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Flexible Asset-Based Mortgages in California - Buy a Home Using Your Assets

An asset depletion loan is a type of mortgage designed for borrowers who may not have significant income but have substantial liquid or near-liquid assets. It allows lenders to qualify borrowers based on the value of their assets, which are “depleted” over time to simulate income. This is an ideal option for retirees, investors, or high-net-worth individuals with limited cash flow but significant savings, investments, or other financial resources.

Who Can Benefit from Asset Depletion Loans?

  • Retirees: Individuals living off retirement savings rather than employment income.
  • Investors: Those with substantial holdings in stocks, bonds, or other investments but low taxable income.
  • Self-Employed Individuals: Business owners with assets but limited or variable income.
  • High-Net-Worth Individuals: Borrowers who have significant assets but choose not to take income or who minimize taxable income for strategic reasons.

Advantages of Asset Depletion Loans

1

Flexible Qualification

You don’t need regular income; assets alone can be used to meet lending criteria.
2

Access to Homeownership

Enables borrowers with high net worth but low or irregular income to qualify for mortgages.
3

Broad Asset Inclusion

Includes various asset types, allowing more flexibility in qualification.
4

Ideal for Non-Traditional Borrowers

Suitable for individuals outside the standard income documentation system.
5

Interest-Only Payments

Some bridge loans allow interest-only payments until the loan is repaid, easing cash flow during the transition

Ready to Get Started?

We’re happy to guide you to the right choice for you—contact Mortgage Niche Advisor today!

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