Asset depletion loans are specialty mortgage programs that allow borrowers to qualify using liquid assets rather than traditional employment income. Instead of W-2s or tax returns, qualification is based on your existing savings, investments, retirement accounts, and other liquid assets — divided over a set period to establish a monthly qualifying "income." This is ideal for retirees, high-net-worth individuals, and others with substantial assets but limited traditional income documentation. Contact Q Home Loans to discuss your asset portfolio.
Qualify without a job, W-2s, or traditional income. Your assets speak for themselves.
Perfect for retirees living on savings and investments. Your nest egg becomes your qualifying income.
Checking, savings, investment accounts, retirement funds, and other liquid assets may all count toward qualification.
Asset depletion programs can finance primary residences and second homes. Contact us for current property eligibility.
For borrowers with significant wealth but complex or minimal income documentation, asset depletion bridges the gap.
We'll review your complete asset portfolio and show you exactly how much qualifying income your assets generate.
Asset depletion loans work by converting your liquid assets into a calculated monthly income figure. The lender takes your total eligible assets, subtracts any required down payment and closing costs, then divides the remaining amount by a set number of months (typically 360 for a 30-year loan). This calculated monthly figure becomes your qualifying income. For example, if you have $1,000,000 in eligible assets after down payment, the lender would calculate $1,000,000 ÷ 360 = $2,778 per month in qualifying income. This income is then used to determine your debt-to-income ratio and loan eligibility, just like traditional income verification.
Individuals who have retired from traditional employment but have substantial savings and investment portfolios.
Wealthy individuals whose income may not reflect their true financial capacity due to investments and passive income.
Entrepreneurs who reinvest profits into their business and show minimal personal income on tax returns.
Individuals with significant inherited wealth or trust fund assets but limited traditional employment income.
Get answers to common questions about asset depletion loans.
Explore other financing options that may fit your situation.
Q Home Loans specializes in asset depletion loans for homebuyers and investors in Washington. Get expert guidance and competitive rates.