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.
If you've saved diligently but no longer have W-2 income, asset depletion lets you qualify using what you've built.
You don't need to liquidate assets — they're simply used to calculate qualifying income.
High-net-worth borrowers can finance luxury properties and second homes without employment income.
IRAs and 401(k)s (with a haircut for taxes) can be included in asset calculations.
No need to document employment history or business income — just asset statements.
Asset depletion can be used for investment property financing alongside DSCR income.
Get answers to common questions about asset depletion loans.
Lenders divide your eligible assets by the loan term (in months) to calculate a monthly income figure. For example, $1.2M in assets divided by 360 months = $3,333/month in qualifying income.
Checking and savings accounts, investment accounts (stocks, bonds, mutual funds), and retirement accounts (with a discount for taxes) all qualify. Real estate equity typically does not count.
No. You don't need to withdraw or liquidate anything. The assets are simply documented and used to calculate qualifying income.
Yes. Asset depletion income can be combined with Social Security, pension income, rental income, or any other documented income source.
Most programs require a minimum 700 credit score, with the best terms available at 720+.
Q Home Loans specializes in asset depletion loans for homebuyers in Washington, Idaho, and the Pacific Northwest.