Asset Depletion Financing: Turn Your Cash and Stocks Into Fast Mortgage Approvals
Stop letting write-offs hold you back. Asset Depletion Loans let high-net-worth individuals and retirees convert their liquid assets — stocks, bonds, savings, and retirement accounts — into qualifying mortgage income. No W-2s. No business returns. No obstacles.
No credit impact to explore your options.
The Tax-Return Trap That Blocks Wealthy Borrowers
Traditional mortgage underwriting was built for salaried employees — people with predictable W-2 income and minimal deductions. But if you're self-employed, a business owner, or a retiree, the same financial discipline that built your wealth works against you at the bank.
Every legitimate business expense you deduct reduces your taxable income — and lenders use taxable income, not gross earnings, to assess your ability to repay. The result? Your tax returns show far less than what you actually earn, generate, or hold.
Asset Depletion Loans solve this by changing the question entirely. Instead of asking "How much did you earn last year?" — we ask "How much do you have?"
Write-Offs Hurt You
Deductions that lower your tax bill simultaneously shrink the income lenders see — disqualifying you from loans you can clearly afford.
Irregular Income Cycles
Commissions, distributions, or variable business income that fluctuates year-to-year rarely tells the full story of your financial strength.
Retirees Face the Same Wall
Even with millions saved, retirees drawing minimal distributions are often denied because lenders look for active income — not accumulated wealth.
The Solution Exists
Asset Depletion underwriting is specifically designed for people with substantial net worth — recognizing what conventional loans refuse to see.
Turning Assets Into Qualifying Income: The Method Explained
Asset Depletion is a lender-recognized underwriting methodology that converts your total liquid and investable assets into a calculated monthly income figure — without requiring you to actually liquidate or withdraw anything.
Document Your Eligible Assets
Provide statements for qualifying accounts: checking, savings, brokerage accounts, stocks, bonds, mutual funds, money market funds, and eligible retirement accounts (typically at 60–70% of their value).
Calculate Total Eligible Asset Pool
The lender totals your eligible assets, applies any applicable discounts (retirement accounts are typically reduced to account for early-withdrawal penalties if applicable), and subtracts the required down payment and reserves.
Divide by the Loan Term
The remaining eligible asset total is divided by the loan term in months — typically 360 months for a 30-year mortgage. This produces a calculated monthly income figure used for DTI (debt-to-income) qualification.
Example Calculation
$2,160,000 eligible assets
÷ 360 months
= $6,000/month qualifying income
Qualify Based on That Income
The calculated monthly income is used exactly like traditional earned income in the DTI calculation. Combined with your credit profile and the property details, this determines your maximum loan amount — with no tax returns required.
Built for Borrowers Whose Wealth Speaks Louder Than Their Taxes
Asset Depletion Loans are structured for people who have done everything right — saved diligently, invested strategically, and built real wealth. Here's what the program delivers.
No Tax Returns Required
Qualify without providing federal income tax returns. Your write-offs are no longer a liability in the underwriting process.
Liquid Assets Count as Income
Stocks, bonds, savings, money market funds, and brokerage accounts are all eligible — you keep your investments intact while they work for your qualification.
Retirement Accounts Eligible
IRAs, 401(k)s, and SEP-IRAs can be counted at 60–70% of their value, making decades of retirement savings a direct path to mortgage qualification.
Ideal for Retirees
No employment required. Retirees living on distributions or investment withdrawals can use their full asset portfolio to establish qualifying income.
High-Net-Worth Friendly
Designed for borrowers with significant accumulated wealth. The more assets you hold, the higher your calculated income — and the more home you can qualify for.
No Liquidation Required
Your assets are used mathematically to establish income — you never have to sell investments or close accounts to qualify. Your portfolio stays invested.
Do You Qualify? Here's What Lenders Look For
Asset Depletion Loans have straightforward qualification criteria. While requirements vary by lender and loan structure, most programs share the following benchmarks.
Check My Eligibility NowMinimum Credit Score: 620–680+
Most programs require a minimum 620 credit score; better rates available at 700+.
