Asset-Based Loans
Turn your portfolio into qualifying income
Asset depletion and asset qualifier programs convert savings, investments, and retirement funds into qualifying income. A strong fit for retirees and high-net-worth borrowers with substantial balance sheets and modest paper income. Available through our wholesale lending network.
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What this program offers and who it tends to fit best.
01
No employment required
Qualification does not depend on a paycheck.
02
Asset depletion formulas
Liquid assets are converted into a monthly qualifying income figure.
03
Multiple account types
Checking, savings, brokerage, and eligible retirement accounts can count.
04
Flexible occupancy
Primary residence, second home, and investment options available.
01
Keep investments working
Assets are measured, not liquidated.
02
Built for retirees
Qualify from the wealth you already built.
03
Simplified income picture
No juggling pension, distribution, and dividend documentation.
04
High-balance friendly
Loan amounts that fit substantial purchases.
frequently asked questions
Common questions about this loan program.
An asset-based loan, sometimes called asset depletion or an asset qualifier, converts your liquid assets into a monthly qualifying income figure. It allows borrowers with substantial savings and modest reported income to qualify on their balance sheet.
The lender totals your eligible liquid assets and divides by a set number of months to produce a monthly income figure. The divisor and the percentage of each account type counted vary by lender and program.
Checking, savings, brokerage, and eligible retirement accounts are commonly counted, though retirement funds are often discounted and may require the borrower to be of distribution age. Business accounts and restricted assets are treated differently.
No. Asset depletion measures your assets to establish qualifying income. It does not require you to sell investments or draw down the accounts, so your portfolio can stay invested.
Retirees, borrowers between roles, business owners who reinvest rather than take income, and high-net-worth buyers whose wealth sits in investments rather than salary. It is also useful when income is irregular but reserves are strong.
Talk with a licensed City First Mortgage loan officer about your goals, your timeline, and which program fits. No cost, no obligation, and no credit pull to start the conversation.
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