SETTING THE INDUSTRY STANDARD
Asset Depletion Mortgage
Turn wealth into qualifying income. An asset depletion loan lets high-net-worth borrowers and retirees qualify using liquid assets instead of employment income,
no tax returns, pay stubs, or job verification required.
Best of all, the assets remain untouched, never needing to be liquidated or pledged.
What Is an Asset Depletion Mortgage?
An asset depletion mortgage qualifies borrowers on assets rather than income, with no minimum asset total required. On Prime Plus you can stack the asset depletion with W2 or bank statement income, and divide assets by an industry best 36-months.
Why Brokers
Choose Castor
For Asset Depletion
No Minimum Asset Total
PRIME PLUS
Most lenders set a floor before they will even look at an asset depletion file. Castor does not, which means smaller balance sheets still qualify on their merits.
Generous Haircuts
PRIME PLUS
100% of checking and savings, 70% of stocks and bonds, and 100% of retirement accounts for borrowers 59.5 and older rather than the usual 70%.
Stack Income
PRIME PLUS
Stack asset depletion on top of the borrower's W2 or bank statement income and eligible assets divide over 36 months.
Any Occupancy, Cash-out.
PRIME PLUS
Asset depletion is not restricted to primary residences here, and cash-out transactions are permitted rather than carved out.​
Program Name | Loan Amount | Min FICO | Max LTV | Residency |
|---|---|---|---|---|
Prime PLUS | $3,500,000 | 660 | 80 | Primary, Second, Investment |
Prime | $3,000,000 | 660 | 80 | Primary, Second, Investment |