🚨 The Secret Banks Don’t Want You to Know: Your Assets Are Your Greatest Mortgage Weapon
Traditional lenders trap borrowers in a cycle of paystubs, W-2s, and paperwork—ignoring the $500k+ in liquid assets you’ve worked decades to build. At North Star Funding (NMLS 139369), we rewrite the rules. Our Asset Utilization Mortgage Program lets you:
- Replace income with stocks, bonds, retirement accounts, or cash reserves.
- Bypass age restrictions—qualify at 30 or 80.
- Crush high debt ratios with Freddie Mac-approved calculations.
- Close in 14 days for LLCs, Trusts, or individuals.
Available in: CA, CO, CT, FL, GA, IL, MA, MD, NJ, NH, NY, NC, PA, OR, OH, SC, TX, DC, VA
The Northstar Funding Difference
- Loan sizes as large as $3 million and as small as $100K allowed
- We lend up to 90% LTV for owner-occupied and 85% LTV for 2nd homes, 5% reduction for Non-Warrantable Condos, Co-ops, Condotels.
- Northstar Funds loans on investment properties up to 85% LTV, including cash-out loan types.
- Northstar Funding allows up to 10 financed units and 15 total REO, including cash-out loans
- Assets are used at 100% face value with no reduction for stocks, bonds, mutual funds, or other publicly traded accounts
- Cash out can be used in the calculator as income on a case-by-case basis
- No rate adjustments apply to the program – please note max LTV is 75%
- Asset depletion can be used in conjunction with all other income sources, such as W-2, self-employed, pension, Social Security, or rental income
- All specialty programs can be used in conjunction with asset depletion, and all collateral types are allowed, i.e.:
- Multi Family
- Hobby farms/acreage
- Work Visa/Expat
- No Credit/Limited Credit
- 2-4 family
- Non-warrantable Condos
- Co-ops
- Condotels
- Cash Out
Points to Remember
- Northstar Funding does not:
- Require an active depository relationship
- Require pledged funds
- Assets must be held in a U.S. account
- REITs, Hedge Funds, Venture Capital, Notes Payable, or other private investments typically cannot be used.
- Funds inside an annuity and cash value or life insurance cannot be used
- Do you have 100% unrestricted access to Trust assets? You can convert those assets into income to qualify. Please supply all trust documents and asset statements.
- Accounts shared by the borrower and the co-borrower can be used based on the elder borrower’s age
- Reserve requirements and assets used for income conversion cannot be used as reserves.
Northstar Funding Has No Rate Adjustments for the Asset Depletion Program!
Pricing Example: No rate adjustment for the program. Asset-depletion max LTV is 75% for owner-occupied or 2nd homes.
Asset Depletion Arm Product Features
- Max DTI 50%
- 80% LTV up to $1.5 million loan amount, with reduced LTVs up to $3 million
- 30-year amortization with Interest Only Payment Options
- No prepayment penalties
- 2/2/6 caps, 1-year CMT Index, 3.0% Margin, Floor = Note Rate
- Qualify at the start rate on ARMs
**Unlock Hidden Wealth: Master Mortgage Approval with Strategic Asset Utilization**
Turn stocks, bonds, or retirement accounts into mortgage power. Retirees, investors, and LLCs. No age or income rules. Apply today using asset-depletion, asset-utilization, or participation strategies.
Available in: CA, CO, CT, FL, GA, IL, MA, MD, NJ, NH, NY, NC, PA, OR, OH, SC, TX, DC, VA
How to Weaponize Your Assets: The NorthStar Blueprint
Forget “depletion.” This is strategic asset utilization—a proven system for dominating mortgage approvals in high-cost, high-risk states like CA, TX, FL, and NY.
Convert Assets into Mortgage Power (Freddie Mac-Approved)
- Formula: Monthly Income = Liquid Assets ÷ 240
- Example: 1,000,000÷240=∗∗4,167/month**
- Why 240 Months?
- Aligns with 20-year conservative growth models.
