Qualifying Income Tool

Income-qualification methods, forward and reverse

Loan type

Forward Mortgage Reverse Mortgage (HECM)

What do you want to calculate?

Balance Needed Qualifying Income

Lump Sum Balance

Annual qualifying income needed

Asset depletion divisor

Money being converted for the structured strategy

Pre-tax money Post-tax money Mix of both

Pre-tax balance

Post-tax balance

Client's current age

Age must be between 0 and 89

Down payment funded from this balance

Closing costs funded from this balance

Structured strategy terms

Annual payout rate12%

Payout term10 years

These terms are fixed to reflect the standard structure. Not editable.

Asset Depletion

Standard underwriting fallback

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Structured Income Strategy

Documented income under agency guidelines

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Structured Strategy vs. Asset Depletion —

Structured strategy reflects documented annuity income under Fannie/Freddie guidelines: 12% payout over 10 years, 25% gross-up on post-tax portion. Mixed funding draws down payment/closing from post-tax first.

Why loan officers work with us

Turns a stuck, asset-rich file into a closing, often at 4-6x the income asset depletion alone produces
Real documented income under agency guidelines, not a formula estimate

Qualifying Income Tool

Why loan officers work with us

Tell us about your client