No employment
or income docs required

$3M portfolio
= $8,333/mo qualifying income

680+
minimum credit score

Up to $3M+
loan amounts

Who Asset Depletion Loans Serve

• Retirees living on investment accounts and savings
• Executives with large stock portfolios or deferred compensation
• Business owners who have sold their business and are asset-rich
• Wealthy individuals between jobs or in career transitions
• High-net-worth borrowers with concentrated holdings or trusts
• Anyone who qualifies on net worth but not on W-2 income

How Asset Depletion Works

• Formula: Eligible Assets ÷ 360 months = Qualifying Monthly Income
• Example: $3,000,000 in assets = $8,333/month qualifying income
• Eligible assets: brokerage accounts, IRA/401(k), savings, money market, CDs
• Retirement accounts: typically counted at 60–70% of value
• Joint assets can be included with a co-borrower
• Assets must be documented with current statements

Assets That Qualify (Typical)

• Checking and savings accounts (100% of balance)
• Brokerage and investment accounts (100%)
• Money market accounts and CDs (100%)
• IRA and 401(k) accounts (60–70% of balance)
• Vested pension and deferred compensation
• Trust assets (with documentation of access)

Loan Parameters

• Minimum 680 credit score (720+ for best terms)
• Assets must remain post-closing (reserves required)
• Loan amounts up to $3M+ (jumbo available)
• Primary residence, second home, or investment property
• Down payment from 20–30% depending on loan amount
• Asset statements from the last 60 days required

Do I need to actually spend down my assets to qualify?
No. Asset depletion is a calculation method, not a spending plan. You don’t withdraw or spend the assets — the lender simply uses the formula to create a qualifying income figure on paper.

Can I use retirement accounts like an IRA or 401(k)?
Yes, but retirement accounts are typically counted at 60–70% of their balance to account for early withdrawal taxes and penalties. Even so, large retirement accounts can generate significant qualifying income.

What if I have income from dividends and interest?
Dividend and interest income can be added on top of asset depletion income for qualification. This is common for retirees — combining investment income with the asset depletion formula often produces a strong qualification.

Can I combine asset depletion with other income types?
Yes. Asset depletion is often combined with Social Security income, pension income, rental income, or part-time employment income to reach a higher qualifying number.

Is there a minimum asset balance required?
Programs vary. In general, you need enough assets to generate qualifying income sufficient to support the debt-to-income requirement. For most purchase scenarios, $1M+ in assets is a reasonable starting point.

Do the assets need to be in my name alone?
Not necessarily. Joint account assets can often be included if your co-borrower is also on the loan. Trust assets can qualify with proper documentation showing your access and control.