Many asset depletion Non-QM programs start in the mid-600s. See how credit affects LTV, pricing, and Indiana approvals.
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Asset Depletion Loans
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Many asset depletion Non-QM programs start in the mid-600s — with stronger scores unlocking better pricing, higher LTVs, and more investor choices.
Asset depletion replaces traditional income documentation — it does not erase credit risk. Investors still set FICO floors and price bands by score, occupancy, and loan purpose.
A mid-600s score may clear eligibility on a primary purchase with strong assets and equity. Cash-out, second homes, or higher LTVs often need stronger credit or deeper reserves.
Ryan & Steve pull credit early, map you to the right investor tier, and flag quick wins (utilization, authorized users, disputed items) when a few points change pricing.
Guidelines vary by investor, credit, and loan amount. This overview is educational — your file is reviewed against current product rules.
Credit influences more than a yes/no decision.
We look at representative score, tradeline depth, recent payment history, collections, and inquiries — then match overlays for purchase vs. refinance and primary vs. second home.
If a short pause would lift you into a better pricing tier, we say so before you lock a contract timeline.
Credit review checklist
— Tri-merge credit / representative FICO
— Mortgage and installment payment history
— Collections, charge-offs, and disputes
— Occupancy and loan-purpose overlays
Related asset depletion guides and Non-QM resources from Ryan & Steve.
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Ryan & Steve will map your FICO against current Non-QM overlays for purchase, refinance, and second-home goals.