Asset Depletion Loans
When your bank account is stronger than your paycheck. We use your liquid assets to "create" the qualifying income needed for your mortgage approval.
The Short Answer
We take your total liquid assets (Cash, Stocks, Bonds, Retirement) and divide them by a set number of months (usually 360). That number is added to your monthly income. No actual "depletion" or spending of the assets is required.
The Real Problem
The "Retired Millionaire" problem. You have $5M in a brokerage account but only take $4,000/mo in Social Security. A big bank will only see $4,000/mo and deny your $1M home loan. We see the $5M and approve it.
Brokerage Accounts
We count 100% of cash and usually 70-80% of stock values to account for market volatility.
Retirement Funds
401ks and IRAs are eligible even if you aren't currently taking distributions.
No Job Required
This is the perfect program for retirees, trust fund beneficiaries, or those between ventures.
Asset Depletion Framework
The Calculation Example
$2,000,000 (Liquid Assets)
÷ 360 (Months)
= $5,555 / month in Qualifying Income
*This income is added to any other income you have (Social Security, rental income, etc.).