Asset-Based Mortgages

Asset Depletion Mortgages In Michigan — An asset depletion mortgage lets a borrower qualify using liquid assets instead of a paycheck.

Asset Depletion Mortgages In Nebraska: Assets, Not Income: what borrowers need to know about high-net-worth bank-statement financing, from Lendmire.

Underwriters divide eligible assets by a set number of months instead of looking at a paycheck.

Asset Depletion Mortgages In Massachusetts — These loans convert liquid savings into qualifying income instead of tax returns or pay stubs.

Cash and securities usually count close to full value; retirement funds get discounted for early-withdrawal tax exposure.

Business accounts, unvested stock, and real estate equity generally don’t count.

Not every account counts the same way — cash usually counts near full value, securities get discounted, and retirement funds carry the steepest haircut.

The mechanics, the haircuts, and the size of the asset pool required all vary by lender program — not by state law.

No W-2s. No tax returns proving employment. The lender divides eligible assets by a set number of months and treats the result as income.

A lender takes eligible assets, subtracts what leaves the pool at closing, and divides the remainder by a set number of months.

Which assets qualify, and at what percentage, is set by each lender’s own program guidelines rather than a single federal rule.

Asset Depletion Mortgages In Indiana — Asset depletion is a qualification method, not a separate loan type.

An asset depletion mortgage — sometimes called asset dissipation or asset amortization underwriting — treats liquid wealth as a substitute income stream.

Not every account qualifies, and the ones that do usually get discounted before they count.

Not every asset counts, and the ones that do get discounted differently depending on how liquid and stable they are.