Solutions
Asset-Depletion & Asset-Based Loans
When your wealth is in your accounts rather than your paycheck, your assets can qualify you.
Some of the strongest borrowers in the country have modest documented income and substantial wealth — retirees, investors, those between liquidity events. Asset-depletion lending qualifies them on what they have rather than what they earn.
How it works
The lender takes your qualifying liquid assets and converts them into a theoretical monthly income stream over a set period. That calculated income is then used to qualify you — no salary required. Your balance sheet does the talking.
Who it serves
- Retirees living on investments rather than a paycheck.
- Entrepreneurs whose wealth is real but whose income is lumpy.
- High-net-worth buyers who simply do not draw a large salary.
- Anyone whose accounts tell a truer story than their tax return.
Pro tip
If your wealth is in investment and retirement accounts, bring the statements and ask about asset-based qualification before you try to manufacture a salary. The right program can turn a strong balance sheet directly into an approval.
Best fit: asset-rich, income-light borrowers — especially retirees and entrepreneurs — who have been told they ‘do not show enough income.’
Common questions
Can I qualify for a mortgage with no job?
Possibly, through asset-based lending. If you hold substantial liquid assets, a lender can convert them into qualifying income without employment. It is a common path for retirees and the financially independent.
Which assets count?
Generally liquid and near-liquid accounts — savings, investments and often a portion of retirement funds. The exact treatment varies by program, so bring your statements and we will calculate your qualifying figure.