Asset Depletion or Asset-Qual Loans are designed for borrowers who have strong liquid assets but may not show enough traditional income on paper. Instead of relying on W-2s or tax returns, lenders calculate your qualifying income based on your available assets, such as savings, investments, or retirement accounts.
This program is ideal for retirees, high-net-worth individuals, and self-employed borrowers who prefer to leverage assets rather than income to qualify for a mortgage.
Retirees, high-net-worth individuals, and self-employed borrowers who have substantial savings, investment portfolios, or retirement funds but lower reportable income benefit most from this program.
Eligible assets typically include cash reserves, savings accounts, investment accounts, stocks, bonds, mutual funds, and sometimes retirement accounts depending on accessibility.
No. Traditional income documents are not required, as lenders rely primarily on your verified assets to determine qualification.
Down payments vary by lender, but many programs start around 20%, depending on your overall financial profile and the type of property.
Have significant assets and want a flexible path to homeownership? Connect with our team to explore Asset Depletion loan options. We’ll review your financial profile, explain your qualifying potential, and guide you toward the solution that best fits your goals.
