10% Down No W2 or Tax Returns Your Assets Stay Untouched No Mortgage Insurance

Qualify for a Mortgage
Using Your Assets — Not Your Paycheck

If you've spent decades building wealth but your W2 ended at retirement — or your tax returns show low income because you're smart about deductions — conventional lenders will turn you down. Asset utilization is the program they don't tell you about.

Calculate My Qualifying Income →
Nate Jones · NMLS #304056 · (858) 254-0955 · New American Funding
10%
Minimum down payment (90% LTV)
50%
Maximum DTI on qualifying scenarios
No MI
No mortgage insurance required
30yr
Standard fixed-rate loan terms available

Why Asset Utilization?

The mortgage program built for people who have wealth — not a paycheck.

Conventional Lenders Only See Your Paycheck — Not Your Wealth

You could have $2M in a brokerage account and a bank will still reject you without W2 income. Asset utilization converts your savings, investments, and retirement accounts into qualifying income — no pay stubs, no tax returns required.

Your Assets Are Never Touched, Pledged, or Collateralized

You are not drawing down your retirement. You are not pledging your brokerage account. The lender divides your eligible assets by 84 months to calculate qualifying income. Your money stays exactly where it is.

Retirees Don't Need to Set Up IRA Distributions

Most banks tell retirees they need to start taking distributions to qualify. With asset utilization, no distribution is required. The income figure is mathematical only — preserving your tax planning flexibility and keeping assets fully invested.

Calculate Your Qualifying Income — Free, Instant, No Signup

Asset Utilization Income Calculator

Enter your eligible assets — see your qualifying monthly income

Your Eligible Assets
100%
100%
~70%
~70%
~50%
Loan Settings
Calculation Term 84 months (7 years)
60 months84 months
Home Purchase Price $600,000
$200K$3M
Down Payment 20% — $120,000
10%50%
Interest Rate 7.500%
5%11%

Your Qualification Analysis

Based on Non-QM asset utilization guidelines

Qualifying Monthly Income
$12,202
Calculated from eligible assets ÷ term
✓ Qualifies for This Purchase

Get Your Full Qualification Analysis

✓ Your analysis has been sent to Nate. He'll be in touch shortly!

Who Is This Loan For?

Asset utilization is designed for borrowers who have wealth but not traditional W2 income documentation.

🏖

Retirees

You've spent decades building a portfolio. You don't need a paycheck to prove you can pay a mortgage. Your retirement accounts, savings, and investment assets qualify directly — no distributions required.

RETIREMENT ACCOUNTS AT 70% · LIQUID AT 100%
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Self-Employed Borrowers

If your tax returns show minimal taxable income due to business deductions, asset utilization may work alongside or instead of bank statement income. Your personal liquid and investment assets count fully.

CAN COMBINE WITH BANK STATEMENT INCOME
📊

High-Net-Worth Individuals

Significant investable assets — brokerage accounts, diversified portfolios, trust-held assets — can power your mortgage qualification without touching your cash flow. Assets remain in your control throughout.

NO LIEN ON ASSETS · NOT COLLATERALIZED
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W2 Earners with Large Assets

Already earning W2 income but want to use your investment portfolio to qualify for a higher loan amount? Asset utilization income can be combined with W2 earnings to boost your qualifying figure.

COMBINED INCOME APPROACH AVAILABLE
🌐

H1B & Work Visa Holders

Valid work visa holders (H1B and similar) can be considered for this program on owner-occupied properties. Foreign national restrictions apply — contact a specialist to review your specific situation.

VALID WORK VISA HOLDERS ELIGIBLE
🧑

Any Age — Including Young Borrowers

No age restrictions. Whether you're a 25-year-old entrepreneur with a large inheritance (properly seasoned) or a 70-year-old retiree, the program evaluates your assets — not your age or income history.

NO AGE RESTRICTIONS

What Assets Count — And at What Percentage?

Not all assets are counted equally. Here's how each category is typically treated.

✓ Eligible — Counted at 100%

Full Value
Checking & Savings Accounts100%
Certificates of Deposit (CDs)100%
Cash Surrender Value of Life Insurance100%
Money Market Accounts100%

✓ Eligible — Counted at Reduced %

Partial Value
Stocks, Bonds, Mutual Funds~70%
IRA / Roth IRA / 401(k)~70% (age-dependent)
SEP IRA / Pension Accounts~70% (age-dependent)
Bitcoin & Ethereum (BTC/ETH)~50%, max 25% of total

⚠ Conditional / Requires Review

Case-by-Case
Seasoned inheritance (2+ yrs old)Possible w/ approval
Lawsuit settlements (fully seasoned)Case-by-case review
Trust-held assets (accessible trust)Must be accessible
Proceeds from pending home saleDown payment only

❌ Ineligible Assets

Not Counted
Business bank accountsNot eligible
Recent large unseasoned depositsNot eligible
Other cryptocurrencies (non-BTC/ETH)Not eligible
Recent lottery winnings / gifts (unseasoned)Not eligible
Important: Your Assets Are Not Collateralized
The lender does not put a lien on your investment accounts or retirement funds. Asset utilization is purely a mathematical method to calculate qualifying income. Your assets remain fully in your control — you are not required to liquidate, distribute, or pledge them.
The Math Behind
Asset Utilization

The formula is simple: total eligible assets divided by a calculation term (60 or 84 months) equals your qualifying monthly income. That monthly income number is then used just like W2 income to qualify for a standard 30-year fixed mortgage.

