Asset Depletion Loans

Qualify using your liquid assets instead of income. Your savings, investments, and retirement accounts are divided over the loan term to calculate qualifying income.

$500K+

Min Assets

20%+

Down

700+

Credit

Written by Renzo Johnson, Licensed MLO · NMLS #PENDING · Last updated: February 2026

Key Features

  • Liquid assets divided by loan term (360 months for 30-year)
  • Result counts as qualifying income
  • Stocks, bonds, mutual funds, retirement accounts accepted
  • No employment or income documentation required
  • Typically requires $500K+ in qualifying assets
  • Down payment: 20%+ typical
  • Available for primary and second home

Who Is This For?

  • Retirees with substantial assets but low reported income
  • High-net-worth individuals between employment
  • Business owners with significant liquid assets

Florida-Specific Considerations

  • Florida’s large retiree population makes asset depletion popular
  • Snowbirds converting to full-time Florida residents
  • No Florida state income tax simplifies asset qualification

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