Asset Depreciation

Asset Depreciation mortgages do not require the borrower to sell any assets over the course of the loan or pledge any assets as collateral for the mortgage, so your assets are not restricted after closing. They are a great option for self-employed, retired (or almost retired), and wealthy individuals who have relatively minimal income/no verifiable employment but significant assets. Assets can include funds in the bank and investment/retirement accounts so the assumption of risk is offset by the theory that a borrower’s liquid assets could be sold over time to cover the mortgage.

Program Highlights

Owner-Occupied for Primary or Secondary/Vacation
Eligible Assets Include: *
1. Checking/ Savings Accounts
2. Investment Account with stocks, bonds, mutual funds, ETFs
3. Money Market Account
4. Certificate of Deposit (CD)
5. Retirement accounts (401(k) and IRA)

* The eligible amount to be considered will depend the terms and penalties applied for accessing funds in the borrower’s account

Angel Muniz is the gold standard of lenders.

Look no further than Angel Muniz if you're searching for a mortgage consultant who is not only knowledgeable but will take the time address all your concerns and questions. My realtor, Linda Rodriguez, recommended Angel Muniz. I was very impressed with his approach. He was very personable and thoroughly explained the entire loan process so I knew what to expect. Anytime I needed to reach him, all I had to do was call, email or text and Angel will get back to me as soon as possible if he is unavailable at the moment. Angel also makes sure to follow up with me to see if I had any needs or questions. Communication is key! With Angel, it feels like talking to a friend rather than a random agent who looks at me just like another number. Towards the end of my loan process, I secured a home insurance policy on my own only to find out Angel already took care of that tedious detail with a lower price! Now that is service. Angel is always in the background working to ensure the loan process goes smoothly. I highly recommend Angel Muniz for any home loan needs.

Best in the biz

As a real estate agent and attorney, there is no one else I refer clients, friends, or family to and I just used Greg for my own home purchase. He is knowledgeable, approachable, kind, and goes above and beyond for all his clients. He makes you feel like you are family and that he has all the time in the world to help you. Greg is exceptional and extremely professional. There is no one else to use!

THE BEST!!!!

Greg is INCREDIBLE!!!! Cannot recommend Greg enough, I will be sending all my friends and family to him! He is attentive, timely, responsible, willing to answer questions or concerns at ANY time with a quick response! We are first time home buyers and Greg has made this processes a pleasant one! We had our mind at ease because we knew we were in good hands with Greg and his team. I cannot say enough good things or thank them enough for everything they have done for us! We are so thankful we were able to get our first home because of Greg!!! Thank you!

Asset Depreciation

Angel Muniz is the gold standard of lenders.

Professionalism and Responsiveness,

Mario is an excellent loan officer 👏

Best in the biz

THE BEST!!!!