Asset-based qualification: put your resources in context.

Start with what you hold

Retired, living from investments or recently sold a business? Luke can discuss asset utilization or depletion options for owner-occupied and eligible business-purpose financing.

Outline the kinds of assets you hold and your financing goal. An account balance alone does not establish the amount of income a lender will use or the loan it will offer.

Ask how the specific program treats assets

Discuss ownership, access to the funds and what you expect to use for the down payment, closing costs and reserves. Ask whether the account type is eligible and what documentation is required.

Different programs may treat assets differently. A generic divisor or percentage from an online calculator should not be presented as your verified qualifying income.

Keep your broader plans visible

Explain the liquidity you want to preserve and whether the financing would change how you use your accounts. A financing discussion can identify questions to work through with your own financial or tax professional before you make account changes.

• Property use and purchase, refinance or equity goal
• Account types and approximate amounts available to discuss
• Ownership or withdrawal restrictions you know about
• Funds you intend to keep available after closing