1
Total Up Your Eligible Assets
Add liquid assets at 100%, investment/retirement assets at ~70%, and any eligible crypto at ~50%. Subtract your down payment — that remaining balance is used for the calculation.
2
Divide by the Calculation Term
Divide total eligible assets by 60 or 84 months. This is not your loan term — your loan is a standard 30-year fixed. This division is only used to establish a qualifying monthly income figure.
3
Qualify Like Any Other Mortgage
Your calculated income is used to determine DTI ratios, just like W2 income. DTI can go up to 50% depending on the lender and your overall loan scenario.
Example Calculation
Checking/Savings$250,000 x 100%
Brokerage Account$300,000 x 70%
IRA / 401(k)$500,000 x 70%
Total Eligible Assets$810,000
Less Down Payment (20%)- $120,000
Assets for Calculation$690,000
/ Calc Term/ 84 months
Monthly Qualifying Income $8,214/mo
Annualized Equivalent $98,571/yr
This qualifying income is used to calculate DTI ratios for a standard 30-year fixed mortgage. The borrower's actual assets remain untouched — no distributions required.

Why Asset Utilization Is Different From Other Non-QM Loans

Most Non-QM programs require some form of income evidence — bank statements showing 12-24 months of deposits, 1099s, P&Ls, or rental income. Asset utilization is fundamentally different: income documentation is not required at all. Instead, the lender establishes your ability to repay based entirely on the depth of your asset reserves.

Critically, your assets are not pledged or collateralized. The calculation is purely mathematical — a way to establish "likelihood to continue" paying based on your overall financial position. You are not required to set up IRA distributions, liquidate any positions, or change anything about how you manage your money.

vs. Setting Up IRA Distributions
Many retirees are told they need to set up a recurring distribution from their IRA to qualify for a mortgage. With asset utilization, no distribution is required. The income figure is mathematical only — calculated from your total balance, not from actual withdrawals. This preserves your tax planning flexibility and keeps your retirement assets fully invested.

Key Program Details at a Glance

FeatureDetail
Minimum Down Payment10% (90% LTV)
Maximum DTIUp to 50% (varies by investor, LTV, FICO)
Loan Type30-year fixed, standard loan terms
Mortgage InsuranceNone required (Non-QM / Jumbo program)
Calculation Terms60 or 84 months (used for income calc only)
Income DocumentationNot required — assets substitute for income
Can Combine WithW2 income, bank statement income, 1099 income
HELOCsNot available — first-lien mortgages only
Age RestrictionsNone (age may affect retirement asset %)
Foreign NationalsGenerally not for owner-occupied; H1B visa holders may qualify

Common Scenarios Where This Loan Shines

The Retired Executive

A 62-year-old retired executive has $1.8M in a mix of brokerage accounts and IRAs. Their W2 income ended at retirement. Using the 84-month calculation, their eligible assets generate over $14,000/month in qualifying income — more than enough to purchase a $700,000 vacation home or downsize into a new primary residence without touching their distributions.

The Self-Employed Business Owner

A business owner has $600,000 in personal savings and a $400,000 brokerage account, but their tax returns show modest net income due to heavy business deductions. Asset utilization income can supplement or replace the tax return income, opening up purchase power that a conventional loan wouldn't allow.

The Liquidity Event Beneficiary

An entrepreneur just sold a company and is sitting on $2.5M in cash and stocks. They want to buy a $1.2M home. Their assets — even with the down payment removed — generate substantial qualifying income and they close in weeks without a single pay stub.

Note on Asset Seasoning
Lenders review the most recent 2-3 months of bank statements. Large, unseasoned deposits (recent lottery winnings, inheritances, gifts) that appear during that window may not be eligible. Funds that deposited more than 2-3 months ago and show a stable balance are generally not an issue. When in doubt, connect with a specialist to review your specific statement history.

Frequently Asked Questions

No. Your assets are not pledged, collateralized, or encumbered in any way. The asset utilization calculation is purely a mathematical method used to establish your ability to repay — based on your overall financial stability. Your brokerage accounts, IRAs, and savings remain fully in your control throughout the life of the loan.
No — and this is one of the most important distinctions of this program. With asset utilization, the monthly qualifying income is a mathematical figure calculated from your total account balance. You are not required to set up, initiate, or document any actual distributions. This preserves your flexibility on IRA withdrawals and RMD planning.
As low as 10% (90% LTV), depending on your FICO score and the specific investor guidelines. Higher down payments may unlock better rates or qualify under more favorable DTI limits. The calculator above lets you model different down payment scenarios.
No. The 60 or 84-month period is only used as the divisor in the income calculation formula. Your actual loan is a standard mortgage — typically a 30-year fixed rate. After the calculation period ends, nothing changes about your loan. The program is built on the assumption that a borrower with significant, well-managed assets will continue to have the means to repay.
Yes. Asset utilization can be the sole income source or combined with W2 earnings, bank statement income, or 1099 income. This is particularly useful for borrowers who have both employment income and significant investment assets and want to qualify for a larger loan amount.
Bitcoin and Ethereum may be considered, but at a reduced rate — typically 50% of the value — and they cannot represent more than 25% of your total eligible assets. Other cryptocurrencies are generally not eligible. Crypto holdings require a detailed review of statements. Connect with a specialist to discuss your specific situation.
No age restrictions. However, if you are under 59 1/2, certain retirement account assets may be counted at a different percentage because early withdrawal penalties affect accessibility. The program has been successfully used by borrowers across a wide age range — from 19-year-olds with inherited assets to retirees in their 70s and beyond.
Lenders typically review the most recent 2-3 months of bank statements. If a large deposit appeared before that window and your current statements are stable, it is generally not flagged as a windfall. The key is that the funds have been held consistently and aren't part of a sudden influx. A specialist can review your specific statement history to confirm eligibility.

Find Out If You Qualify in Minutes

Enter your assets in the calculator above, then connect with Nate to get your official scenario reviewed — free, no credit pull required.

📞 Asset Loan Specialist — Call Nate: (858) 254-0955