Sufficient Liquid Assets After Closing
After down payment and closing costs, remaining eligible assets must be enough to generate the income needed to qualify at your target loan amount.
Down Payment: Typically 20–30%
Most asset depletion programs are offered as non-QM (non-qualified mortgage) products, requiring a larger down payment than conventional loans.
Documented Asset Statements (2–3 Months)
Recent account statements from all eligible accounts — brokerage, savings, retirement — must be provided to verify the asset pool.
Eligible Asset Types
Checking, savings, money market, brokerage accounts, stocks, bonds, mutual funds, ETFs, and retirement accounts (IRA, 401k, SEP-IRA at 60–70% of value).
Debt-to-Income Ratio (DTI): Typically 43–50%
The calculated asset income is used to compute DTI. Most programs allow up to 43–50% DTI depending on the lender and overall file strength.
Primary, Second Home, or Investment Property
Asset depletion underwriting is available for primary residences, vacation homes, and investment properties depending on program guidelines.
Ineligible Assets
Business accounts, illiquid assets (real estate equity, private equity), vested stock options with restrictions, and assets held in irrevocable trusts typically do not qualify.
Frequently Asked Questions About Asset Depletion Loans
Qualify using your assets, not your income — financing built for retirees and high-net-worth borrowers.
An Asset Depletion Loan — also called an Asset Dissipation Loan — is a non-traditional mortgage product that allows lenders to qualify borrowers using their total liquid assets instead of, or in addition to, traditional employment income. Your assets are divided by the loan term to produce a calculated monthly income used in underwriting. No paychecks, no W-2s, no tax returns required.
No. Your assets are used mathematically to calculate a qualifying income figure. You are never required to sell investments, close accounts, or make withdrawals as a condition of approval. Your portfolio remains fully invested throughout the process.
Traditional IRAs, Roth IRAs, 401(k)s, 403(b)s, and SEP-IRAs are typically eligible. However, because they may carry early-withdrawal penalties or tax implications, most lenders count them at 60–70% of their stated balance. If you are already 59½ or older, some lenders will credit a higher percentage. Vested, non-restricted accounts are generally eligible; restricted or locked accounts are not.
Most asset depletion programs require a minimum credit score of 620, though lenders who offer more favorable terms — higher LTVs, lower rates — typically look for 700 or above. A stronger credit profile combined with a substantial asset pool generally yields the best loan terms.
Loan amounts depend on your calculated monthly income (total eligible assets ÷ loan term), your DTI ratio, credit score, down payment, and the property value. Many asset depletion programs are offered as jumbo or non-QM products and can accommodate loan amounts from $500,000 to several million dollars, making them well-suited for high-value purchases.
Because most asset depletion loans are non-QM (non-qualified mortgage) products, their rates are typically 0.50–1.50% above conventional mortgage rates, reflecting the additional underwriting flexibility. However, for many borrowers, qualifying for a home they couldn't otherwise obtain — or avoiding forced liquidation of appreciating assets — far outweighs a modest rate premium. Exact rates depend on your profile and current market conditions.
Yes. Many lenders allow borrowers to combine their calculated asset depletion income with other documented income sources — such as Social Security, rental income, part-time employment income, or pension distributions — to strengthen the overall qualification picture and potentially achieve better loan terms.
Yes, many programs accommodate primary residences, second homes, and investment properties. Requirements may differ — investment property programs typically require a larger down payment (25–30%) and slightly higher credit scores. Reach out to discuss which property types your specific asset profile best supports.
Asset depletion loans qualify borrowers using liquid assets rather than traditional income documentation, with calculation methods and terms that vary by lender. Consult a licensed mortgage professional to review current asset depletion guidelines and confirm the right fit for your financial situation.
Calculate My Qualifying IncomeYou've Built the Wealth. Let's Make It Work for Your Mortgage
Share a few details about your situation and we'll calculate your estimated qualifying income, review your asset profile, and tell you exactly where you stand — with no obligation and no credit pull required to start.
Receive your estimated qualifying income calculation within 24 hours
No tax returns, no W-2s, and no credit impact to explore your options
Speak directly with a loan officer who specializes in asset-based qualification