Asset Depletion
"Your wealth is your income."
Qualify based on your liquid assets instead of income. We 'deplete' your assets over the loan term to calculate qualifying income. Perfect for retirees and high-net-worth individuals.
20%+
Min Down
700+
Min Credit
$5M
Max Loan
Is This Loan Right for You?
This Loan is Perfect If You...
- Retired with significant liquid assets
- High-net-worth with investments
- Trust beneficiary
- Don't want to show traditional income
- 700+ credit score
This Might NOT Be Right If...
- Assets are primarily illiquid (real estate, business)
- Need assets for other purposes
- Credit below 700
- Less than 20% down payment available
Asset Depletion Benefits
Everything you need to know about your benefits
Use Your Wealth
Qualify based on liquid assets, not employment income. Your investments work for you.
No Employment Required
Retirement or unemployment doesn't disqualify you. Assets speak louder than paychecks.
Simple Formula
Total eligible assets divided by loan term equals your qualifying monthly income.
Up to $5 Million
High loan amounts available for borrowers with substantial investment portfolios.
Keep Your Investments
No need to liquidate. We use assets for qualification only—you keep everything.
Flexible Terms
Choose the loan term that maximizes your qualifying income and fits your goals.
How It Works
Your path to homeownership in just a few simple steps
Calculate Your Liquid Assets
We total up your checking, savings, brokerage, and eligible retirement accounts.
Apply Eligibility Percentages
Liquid accounts count at 100%, retirement accounts at 60-70% if you're 59½+.
Divide by Loan Term
Total eligible assets ÷ 360 months = your monthly qualifying income.
Qualify Without Income Docs
Use calculated income for DTI. No tax returns, pay stubs, or employment verification.
Calculate Your Liquid Assets
We total up your checking, savings, brokerage, and eligible retirement accounts.
Apply Eligibility Percentages
Liquid accounts count at 100%, retirement accounts at 60-70% if you're 59½+.
Divide by Loan Term
Total eligible assets ÷ 360 months = your monthly qualifying income.
Qualify Without Income Docs
Use calculated income for DTI. No tax returns, pay stubs, or employment verification.
How Asset Depletion Works
The Calculation
Total Liquid Assets ÷ Loan Term (months) = Monthly Income
We divide your eligible assets by the loan term to calculate your qualifying monthly income.
Example Calculation
Asset Eligibility
100% Eligible
- Checking & savings accounts
- Brokerage accounts (stocks, bonds)
- Mutual funds
- Money market accounts
Partially Eligible
- Retirement accounts (IRA, 401k)
- Must be age 59½ or older
- Reduced for potential taxes
Not Eligible
- Real estate equity
- Business ownership value
- Cryptocurrency (most lenders)
- Collectibles & art
Asset Depletion vs Traditional Income
| Requirement | Asset Depletion(This loan) | Traditional |
|---|---|---|
| Employment Required | No | Yes |
| Income Documentation | None | Tax returns, pay stubs |
| What Qualifies You | Liquid assets | Employment income |
| Min Credit Score | 700+ | 620+ |
| Down Payment | 20%+ | 3-5%+ |
| Best For | Retirees, HNW | W-2 employees |
* Rates and terms subject to change. Contact us for current offers.
Frequently Asked Questions
Common questions about Asset Depletion
Last updated:
How is asset depletion income calculated?
We divide your total eligible liquid assets by the loan term in months. For a 30-year loan, we divide by 360 months. Example: $1,200,000 ÷ 360 = $3,333/month qualifying income.
What assets count at 100%?
Checking accounts, savings accounts, brokerage accounts (stocks, bonds, mutual funds), and money market accounts count at 100% of their value.
Can I use retirement accounts?
Yes, if you're 59½ or older. Retirement accounts (IRA, 401k) typically count at 60-70% of their value to account for potential taxes upon withdrawal.
- No! We use the assets for qualification only. You keep your investments and don't need to sell anything. The 'depletion' is just a calculation method.
- We can combine eligible assets at their respective percentages. For example, $500k in brokerage (100%) + $300k in IRA (70%) = $710k total qualifying assets.
- No employment verification is needed. This loan is specifically designed for retirees, trust beneficiaries, and those with significant assets but no traditional income.
Get Rate Drop Alerts
We'll notify you instantly when rates drop to your target.
Let Your Wealth Work For You
Get pre-qualified in 15 minutes
Or call us directly: (757) 558-2603