Asset income

Last updated: October 5, 2026

CURRENT RULE

Freddie Mac Bulletin 2026-10 modernizes the asset-depletion formula, effective for mortgages settled on or after Feb 3, 2027 (sellers may comply sooner). Qualifying assets are now divided by 180 months instead of 240, with a $30,000 minimum income result replacing the old 100% net-depletion rule. Assets can now also count toward LPA’s Accept findings.

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Retired or asset-rich but income-light? Freddie’s new math counts your savings more generously, so let’s run your numbers the new way.

DON’T MESS UP

The math must clear $30,000 annual income. Below that, the old net-depletion rules still apply.
Not every lender adopted it on day one. Confirm before you quote.
Check the current Freddie guidelines for the eligible-asset list. It changed in the bulletin.

OFFICIAL SOURCES

Freddie Mac Bulletin 2026-10

Part of the GTG LO Library. Confirm the current rule with your lender before quoting.