Asset-Based Loans for High-Net-Worth Borrowers
Qualify using your assets—not your income—and unlock flexible financing tailored to your financial profile.
As your mortgage loan officer, I focus on helping you understand your options and choose a conventional loan that fits your long-term goals.
Why Homebuyers Work With Me
- Simple explanations in plain language
- Flexible options for many homebuyers
- Personalized guidance from start to finish
- Local insight into our housing market
What Is an Asset-Based Loan?
An asset-based loan allows you to qualify for a mortgage using your liquid assets—such as savings, investments, or retirement accounts—instead of traditional income like W-2s or tax returns. (Draw on assets is not required)
Who Is a Asset-Based Loan Best For?
Every situation is unique, but Asset-based loans are often a good fit for homebuyers in the following situations:
- High-net-worth individuals
- Retirees living off assets
- Self-employed borrowers with complex income
- Buyers with significant savings but limited reportable income
Key Benefits of Asset-based Loans
- No W-2s, tax returns, or traditional income required
- Use assets like stocks, savings, or retirement funds to qualify
- Flexible underwriting for complex financial situations
- Great for buyers with strong assets but non-traditional income
Asset-based Loan Requirements
- Credit profile: Typically 620-700+ (Can very)
- Down Payment: Usually 10-20%
- Sufficient liquid assets required
- Property types: primary, second homes, and sometimes investment properties
Exact requirements vary
How Asset-based Works
Instead of income, lenders calculate a qualifying income based on your assets.
Qualifying Income=Set Number of Months (e.g., 60)Total Eligible Assets
Your assets are spread out over time to determine how much “income” you can use to qualify.
What Assets Can Be Used?
- Checking & savings accounts
- Brokerage accounts (stocks, bonds, mutual funds)
- Retirement accounts (401k, IRA – often discounted)
- Crypto
Asset-based Loan FAQs
Do I need a job or traditional income to qualify?
No—asset-based loans are designed specifically for borrowers who may not have traditional income but have strong assets to support the loan.
Do I have to liquidate my assets to use them?
No—you typically do not need to sell your assets. They are used for qualification purposes only.
What types of assets count?
Most liquid assets like cash, stocks, and retirement accounts can be used, though some may be discounted depending on accessibility.
How much do I need in assets to qualify?
It depends on the loan amount, but generally you’ll need enough assets to support a calculated monthly income over a set period (often 5–7 years).
Are rates higher than traditional loans?
Rates can be slightly higher than standard conventional loans, but the flexibility often makes up for it depending on your situation.
Can I use this for investment properties?
Yes! Programs are available for primary, secondary and investment properties.
Ready to Explore Your Asset-based Loan Options?
Whether you’re planning to purchase soon or just starting to explore, I’m here to answer questions, explain your choices, and help you feel prepared for each step.
Connect in the way that works best for you and move forward when you’re ready.
Cole Loans | Mortgage Solutions & Home Loans 