Buy or refinance using your assets, not employment income.
Coltrain Mortgage offers asset depletion loans for retirees, high-net-worth borrowers, and anyone living off investments rather than a paycheck - qualify using your savings, investments, and retirement accounts instead of a job.
- No Employment Needed
- Qualify Off Liquid Assets
- Great for Retirees
- Purchase & Refinance
Let's See What You Qualify For
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What makes our asset depletion loan different
No employment required
Qualify off your documented liquid assets instead of a job, pay stubs, or tax returns.
Assets converted to income
We divide your qualifying assets over a set number of months to calculate a monthly income figure for underwriting.
Built for retirees & investors
A strong fit for anyone asset-rich but income-light on paper - retirees, high-net-worth borrowers, and people between jobs.
Purchase & refinance
Use asset depletion qualification to buy your next home or refinance the one you're in.
Not sure if asset depletion financing is the right fit for you?
An asset depletion option for your actual situation
Retirees
Qualify off your retirement and investment accounts instead of a paycheck you no longer receive.
High-Net-Worth Borrowers
Put substantial liquid assets to work qualifying for a mortgage, without a traditional income requirement.
Between Jobs
Qualify off documented assets while you're between positions or transitioning careers.
Living Off Investments
For anyone whose real financial picture is asset-rich, even if it looks income-light on paper.
Purchase
Buy your next home using asset depletion qualification, with the same wholesale rate access as our other purchase loans.
Refinance
Refinance your current mortgage, including cash-out, using your documented assets.
From application to closing
Tell us your situation
Purchase or refinance, retirement accounts or investments - we match you to the right program.
We review your assets
We calculate a qualifying monthly income figure by dividing your seasoned liquid assets over a set number of months.
Streamlined underwriting
No employment verification or tax returns required for this program - just documented, seasoned assets.
Close on your loan
Buy your next home or complete your refinance with wholesale-priced rates and local guidance throughout.
Being asset-rich should count for something.
Traditional underwriting is built around a paycheck. Asset depletion financing looks at what you've actually built - savings, investments, retirement accounts - and converts it into a qualifying income figure, whether or not you're currently employed.
Asset depletion loan questions, answered
What is an asset depletion loan?+
An asset depletion loan (also called an asset-based or asset-utilization loan) lets you qualify for a mortgage using your liquid assets - savings, investments, retirement accounts - instead of employment income. Lenders divide your qualifying assets over a set number of months to calculate a monthly income figure used for qualifying.
Who is asset depletion financing a good fit for?+
It's a strong fit for retirees, high-net-worth borrowers, people between jobs, or anyone living off investments rather than a paycheck - asset-rich but income-light on paper.
Do I need employment or tax returns to qualify?+
No. Asset depletion loans don't require employment verification or tax returns - qualification is based on documented, seasoned liquid assets instead.
Can I use an asset depletion loan to buy or refinance?+
Yes. Asset depletion financing is available for both purchase and refinance transactions.
More Non-QM options and related programs
Ready to access your home's equity?
No pressure, no obligation - just a clear answer from a local loan officer.