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Elegant Los Angeles property
Asset Depletion

Your assets
are your income.

No job required. Use liquid assets — stocks, bonds, retirement accounts — to derive qualifying income for your mortgage.

Text Derek Apply Now
How It Works

What is an asset
depletion mortgage?

An asset depletion loan calculates your qualifying income by dividing your liquid assets over a set number of months (typically 360). The result is treated as monthly income for qualification purposes — no employment or traditional income needed.

1
Document your liquid assets
2
We calculate your monthly qualifying income
3
Close on your home — no job required
Program Details

Asset depletion
highlights

Qualifying
Assets Become Income
Liquid assets are divided over the loan term to create a qualifying monthly income figure.
  • Checking, savings, money market
  • Stocks, bonds, mutual funds
  • Retirement accounts (discounted)
  • No employment verification
Loan Terms
Flexible Options
Competitive terms for borrowers with substantial assets purchasing in the LA market.
  • Primary and second home
  • Jumbo loan amounts available
  • Fixed and ARM options
  • Can combine with other income sources
Who It’s For

Ideal for asset-rich
borrowers in LA

Retirees
No longer earning W-2 income but sitting on substantial retirement savings and investments.
High-Net-Worth
Individuals with large portfolios who don’t draw traditional income or whose income is hard to document.
Recent Liquidity Events
Sold a business, received an inheritance, or cashed out equity. Put those assets to work.
Get Started

Let your assets
do the qualifying

Text Derek your approximate liquid asset total and target home price — he’ll run the numbers and tell you what you qualify for.

Text Derek Start Application →