Self-Employed
What is an asset depletion loan?
Answered by Onias Derilus, Mortgage Capital · NMLS# 1859012 · Florida licensed mortgage broker
An asset depletion loan lets you qualify using your liquid assets instead of employment income. The lender divides your eligible assets by a set number of months to create a monthly 'income' figure.
It's ideal for retirees and high-net-worth borrowers who are asset-rich but show little earned income. We'll calculate your asset-based income and find the program that accepts it.
Related Self-Employed Questions
Have a follow-up question?
Talk to a licensed Florida mortgage broker — no cost, no obligation.