How it works
Asset depletion — sometimes called asset-based qualifying — converts eligible liquid and retirement assets into a calculated income stream for underwriting. It is a common fit for retirees, recently exited business owners and borrowers whose wealth sits in portfolios rather than W-2 income.
What defines this program
- Eligible assets converted to qualifying income
- No employment income requirement in the traditional sense
- Frequently paired with jumbo and second-home financing
Common fits
Questions borrowers ask
Which assets count?
Which accounts qualify, and how much of each counts, varies by program and account type. I review your statements and show you the qualifying picture before you apply.
Who are asset depletion loans usually a good fit for?
Most often retirees, post-exit business owners, high-net-worth borrowers. That list isn't a rule, though — plenty of files land here for reasons that don't show up on a bullet point, so it's worth asking even if you don't see yourself on it.
What should I have ready before we talk about asset depletion loans?
Nothing formal. Tell me the property type and where it is, whether it's a purchase or refinance, how you're paid, and roughly what you're working with for down payment or equity. That's enough for me to tell you which direction actually makes sense before you pull documents together.
What will my terms look like?
Pricing, structure and qualifying guidelines vary by lender, property, occupancy and your full financial picture — and they change often. Rather than publish numbers that may not apply to you, I review your scenario directly and walk you through the real options available for it.
This page intentionally avoids quoting rates, down payments, credit-score minimums or underwriting requirements. Guidelines differ by lender, property type, occupancy and borrower profile — and they change. April Ramker reviews your scenario and tells you what applies to it.