Your wealth qualifies
you. Let's use it.
Asset depletion converts eligible investment portfolios, retirement accounts, and liquid assets into calculated qualifying monthly income for eligible borrowers. Employment income may not be required under eligible asset-based programs, subject to lender guidelines.
Significant net worth. Limited documented income.
Turn net worth
into qualifying income.
Asset depletion — also called asset dissipation or asset utilization — is a method of calculating qualifying income by spreading eligible assets over a set term. Instead of asking "what do you earn?", the lender asks "what do you have?"
Assets generally do not need to be liquidated — they may stay invested. The value is used to document capacity to repay the loan, subject to the selected lender's verification, ownership, and reserve requirements. Retirement accounts are typically discounted to account for taxes and penalties; liquid brokerage accounts may count at a higher rate, depending on the lender.
Asset depletion differs from an asset qualifier program: asset depletion converts eligible assets into calculated monthly qualifying income, while an asset qualifier program relies on a separate asset-based eligibility framework that may not calculate monthly income in the same way. Eligible asset-derived income may also be combined with other income types — such as rental income, Social Security, pension, or part-time consulting — when the selected lender and program permit it.
Asset documentation
Recent account statements and supporting records are reviewed according to the selected lender's asset-verification requirements.
Eligible asset calculation
Alex calculates eligible assets by account type — applying appropriate discount factors for retirement accounts and illiquid assets.
Income conversion
Eligible assets divided by the selected lender's loan term yields a monthly qualifying income figure. Combined with any other income sources.
Lender matching
Asset depletion guidelines vary significantly by lender. We identify which wholesale lender's methodology produces the strongest qualifying income for your specific asset mix.
Preliminary analysis
Alex runs the numbers and provides a preliminary assessment of your qualifying scenario before you put in an offer or commit to a timeline. Timing varies by file.
What counts — and how much.
Discount factors vary by lender and program. These are representative ranges — Alex will calculate your specific eligible amount.
Checking & Savings
Liquid bank accounts. Most accessible asset type for qualifying purposes.
Brokerage Accounts
Taxable investment accounts — stocks, bonds, ETFs, mutual funds. Must be liquidatable.
401(k) / IRA / Retirement
Pre-tax retirement accounts. Discounted to account for early withdrawal taxes and penalties where applicable.
Vested Stock Options
Vested but unexercised stock options may be included at current intrinsic value depending on lender and documentation.
Trust Accounts
Assets held in revocable or irrevocable trusts — with appropriate trust documentation confirming access and control.
Combined with Other Income
Social Security, pension, rental income, part-time consulting — all can be combined with asset depletion to maximize qualifying power.
Program DetailsWhat to expect.
Minimum Assets
- Minimum eligible assets vary by lender, loan amount, occupancy, asset type, reserves, documentation, and other underwriting factors. No universal minimum applies across all available programs.
- Higher loan amounts require proportionally larger asset base
- Post-closing reserves counted separately
Loan Amounts
- Conventional to conforming limit
- Jumbo asset depletion loan amounts vary by lender and eligible asset base
Documentation
- Recent account statements and supporting records reviewed per the selected lender's requirements
- Proof of ownership and access
- Trust documents if applicable
- Tax returns may not be required for income qualification under eligible programs
Credit Requirements
- Credit score requirements vary by lender and program
- Employment income may not be required under eligible asset-based programs
- Reserves required in addition to qualifying assets
Property Types
- Primary residence
- Second home / vacation property
- Investment property (select programs)
Down Payment
- Down payment requirements vary by lender and loan size
- Sourced from documented liquid assets
- Gift funds may be acceptable on select programs
Program guidelines vary by lender and are subject to change. All loans subject to underwriting and lender approval. Not a commitment to lend.
Frequently Asked Questions
Have questions about this program?
Alex reviews every file personally. Schedule a call and get direct answers.
Your assets built your wealth.
Now let them work harder.
Send Alex your account statements for a preliminary assessment of your qualifying scenario and available options across our wholesale lenders.