Asset Dissipation Loan   

It is a type of loan when a lender considers assets instead of only their income. The lender uses the borrower’s assets to calculate the loan term. The borrower dissipates or sells off their assets to make loan payments. It is useful for anyone with a low employment income.   

For instance, a retiree with $500,000 in investments but $2000 in employment income can get a mortgage with an asset dissipation loan. 

Subscribe to our weekly newsletter

We promise we won't bore you with the accounting stuff.

Subscribe