Program fit matrix
Best for
- ✓ Borrowers with strong assets but limited traditional income
- ✓ Retirement or brokerage-supported qualification planning
Common blocker solved
- ✓ Income documents do not reflect financial strength
What Aksel needs next
- Liquid asset overview
- Retirement account overview
- Reserve target
- Property and loan amount
Broker-review guardrail
- Aksel broker review is required before relying on any program path, payment estimate, or eligibility cue.
What is an asset depletion mortgage?
An asset depletion mortgage is a non-QM option that lets the borrower qualify based on the strength of their liquid assets rather than monthly income from a job or a business. The lender takes eligible balances from checking, savings, brokerage, and certain retirement accounts and converts them into a qualifying income figure spread across an amortization period defined by the program.
That makes asset depletion useful for retirees living off investments, sellers of a business, or borrowers whose tax returns do not reflect the actual financial picture.
Who compares asset depletion loans?
Asset depletion financing is typically reviewed by:
- Retirees buying a primary residence, second home, or downsizing with strong investment balances
- High-net-worth borrowers who realize income through asset appreciation rather than salary
- Sellers of a business who have liquidity but no current employment income
- Borrowers between jobs or transitioning roles who want to close before the next income stream begins
- Applicants with strong assets but complex or low tax-return income
Common asset depletion scenarios
- Buying a primary residence in retirement using investment portfolio strength
- Refinancing or pulling cash out using assets instead of W-2 or self-employed income
- Comparing asset depletion against full-doc and other non-QM paths to see which produces the strongest qualifying picture
- Combining Social Security, pension, or dividend income with asset depletion for a blended qualification
- Pre-positioning a file for a purchase before liquid assets are moved into a property
What to prepare
Bring two to three months of statements for each eligible account, identification, credit authorization, the property address or target search, any documented income such as Social Security, pension, or dividends, and your target down payment or cash-out goal. If assets are jointly held, bring documentation for the co-owner as well.
Program availability, eligible account types, qualifying percentages, amortization periods, minimum credit score, LTV, and reserves change. I will help compare the current asset-based options and route the scenario through the channel that fits the assets and the goal.