The Assets-as-Income Mortgage
No Pay Stubs. No Tax Returns. Just Your Savings Working for You.
Tired of digging through years of paperwork just to prove your income? Our Assets as Income program is a game-changer for anyone with strong savings. We look at your liquid assets (like cash in the bank, investments, retirements accounts, etc.) to qualify you for a home loan – no W-2s or tax forms needed.
It’s perfect if your paycheck doesn’t tell the full story, but your bank account does.
How It Works (3 Simple Options)
We offer three ways to turn your assets into qualifying "income." We’ll pick the best fit based on your situation – all designed to make approval easier.
- Mortgage Only Method
We take 125% of your total mortgage debt across all properties. That number becomes your minimum required assets to qualify.
Real-Life Example:
John owns one property with $500,000 left on the mortgage.
125% of $500,000 = $625,000 assets needed to qualify.
If John has $625,000+ in verified savings, he meets the income qualifications – simple as that!
- Simplified Method
We calculate 120% of your new mortgage amount + 30% of any other debts. Quick and straightforward for most borrowers.
Real-Life Example:
Jane wants a new loan of $500,000.
The total balance of her other debts (car loans, student loans, etc.) is $50,000.
120% of $500,000 = $600,000. 30% of $50,000 = $35,000. Add these two together ($600,000 + $35,000) and $635,000 is the minimum liquid assets required.
With $635,000+ in stocks and savings, Jane will sail through approval – no sweat.
- Traditional Method
We use 100% of your new loan amount + 60 months of your total monthly debt payments + 60 months of any net rental losses (if you own investment properties). This gives a full picture if you have rentals or other obligations.
Real-Life Example:
Bill needs a new loan of $500,000.
His non-mortgage debts are $1,500 per month.
His net rental losses are $300 per month.
$500,000 + $90,000 (60 months x $1,500) + $18,000 (60 months x $300) = $608,000 assets needed.
If Bills has savings of $608,000 or more, he's all set – even with rentals in the mix.
No matter what the method, we verify your assets (e.g., bank statements, retirement accounts and investment accounts) and ensure they’re liquid and accessible.
Quick Qualification Check
To get started, you'll need:
- At least a $200,000 loan amount (up to $2.5 million)
- A minimum FICO score of 700
- Strong, verifiable liquid assets. For accounts invested in stocks we can only use 80% of the account value, and for retirement accounts we can only use 70% of the account value – unless you’re of retirement age (then we can use 80%).
Why Homeowners Love This Program
- No job proof required – great for business owners or retirees
- Up to $2.5 million loans
- Primary home, second home, or investment properties
- Competitive rates – often better than you'd expect
- Fast closings – less docs means less hassle
Ready to Turn Assets into Loan Approvals?
Share your rough asset total and desired loan amount – we’ll run a free scenario in minutes with our extremely low rates and determine your eligibility.