Asset depletion refinance qualifies you based on liquid assets — savings, investments, and retirement accounts. Perfect for retirees and high-net-worth borrowers.
You've built wealth. Now use it to refinance — without a paycheck.
Liquid assets (savings, investments, retirement accounts) are divided over the loan term to create a monthly qualifying income. $1M in assets = ~$2,778/mo qualifying income (360-month term). Self-employed borrowers without large portfolios may prefer a bank-statement refinance.
Retirees with substantial savings but little traditional income qualify easily. Social Security, pensions, and asset depletion income can be combined — check ratios with our DTI calculator.
Refinance your existing mortgage to a lower rate via a rate-and-term refinance or access equity through a cash-out refinance — all without employment income. Cash-out available up to 75% LTV.
Checking, savings, money market, CDs, stocks, bonds, mutual funds, and retirement accounts (60-70% of IRA/401k value). Real estate equity does NOT count. Business owners with strong P&Ls can also explore a P&L mortgage.
Provide 60 days of statements for all qualifying accounts. We calculate your total eligible assets and monthly qualifying income.
We structure the optimal loan program based on your asset income plus any other income sources (Social Security, pension).
Home appraisal confirms value. Underwriting verifies assets and calculates depletion income.
Sign your new loan. Lower rate and/or cash-out funds are yours. Your assets remain fully invested.
Run the numbers before you commit. These tools answer the questions every refi shopper asks.
Find out when your refinance pays for itself and whether the closing costs are worth it.
Should you buy discount points to lower your rate? See break-even months and lifetime savings.
See how extra payments shave years off your loan and save tens of thousands in interest.
Questions about qualifying on assets.
$500K+ liquid assets • No employment needed • Up to $3M.
Start my asset depletion refi