Asset depletion programs convert liquid assets into qualifying income, so retirees, recently exited founders, and high-net-worth borrowers with modest reported income can still finance a home.
60-120 months, depending on lender
20-30%
700 typical
Cash, brokerage, and often retirement
No. The program only calculates what your assets could theoretically provide. Nothing is required to be sold or pledged.
Often yes, typically at a discount and sometimes only if you are old enough to draw penalty-free. It varies by lender.
A retiree with a large brokerage account, modest pension income, and no desire to sell securities to buy in cash.
Qualified entirely on assets, kept the portfolio invested, and avoided a large capital gains event.
Examples are illustrative composites of typical files, not offers of credit or guarantees of terms. Your actual options depend on your credit, income, property, and current market pricing.