Asset Depletion Loans in NC & SC
Asset depletion loans let borrowers across North Carolina and South Carolina qualify for a mortgage using their liquid assets — no employment or income documentation required. Ideal for retirees, high-net-worth clients, and anyone whose wealth is in the bank rather than a paycheck.
How Asset Depletion Works
Your eligible liquid assets (checking, savings, brokerage, retirement accounts) are divided by a set number of months (often 60, 84, or 120 depending on the program and borrower age) to create a calculated monthly “income.” That figure is used to qualify your debt-to-income ratio.
Eligible AssetsChecking and savings accounts (100% of balance)
Stocks, bonds, mutual funds, brokerage (typically 70–100%)
Retirement accounts: IRA, 401k, Roth (often 60–70% if under 59½)
Money market and CDs
Trust assets (case by case)
Program HighlightsNo income or employment documentation
Credit scores from 680+
20–25% down
Loan amounts to $5M+
Primary, 2nd home, and investment eligible
Fixed and ARM options
Who Asset Depletion HelpsRetirees living off investments
High-net-worth buyers between liquidity events
Trust-fund beneficiaries
Business owners who took a low salary to reinvest
Anyone whose net worth is strong but whose paycheck isn’t
Statewide NC & SC Coverage
We serve every city, county, and community across North Carolina and South Carolina. From the Blue Ridge to the barrier islands and everywhere in between, we can close your asset-based mortgage.
Get Pre-Approved
Call (843) 376-6213 or apply online. Send over your most recent asset statements and we’ll run the numbers.