Non-QM
Asset Depletion
Qualify using your assets instead of income — designed for high-net-worth borrowers, retirees, and anyone asset-rich but income-light on paper.
Program Highlights
- Assets are converted into qualifying income for underwriting
- A fit for retirees and high-net-worth borrowers without W-2 income
- Works alongside other Non-QM documentation options
Wondering if a asset depletion fits your situation? Call (360) 961-2676 or email KristinaBoyko@tristarfinance.com — no pressure, no obligation.
Asset Depletion FAQs
What is an asset depletion loan?
An asset depletion (or asset utilization) loan qualifies you based on your liquid assets instead of traditional employment income. The lender converts your eligible assets into an equivalent monthly income figure for qualifying purposes — no pay stubs required.
Who are asset depletion loans for?
They fit people with meaningful savings or investments but non-traditional income: retirees who haven't started drawing on accounts, business owners between ventures, or anyone whose tax returns understate their real financial strength.
What kinds of assets count?
Typically checking and savings, investment accounts, and retirement accounts, with different programs counting different percentages of each. The mix matters, so the fastest way to know where you stand is a short conversation about what you hold.
Ready to Explore Your Options?
Apply online in minutes — I'll review your application personally and walk you through the programs that fit.