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014 - Freddie Mac Removed the Age Rule on Asset Depletion Mortgages: What Agents Must Know
Freddie Mac just made that dramatically easier, and most real estate agents haven't heard about it yet. In this episode of the Loan Daddy Podcast I break down the two changes to the asset depletion program ("assets as a basis for repayment"): the 62.5+ age restriction is gone, and the income calculation moved from a 240 divisor to 180, roughly 33% more qualifying income from the same assets. Then I lay out the exact two moves I'd make this week if I were an agent, starting with the buyers already sitting in your database.
⏱ CHAPTERS
0:00 The change that could be worth 1–2 extra deals in 12…
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