid assets determine a qualifying monthly income and loan amount.  Liquid assets generally include checking, savings, or stock investments etc. that could easily liquidated or turned into cash. 

CLICK HERE TO REQUEST A RATE AND TERM QUOTE?

We do not pull your credit to provide you with a proposed rate and term.   

 


        
2151 Consulate Dr., Suite 8, Orlando, Florida, 32837, United States
1-407-300-2558
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