Asset-Based Mortgage Loans in California
Qualify using liquid assets rather than income. Ideal for retirees, high-net-worth individuals, and those with significant investment portfolios.
Overview
Retired, between ventures, or living on investment income that does not show up as a paycheck? An asset-based loan (also called asset depletion or asset utilization) converts your liquid assets into qualifying income, so a strong balance sheet can carry a mortgage even when there is no W-2 or tax-return income to point to.
Our asset-based lending program allows borrowers to qualify using their liquid assets instead of traditional employment income. This is ideal for retirees, high-net-worth individuals, and anyone with substantial savings or investment portfolios.
Program Features
- Qualify using liquid assets (stocks, bonds, retirement accounts)
- No employment or income documentation needed
- Asset depletion methodology
- Primary, second home, and investment properties
- Loan amounts up to $3M+
Ideal For
Retirees, high-net-worth individuals, early retirees, and borrowers with significant liquid assets.
How assets become income
The lender totals your eligible liquid assets (checking, savings, brokerage, and often a percentage of retirement accounts) after subtracting the funds needed for the down payment and closing, then divides by a fixed number of months to produce a monthly qualifying income. Some programs simply require assets equal to the loan amount plus reserves. No employment, no tax returns, no debt-to-income ratio in the traditional sense.
Who this is built for
Retirees drawing on savings, high-net-worth borrowers with income structured for tax efficiency, business owners between liquidity events, and real estate investors who would rather not document rental income on every property. Purchase and refinance are available for primary residences, second homes and investment properties. Subject to credit approval; programs vary by lender.
Choosing the right structure
Programs differ in which accounts count, what percentage of retirement assets is eligible, and how many months the assets are divided over, and those differences decide whether you qualify. We compare asset-based programs across our lender panel and can pair them with other non-QM options, such as bank statement income, when a borrower has both.
Asset-Based Loan FAQs
Do I have to liquidate my investments?
No. The assets stay where they are. The lender only verifies them and uses them to calculate qualifying income.
Do retirement accounts count?
Usually a percentage does, depending on your age and the lender. Brokerage, savings and checking accounts typically count in full.
Can I use an asset-based loan for a second home?
Yes. Primary residences, second homes and investment properties are eligible on most programs.
Is there an age requirement?
No. The programs are popular with retirees but available to any borrower with sufficient liquid assets.
How large a loan can I get?
It scales with your assets. Jumbo loan amounts common in the Bay Area are available through several lenders.
Programs, terms and eligibility vary by lender and are subject to credit approval. This is not a commitment to lend. SiFi Lending is a mortgage broker (Simonich Financial, Inc., NMLS #2563307); we arrange loans, we do not make loans. Equal Housing Opportunity.