Loan Programs — Retired / HNW

Asset Depletion Loans

Your portfolio is the paycheck. Asset depletion programs convert liquid wealth into qualifying income — no W-2, no employment, no tax return required.

No
Employment Required
100%
Asset-Based Qualify
Up to $5M
Loan Amounts
Who It’s For

Is this your loan?

Every program is built for a specific borrower. Here’s where this one tends to be the right call.

01
The Retiree with Wealth

You’ve stopped drawing a salary but your portfolio is substantial. Conventional underwriting penalizes you for not working — asset depletion calculates income from what you’ve already built.

02
The Early Retiree

Financially independent before traditional retirement age. Your assets generate returns but your W-2 income is zero or minimal. Asset depletion bridges the gap between your real wealth and conventional qualification.

03
The HNW Investor

Your income comes from investments, distributions, or trust structures that don’t show up cleanly on a tax return. Asset depletion lets your balance sheet do the qualifying work.


The Process

From quote to keys

One point of contact, start to finish. Here’s what working with Manor looks like.

01
Asset Documentation

We gather statements across all qualifying accounts — brokerage, retirement, savings. Each lender has different rules on asset types and haircuts, so we identify the optimal structure upfront.

02
Income Calculation

Qualifying assets are divided over a set period (typically 360 months) to arrive at a monthly income figure. Your loan officer walks through the math so you know exactly what to expect.

03
Application & Underwriting

Full application with asset documentation in lieu of income docs. Manual underwriting reviews asset quality, liquidity, and sustainability. Timeline runs 21–35 days.

04
Close & Fund

CD delivered 3 days prior. Your loan officer walks every line with you before signing — no surprises at the table.


Common Questions

Straight answers

Most lenders accept liquid assets: brokerage accounts, savings, money market, CDs, and in some cases retirement accounts (with a haircut for withdrawal penalties). Real estate equity, business interests, and illiquid assets typically don’t count. Your loan officer will tell you exactly which accounts apply for your specific lender.
The most common method divides your qualifying assets by 360 — the number of months in a 30-year mortgage. So $3M in qualifying assets produces $8,333/month in computed income. Some lenders use different divisors or allow shorter periods for higher-rate products. Your loan officer will model your specific scenario.
Not necessarily — many programs qualify entirely on assets. Some lenders require a minimum verified income (even $1/month of Social Security counts). Others are purely asset-based. It depends on the lender and the program.
Yes, with conditions. Most lenders apply a haircut to 401(k) and IRA accounts — typically 30–40% — to account for early withdrawal penalties and taxes. If you’re already drawing distributions, those can often be documented as income separately and may qualify you for better terms.
Asset depletion programs are typically non-QM, which carries a modest rate premium over standard conforming loans. The spread varies by LTV, credit score, and lender. Your loan officer will show you the full picture so you can compare total cost of ownership.
Get a Quote

Let your assets do the qualifying

Send us your account totals and loan scenario. Your loan officer will run the income calculation and show you which lenders work best for your balance sheet.

  • Asset income calculation done before full application
  • Retirement, brokerage, and savings accounts reviewed
  • No employment required on most programs
  • Your loan officer responds personally
Tell us about your scenario

No spam. No credit pull. Your loan officer responds personally.

Got it — your loan officer will be in touch.

Expect a response within one business day. Or reach out directly at dru@manorhomes.co

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