Asset Depletion Loans
Your Wealth Is Your Income — No Job Required
Asset depletion (also called asset utilization) loans allow borrowers to qualify based on their liquid assets rather than employment income. Lenders divide your eligible assets over the loan term to create a calculated monthly income — no job, no W-2, no tax returns needed.
Get Pre-Qualified Today
No credit pull. No obligation. 1-hour response.
Why Choose This Program
Assets = Income
Lenders divide your liquid assets over the loan term to create qualifying monthly income.
Retirees Welcome
Perfect for retirees with substantial savings but limited or no employment income.
Investment Accounts
Brokerage accounts, 401(k), IRA, stocks, bonds, and mutual funds all count.
No Employment Needed
No job, no W-2, no tax returns. Your balance sheet is your qualification.
Requirements
- Minimum 680 credit score
- Sufficient liquid assets to support loan amount
- Assets must be verified with 2 months statements
- Retirement accounts discounted by 30% for borrowers under 59½
- Minimum 20% down payment
- Primary residence, second home, or investment property
- Assets must be in borrower's name (or joint)
- Gift funds and business assets typically not eligible
Key Benefits
- No employment income required
- No tax returns or W-2s needed
- Retirement accounts, brokerage accounts, and savings all count
- Loan amounts up to $5 million
- Ideal for retirees, executives, and high-net-worth individuals
- Available for primary residence, second home, and investment
- Fixed and adjustable rate options
- Jumbo loan amounts available
- No prepayment penalty options
Who This Program Helps
The Early Retiree
A 58-year-old retired executive in Newport Beach has $3.2M in investment accounts and $800K in savings. He has no employment income but wants to purchase a $1.5M home.
Asset depletion: $4M total assets ÷ 360 months = $11,111/month qualifying income. Approved for $1.5M purchase with 25% down.
The Tech Executive
A recently retired tech executive in Palo Alto has $8M in vested stock options and brokerage accounts. She wants to buy a $3M beach house in Malibu.
Asset utilization on $8M portfolio = $22,222/month qualifying income. Approved for $3M jumbo loan with 20% down.
The Foreign National
A foreign national investor with significant US-based liquid assets wants to purchase a $2M investment property in Los Angeles but has no US employment history.
Asset depletion program with 30% down. $4.5M in US brokerage accounts. Qualified and closed in 28 days.
Borrowers We've Helped
"I've been self-employed for 12 years and every bank turned me down because my tax returns show minimal income. NicheLending got me approved using my bank statements in 3 weeks. Closed on my dream home in Pasadena."
"We used a DSCR loan to add our 4th rental property to our portfolio. No tax returns, no income verification — just the property's rental income. Closed in 21 days. The team was incredibly knowledgeable."
"As a recently retired physician with significant investment assets but no W-2 income, I needed a creative solution. The asset depletion program was perfect. Qualified for a $2.1M home with no income documentation."
Frequently Asked Questions
Asset Depletion Income Calculator
Retired, semi-retired, or living off investments? Enter your liquid assets below to see how much qualifying income your wealth generates — and how large a loan you can obtain without any employment income.
Step 1 — Enter Your Liquid Assets
Include all liquid and semi-liquid accounts. Real estate equity is not eligible.
Bank accounts, money market, CDs
Stocks, bonds, mutual funds (non-retirement)
401k, IRA, SEP-IRA — early withdrawal penalty applies
401k, IRA, SEP-IRA — no early withdrawal penalty
Business checking, operating accounts (100% ownership required)
Crypto (50%), trust accounts, annuities, structured settlements
Step 2 — Deductions & Settings
Subtracted from eligible assets before depletion
Typically 1–3% of purchase price
240-month gives higher monthly income but fewer lenders offer it
Enter your asset balances to see your qualifying income