Asset Depletion Mortgages: A Smart Financing Option for High-Net-Worth Borrowers
What is an Asset Depletion Mortgage? An asset depletion mortgage is a unique type of loan that allows borrowers to qualify based on their liquid assets rather than traditional income. This financing option is especially useful for retirees, self-employed individuals, and high-net-worth borrowers who have substantial assets but limited verifiable income. For example, some retirees […]
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