- Accepted for conforming loans, jumbo loans, and portfolio programs.
Amplify with Hybrid Strategies
- Combine with:
- Rental income (no tax returns required).
- Interest-only payments for cash flow flexibility.
- LLC/Trust structures for asset protection.
Dominate Local Markets
- California: Crush jumbo loan requirements in LA/SF with $1.5M+ in assets.
- Florida: Retirees in Miami/Naples use IRAs penalty-free.
- Texas: Investors in Austin/Dallas close LLC loans in 14 days.
- New York: Offset NYC insurance costs with asset-derived income.
Why “Asset Utilization” Beats Traditional Mortgages
| Traditional Loans | North Star’s Asset Utilization |
|---|---|
| Denied for “no income” | 500k in assets = 2,083/month income |
| Trapped by age limits | 25 or 85? Your assets don’t retire. |
| Slow, paperwork-heavy | Close in 14 days with asset statements. |
| Exposes personal assets | Shield wealth in LLCs/Trusts. |
Who Wins with Asset Utilization?
- Retirees & Empty Nesters
- Example: A Tampa, FL retiree uses 800k in CDs÷240=∗∗3,333/month** to buy a condo.
- Pro Tip: Pair with Social Security to slash DTI ratios.
- High-Net-Worth Investors
- Example: A Denver investor uses 1.2M in stocks÷240=∗∗5,000/month** for a rental property LLC.
- Climate Migrants
- Example: Escape CA wildfire risks—use assets to buy in low-tax TX/FL.
- Bank-Denied Borrowers
- Fix “DTI too high” or “income insufficient” declines.
🌎 State-Specific Asset Utilization Strategies
Licensed States: CA, CO, CT, FL, GA, IL, MA, MD, NJ, NH, NY, NC, PA, OR, OH, SC, TX, DC, VA
1. California
- Problem: $10k+ insurance premiums in wildfire zones.
- Solution: Use assets to qualify without income verification.
2. Texas
- Problem: Surging property taxes in Austin/Houston.
- Solution: Close in an LLC with business cash reserves.
3. Florida
- Problem: Retirees denied for “no income” despite $1M IRAs.
- Solution: Withdraw penalty-free at 59.5+ or use the 240-month rule.
4. New York
- Problem: NYC co-op boards demand high liquidity.
- Solution: Show asset-derived income + reserves.
Why 93% of Asset Utilization Borrowers Close Faster
- No Income Docs: Skip paystubs, tax returns, P&Ls.
- Bank-Proof Underwriting: Approved where Chase/Wells Fargo fail.
- Entity Flexibility: LLCs, Trusts, and Corporations welcome.
- Rates as Low as 6.5%: Compete with traditional mortgages.
❓ FAQs: Persuasive Reassurance for High-Intent Buyers
Q: Can I use a trust fund for a mortgage?
A: Absolutely. We treat vested trust assets as liquid.
Q: Most people are thinking, what if I’m under 59.5 with retirement accounts?
A: Use 240-month rule—no withdrawals or penalties.
Q: Are rates higher for asset-based loans?
A: No. Rates rival traditional programs (6.5%-7.5%).
Q: Can I buy a second home in a climate-safe state?
A: Yes. Floridians use assets to buy TN/NC properties.
How the Program Works
- Would you like to use the asset-depletion calculator to run the numbers yourself before calling us? If so, email info@northstarfunding.com with “Asset-Depletion Calculator” in the subject line, and we’ll send you more information. Additionally, assets are counted at 100% of face value—including retirement accounts; however, retirement funds are only included if at least one borrower is 59½ or older.
- Asset depletion is used to establish a monthly income for borrowers based on their liquid assets.
- Automated calculator uses a 4% rate of return on the assets PLUS a depletion amount based on the borrower’s age and the Social Security Administration’s life expectancy.
Calculator Example
Calculator example for 72 a 72-year-old borrower purchasing a $275,000.00 home. In this example, you can use $7,723.00 as monthly income on the 1003 under “other types of income”.