Asset Depletion – Approving Retired Clients Based on Assets

Asset Depletion is an often misunderstood and seemingly rarely known way of approving a borrower of retirement age to purchase a primary or secondary home. It does not necessarily mean depleting your assets but rather showing income as if you were. Whether you need to or not is up to you. Call 910-250-8888 today for more information on this topic or any other!

As always, if you have questions about mortgage guidelines, terms or rates please call/text me at 910-250-8888. I proudly serve the Wilmington, Leland, Hampstead, Jacksonville, Southport areas and am licensed in all of North & South Carolina and Virginia!
apply online: www.JoeyMilam.com
call/text 910-250-8888