Asset Qualifier/ Asset Depletion Loans

Asset Qualifier loans present a flexible way to obtain mortgage financing. Instead of requiring typical documents like W-2s or tax returns, we review your personal balance sheet for a broader understanding of your financial standing.

This solution is designed for individuals who may not have a steady monthly income but hold significant assets, like stocks, bonds, cash, or retirement funds. It provides more opportunities for financing approval.

Consider a retiree who no longer has monthly income but has built up considerable retirement savings—this program allows them to use those assets to qualify for financing instead of relying on income.

Qualification is simple—borrowers just need to provide evidence of their assets. Unlike traditional lenders who primarily evaluate monthly income, Money Financial Group offers a more flexible solution for securing property financing.

MFG evaluates three primary asset types: cash and equivalents, stocks and bonds, and retirement accounts. Based on the value of these assets, we calculate your total qualification amount to determine mortgage eligibility.

MFG credits 100% of your cash and equivalents, 80% of stocks and bonds, and 70% of retirement accounts in the qualification process. By dividing the total assets by 60 months, our underwriting calculates a higher qualifying monthly income, in contrast to the standard Asset Depletion method, which divides by 120 months. This means our Asset Qualifier program can effectively double your qualifying monthly income amount.