ATR in Full & Asset Depletion

ATR in Full & Asset Depletion

Introducing ATR in Full

Qualify with enough Liquid Assets to cover the loan balance! NO MONTHLY INCOME REQUIREMENT!

Highlights:

  • Your Borrower Does NOT have to be currently Employed
  • You Only Need to Show Two Months of the Qualifying Account
  • Up to 75% LTV - Purchase or C/O Refinance
  • Down to 600 Fico Owner-Occupied or Investment property

How It's Calculated:

  • If the total assets cover the loan balance, you’re done!

Asset Depletion

The Most Innovative Asset Depletion Program in the Industry Use 100% of Liquid Assets to cover 5yrs or 60 Months of PITI & Liabilities!

Highlights:

  • Your Borrower Does NOT have to be currently Employed
    • Up to 75% LTV - Purchase or Cash-out Refinance
    • Down to 600 Fico Owner-occupied or Investment
  • This Program can be combined with any other Citadel Income Program!
    • All LTVs - Purchase or Cash-out Refinance
    • Down to a 500 Fico
  • Up to 75% LTV - Purchase or C/O Refinance

Additional Details:

  • You Only Need to Show Two Months of Statements for the Qualifying Account
  • 50% DTI

How It's Calculated:

  • 60 Months Divided by the Total Assets to be Used
  • Ex. $200,000 in Liquid Assets = $3,333 Additional Monthly Income!
  • Letter Of Explanation (LOE) Documenting Source and Contemplated Depletion

Please complete this form to be contacted by an Account Executive: