Asset
Qualifier
Mortgage
Your wealth is your qualification. Use your liquid assets — savings, investments, retirement accounts — to qualify for a mortgage with no income documentation required.
Quick Program Summary
What Is an Asset Qualifier Loan?
An Asset Qualifier mortgage — also known as Asset Depletion or Asset Dissipation lending — is a Non-QM program that converts your verified liquid assets into a qualifying monthly income figure, allowing you to obtain a mortgage without ever showing a paycheck or filing taxes as a qualifier.
The calculation is straightforward: your total eligible assets are divided by a term (typically 60–84 months) to arrive at a monthly income number. For example:
Example Calculations
Option 1 — ÷ 60 Months
$2,400,000 eligible assets ÷ 60 = $40,000/mo qualifying income
Min assets: lesser of $1M or 150% of loan amount | Max DTI: 43%
Option 2 — ÷ 84 Months
$2,400,000 eligible assets ÷ 84 = $28,571/mo qualifying income
No minimum eligible assets required | Max DTI: 43%
Eligible Asset Types
Checking & Savings
Fully liquid — 100% of balance eligible
Stocks & Bonds
Marketable securities count toward eligible assets
Money Market Accounts
Highly liquid accounts fully eligible
Mutual Funds
Eligible at standard discount rate
Retirement Assets (IRA / 401k)
Eligible with standard age-based haircut
Multiple Asset Types Combined
Stack multiple asset sources for maximum qualifying income
Why Choose the Asset Qualifier?
Built for wealth — not a paycheck.
No Income Documentation
No income documentation necessary — qualify entirely on your liquid assets and net worth.
Loans Up to $4M
Asset Qualifier loans available up to $4 million with no ownership seasoning required on cash-out refinances.
FICO Down to 660
Recent credit events allowed. All occupancy types eligible — primary, 2nd home, and investment.
Multiple Properties OK
Multiple financed properties allowed. Non-warrantable condos accepted. 7/6 ARM, 10/6 ARM, 30 and 40 FRM available.
Program Highlights
Full guidelines and qualifying criteria at a glance.
- Non-Warrantable Condos allowed
- No income documentation necessary
- Recent credit events allowed
- All occupancy types allowed (primary, 2nd home, investment)
- 7/6 and 10/6 ARM, 30, and 40 FRM
- Multiple financed properties allowed
- No Ownership Seasoning on Cash-Out
- Loan amounts up to $4M
- FICO down to 660
- Option 1 (÷60 months): Min eligible assets = lesser of $1M or 150% of loan amount | Max DTI 43%
- Option 2 (÷84 months): No minimum eligible assets required | Max DTI 43%
- Qualifying income = Total eligible assets less down payment, closing costs, and required reserves
Who Is This For?
If your net worth far exceeds your reported income, this program was made for you.
Get Pre-Qualified in 24 Hours
No income docs. No obligation. Just fast answers from an asset lending specialist.
Frequently Asked Questions
Your Assets Are Your Greatest Qualification
Stop letting a lack of traditional income documentation prevent you from leveraging your wealth.
Pacific Rate NMLS #329956 | Empowered by NEXA Lending NMLS #1660690 | Equal Housing Lender | 7 AM – 7 PM Daily | 24-Hour Support: (630) 332-9115
