Mortgage broker smiling, talking to a client about Non-QM loan options and the Ability-to-Repay (ATR) Rule.

If you are a self-employed business owner or a real estate investor in the Denver metro area, you may have found your perfect mortgage solution in the world of Non-QM loans. They offer the flexibility you need to qualify without W-2s or conventional income documents. However, the term “Non-QM” sometimes raises a red flag for…

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Asset depletion formula used to calculate qualifying income for a mortgage using investment assets

The asset depletion formula is used by lenders to convert verified assets into a qualifying monthly income for mortgage approval. This approach is helpful for retirees, early retirees, and borrowers with strong assets but limited traditional income. What many buyers do not realize is that asset depletion calculations are allowed not only in Non-QM lending,…

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