Asset Depletion Lending
When your assets tell the story your tax returns don't.
Asset depletion programs let qualifying borrowers use eligible assets as part of how a lender views their financial picture. Useful when traditional income documentation isn't the cleanest fit.
All loans subject to credit and underwriting approval. Not all applicants will qualify. Rates, terms, and program availability are subject to change without notice. This page is for general education and is not an offer to lend or a commitment to make a loan. Travis Penny, NMLS ID #1649161, is a mortgage loan originator with Vision Mortgage, LLC, NMLS #23007. Equal Housing Opportunity.
Asset based view
Eligible assets factor into how the loan is structured and reviewed.
Useful for retirees and high net worth
Common in Florida with retirees, business owners, and asset rich buyers.
Program specifics vary
Each lender has its own asset depletion guidelines. We'll find the one that fits your scenario.
How it works at a high level
Asset depletion is a way for certain borrowers to qualify based primarily on eligible assets rather than purely on documented monthly income. Different lenders have different rules on what assets count, what discounting they apply, and what other criteria still need to be met. Because programs and overlays vary, this is an area where talking through your specific picture matters.
Who tends to use it
Retired buyers with significant savings. Business owners whose tax returns don't reflect their actual liquidity. Buyers transitioning between careers. The common thread is "the assets are there, the W2 paycheck just isn't."
What I'll need to see
Statements for the assets you'd like considered, plus the rest of your normal application picture (credit, property, intent). I'll match you to the program with the friendliest rules for your scenario.
Keep exploring
Want a real human to walk you through this?
I'll lay out your options in plain English. No pressure, no scripts.