Asset Depletion Loans | High-Net-Worth Mortgage | GT Home Lending | NMLS# 2832362
High-Net-Worth Borrowers · Retirees · No W-2 Required · NMLS# 2832362

Your wealth qualifies
you. Let's use it.

Asset depletion converts your investment portfolio, retirement accounts, and liquid assets into qualifying monthly income — no employment, no W-2, no tax returns required.

NoW-2 REQUIRED
NoEMPLOYMENT NEEDED
JumboELIGIBLE
IDEAL FOR

Significant net worth. Limited documented income.

Retirees with substantial investment or retirement accounts
High-net-worth individuals between employment roles
Business owners who pay themselves minimally
Inherited wealth or liquidity events (sale of business, real estate)
Foreign nationals with US-held assets
Calculate Your Qualifying Income →
Licensed Mortgage Broker — Florida
NMLS# 2832362 · Alex Pinacho NMLS# 647053
Asset Depletion · HNW Specialist
Bilingual EN/ES
Equal Housing Opportunity
Reviewed by Alex Pinacho, NMLS# 647053 · GT Home Lending Updated May 2026

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?"

THE FORMULA
Eligible Assets ÷ Loan Term (months) = Monthly Qualifying Income
Example: $3M in eligible assets ÷ 360 months = $8,333/month qualifying income

The assets don't need to be liquidated — they stay invested. We simply use the value to demonstrate capacity to repay the loan. Retirement accounts are typically discounted (e.g., 70%) to account for taxes and penalties; liquid brokerage accounts often count at 100%.

Asset depletion can also be combined with other income types — rental income, Social Security, pension, part-time consulting — to maximize your qualifying amount.

01

Asset documentation

2–3 months of statements for brokerage, bank, and retirement accounts. Shows current balance and ownership.

02

Eligible asset calculation

Alex calculates eligible assets by account type — applying appropriate discount factors for retirement accounts and illiquid assets.

03

Income conversion

Eligible assets divided by loan term (typically 360 months) yields monthly qualifying income. Combined with any other income sources.

04

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.

05

Same-day analysis

Alex runs the numbers same day — telling you exactly what you qualify for before you put in an offer or commit to a timeline.

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.

Typically 100% eligible

Brokerage Accounts

Taxable investment accounts — stocks, bonds, ETFs, mutual funds. Must be liquidatable.

Typically 70–100% eligible

401(k) / IRA / Retirement

Pre-tax retirement accounts. Discounted to account for early withdrawal taxes and penalties where applicable.

Typically 60–70% eligible

Vested Stock Options

Vested but unexercised stock options may be included at current intrinsic value depending on lender and documentation.

Lender dependent

Trust Accounts

Assets held in revocable or irrevocable trusts — with appropriate trust documentation confirming access and control.

Lender dependent

Combined with Other Income

Social Security, pension, rental income, part-time consulting — all can be combined with asset depletion to maximize qualifying power.

Additive to asset income

What to expect.

Minimum Assets

  • Varies by lender — typically $500K+ in eligible assets
  • Higher loan amounts require proportionally larger asset base
  • Post-closing reserves counted separately

Loan Amounts

  • Conventional to conforming limit
  • Jumbo asset depletion up to $3M+
  • Super jumbo programs available

Documentation

  • 2–3 months asset statements
  • Proof of ownership and access
  • Trust documents if applicable
  • No tax returns typically required

Credit Requirements

  • Minimum 680 — 720+ for best rates
  • No employment verification required
  • Reserves required in addition to qualifying assets

Property Types

  • Primary residence
  • Second home / vacation property
  • Investment property (select programs)

Down Payment

  • Typically 20–30% depending on 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

What is asset depletion income?
Asset depletion (or asset dissipation) is a method of calculating qualifying income by dividing eligible liquid assets over a set number of months. This is useful for retired borrowers or those with substantial assets but limited employment income.
What types of assets can be used for asset depletion?
Eligible assets may include checking, savings, retirement accounts (often discounted), and investment portfolios. Specific asset types, discount factors, and eligibility vary by lender and program.
Do I have to spend the assets to qualify?
No — assets are not required to be liquidated. The calculation is used solely for income qualification purposes. Actual requirements are subject to lender guidelines and program terms.

Have questions about this program?

Alex reviews every file personally. Schedule a call and get direct answers.

Schedule a Strategy Call →

Your assets built your wealth.
Now let them work harder.

Send Alex your account statements. He'll calculate your qualifying income across lenders and tell you exactly what's possible — same day.