When you have the savings but not the paystub.
An asset depletion loan lets you qualify by converting your liquid assets — savings, brokerage, and retirement accounts — into a monthly income figure. It's a good fit when your bank balance tells a stronger story than your income statement. We'll explain exactly how lenders count your assets, in English or Spanish.
Who this is for
- Retirees living off savings and investments rather than a paycheck
- Self-employed buyers with strong assets but variable income
- Buyers who recently sold a business or property and are sitting on cash
- Anyone whose net worth is high but whose monthly income looks low on paper
How it works
Add up your eligible assets
We look at your savings, brokerage, and retirement accounts. Lenders count different account types differently, and we explain which ones help your case.
Convert assets to income
The lender divides your qualifying assets over a set number of months to create a monthly income figure. We show you that math before you apply.
Match you to the right lender
Asset depletion rules vary widely, so we compare lenders to find the one that counts your assets most favorably.
Close with confidence
We handle the documentation and underwriting and keep the process moving until you sign.
Your assets do the talking
Strong savings and investments can qualify you even when monthly income is modest.
Fewer income hoops
No need to prove a steady paycheck — the focus is on what you've already built.
Lender-by-lender comparison
We find the program that counts the largest share of your assets toward qualifying.
Explained in plain language
Asset math can get confusing fast — we walk through every number with you, in English or Spanish.
Today’s sample rates
Common questions
How does an asset depletion loan work?
The lender takes your eligible liquid assets — things like savings, brokerage, and retirement accounts — and spreads them over a set number of months to create a monthly income figure. That figure is what you qualify on, instead of (or alongside) traditional income.
Do I have to cash out my accounts?
No. Your money stays where it is. The lender only uses the balances on paper to calculate qualifying income — you're not required to withdraw or spend anything.
Which accounts count?
Savings, checking, and brokerage accounts usually count in full, while retirement accounts are often counted at a percentage and may depend on your situation. We'll review your specific accounts and explain how each one is treated.
Is this only for retirees?
Not at all. Retirees use it often, but it also fits self-employed buyers, recent business sellers, and anyone with substantial assets and a modest paper income.
What property types can I use asset-depletion qualifying for?
Asset-depletion qualifying can be used on single-family homes, condos, townhomes, and 2–4 unit properties — for a primary home, a second home, or in some cases an investment property. The property type affects the down payment and rate more than the income method does. We'll match the right lender to both your assets and the home you want.
Is asset depletion a non-QM loan?
Yes — asset depletion is a non-QM program, because your income is calculated from your assets instead of pay stubs or tax returns. Non-QM doesn't mean loosely reviewed; the lender still documents your assets thoroughly, checks your credit, and confirms the numbers work — it just uses a different rulebook than Fannie Mae and Freddie Mac.