To help personalise content, tailor and measure adverts and provide a safer experience, we use cookies. By clicking on or navigating the site, you agree to allow us to collect information on and off Citadel Servicing Corporation through cookies. To learn more, please read our updated Privacy Poilicy and Cookie Policy.

Accept

CSC's ATR in Full and 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