Asset Depletion Loan Retiree 2027
Calculate asset depletion loan 2027 — retirees use portfolio (not income) for qualification. Annualized 70-80% of liquid assets / 360 months.
Loan Type Overview
Specialty loan programs serve borrowers who don't fit conventional underwriting. Higher rates but flexible qualification.
2027 Market
Non-QM market growing as W-2 employment shrinks (gig economy, freelance). Demand for flexible programs rising.
Underwriting Differences
Conventional: 2 yrs W-2, tax returns, DTI < 50%. Specialty: alternative docs (bank statements, assets, P&L), 25%+ down, higher rates.
Best Strategy
Negotiate rate down with 25-30% down. Larger down = lender risk reduced = lower rate. Build relationships with non-QM specialists.
Source: fanniemae.com Selling Guide B3-3.1-09, freddiemac.com asset-based qualification. Last updated: May 2026.
Frequently Asked Questions
Always higher rate?
Yes — 0.5-2% above conventional. Lender risk premium. Worth paying if conventional impossible.
Can refi later?
Yes once you can document income to conventional standards. Common path: non-QM purchase → refi to conventional in 2-3 years.
Down payment?
Higher minimum: 20-30% typical. Larger down may waive PMI or reduce rate.