NON-QM Loans
Maximize your resources and minimize waste with Asset Utilization - the secret weapon of successful businesses.
What is an Asset Utilization Loan?
An Asset Utilization Loan is a mortgage option that allows borrowers to qualify based on their liquid assets instead of traditional income verification methods like W-2s or tax returns. This loan is ideal for retirees, high-net-worth individuals, self-employed borrowers, or those with substantial savings who may not have regular monthly income but have sufficient financial resources.
Why consider an Asset Utilization Loan?
For borrowers with significant assets but limited or unconventional income, an asset utilization loan provides financial flexibility to secure a mortgage. Key benefits include:
- No W-2s or tax returns required – Qualify using bank accounts, investments, or retirement funds.
- High loan amounts available – Ideal for luxury homebuyers or those purchasing high-value properties.
- Use liquid assets instead of employment income – Lenders calculate affordability based on investment portfolios, savings, and retirement funds.
- Flexible underwriting guidelines – Suitable for retirees, business owners, and high-net-worth individuals.
- Available for both home purchases and refinancing – Allows borrowers to leverage their assets for real estate financing.
An Asset Utilization Loan helps borrowers leverage their wealth to secure home financing, even without traditional monthly income.
How Asset Utilization Loans Work
Instead of relying on income statements or tax returns, asset utilization loans allow borrowers to use liquid assets like savings, investment accounts, and retirement funds as proof of financial stability.
How Do You Qualify for an Asset Utilization Loan?
- Borrowers must have substantial liquid assets (cash, stocks, bonds, or retirement funds).
- Lenders typically require a minimum of 12-24 months’ worth of assets to cover mortgage payments.
- No traditional employment verification required – Assets act as the borrower’s qualifying "income."
- Minimum credit score requirements vary by lender, but a 680+ score is often preferred.
- Down payment requirements range from 10-30%, depending on loan size and financial strength.
What Assets Qualify?
Lenders use various liquid and semi-liquid assets to determine mortgage eligibility, including:
Checking & savings accounts
Stocks, bonds, and mutual funds (typically 70% of value is considered)
Retirement accounts (401(k), IRA, pension funds) (usually 60-70% of value is counted)
Certificates of deposit (CDs) and money market accounts
Who Should Consider an Asset Utilization Loan?
This loan is ideal for:
- Retirees and high-net-worth individuals who want to qualify based on savings rather than earned income.
- Self-employed borrowers or business owners with fluctuating income but significant financial reserves.
- Real estate investors who have large asset holdings but limited monthly cash flow.
- Luxury homebuyers who need higher loan amounts based on investment portfolios.
With flexible income verification, competitive loan terms, and high loan limits, asset utilization loans provide a smart financing solution for individuals with significant assets looking to purchase or refinance real estate.
Your Goals. Your Home. Your Brightside.
Home financing should feel empowering, not overwhelming. At Brightside Mortgage, we’re committed to helping you achieve homeownership with confidence, clarity, and peace of mind. Let’s turn your homeownership dreams into reality—together.
