Can borrowers qualify for an Asset Utilization loan if they do not have income from a job?

Yes. Asset Utilization loans are designed for borrowers whose income may come from non-traditional sources such as self-employment, retirement, or investments. Instead of relying solely on employment income, the program allows borrowers to qualify based on the value of their assets.

How does an Asset Utilization Loan work?

Borrowers qualify using substantial assets instead of employment income. Monthly qualifying income is calculated by dividing eligible liquid assets by 60 months. As long as the borrower has sufficient assets to cover the mortgage and living expenses, they may qualify.

Do borrowers need to liquidate their assets to get approved?

No. The assets are used only to demonstrate the borrower's ability to repay the loan. The borrower is not required to cash in or liquidate assets in order to qualify.

What types of assets can be used to qualify for an Asset Utilization loan?

Eligible assets include checking and savings accounts, money market accounts, certificates of deposit, retirement accounts such as 401(k)s and IRAs, and investment accounts including stocks, bonds, and mutual funds.

Programs Non-QM Loans

Asset Utilization

Min. FICO 620 Up to 80% CLTV

Available on Prime, Super Prime, and Apex Prime

An Asset Utilization loan lets borrowers qualify using liquid assets instead of employment income. No tax returns, pay stubs, or job verification required, and assets never need to be liquidated or pledged. AD Mortgage calculates qualifying income by dividing eligible assets by just 60 months — so $1.2 million in assets equals $20,000 in monthly qualifying income (many lenders divide by 84, yielding far less). Ideal for retirees, self-employed borrowers, entrepreneurs, high-net-worth individuals, and anyone with strong assets but variable income. Loan amounts up to $5 million with FICO from 620.

Program features

Loan amounts up to $4 million
DTI up to 55%
Cash-out up to 80% LTV
Qualifying assets / 60 months
100% of checking, savings, stocks, bonds, and 70% of retirement assets

Why choose our Asset Utilization?

Min. 3 months of reserves required
Gift funds allowed
3 months of seasoning

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Program details

Qualifying assets / 60 months

Min. 3 months of reserves

Loan amounts up to $4 million

Qualifying assets are 100% cash or money market, 100% from public securities, or 70% from retirement accounts

4-months seasoning is required

DTI up to 55%

Min FICO 620; for I/O Min. FICO 680 & FTHB no allowed

Up to 80% СLTV

Owner-occupied, second home, and investment properties

Cash-in-hand: No limitation for CLTV <55% & min FICO 680; $1,000,000 for CLTV from 55% to 65% or CLTV>65 & min FICO 700 or CLTV <=55 & FICO <680; $500,000 for CLTV >65% & FICO <700

Gift funds are allowed, the borrower must contribute at least 20% from their own funds with a maximum of 80% CLTV. Gift funds are not allowed for CLTV above 80%

Mortgage history: 0x30x12 and 0x90x24 for Super Prime, 0x60x12 for Prime

Min. 12 months out of credit event

Eligible property types: SFR, townhomes, condo warrantable/non-warrantable, condotel, 2-4 units (not available for 2nd home), PUD, SFR rural, short-term rentals, leasehold

Various fixed terms, 5/6 & 7/6 ARM terms

120 months of I/O period, 240/360 months of amortization, qualified at amortized PITIA payment after I/O period

Eligible citizenship: US citizenship, Permanent & Non-Permanent Resident, ITIN

Eligible borrowers: Individuals, LLCs/Corp without a hit

Asset Utilization

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#Yes to self-employed

FHA High Balance

VA Standard