Asset-rich and income-light? Qualify on your savings and investments instead of a paycheck.
Retirees, near-retirees and high-net-worth borrowers often have substantial assets but little “qualifying” monthly income on paper. An asset depletion (asset-based) loan converts your eligible liquid assets into a qualifying income stream — so your portfolio does the talking.
We shop lenders whose asset-based formulas are most generous for your mix of savings, brokerage and retirement accounts, so you borrow comfortably without liquidating what you've built.
Qualify on your nest egg without a W-2 — no need to draw down just to satisfy a lender.
Strong balance sheet, irregular income? Let assets carry the file.
Finance a primary or second home while keeping investments intact.
A 10-minute call or the contact form: how you're paid, your goals, and the property. No credit pull to start.
As a brokerage we match your file to specialty lenders built for it — not one bank's single guideline.
You get a clear path: the program, the documents, and the timeline, with a licensed loan officer on your file.
We manage underwriting to the finish line and hand you off to a smooth closing day.
No. The lender uses a formula on your eligible assets to derive qualifying income — your accounts stay invested.
Typically liquid savings, brokerage and (often discounted) retirement accounts. We'll review your statements and estimate the qualifying figure.
Yes — many programs blend asset-based income with Social Security, pension or part-time income.
No. Anyone asset-heavy and income-light — a business owner between ventures, for example — can use it.
Yes, on qualifying programs. To buy a home you'll live in, asset depletion follows our consumer lending footprint (Rhode Island, Massachusetts, Pennsylvania, Florida and Alabama). Structured as a business-purpose investor loan, the available footprint can be wider — ask us about your scenario and the property.
“When I was faced with the most challenging deal of my career, Atlantic Mortgage found a way to make it happen. They went way out of their way to help my buyer… we weren’t just another file.”
— Joe H., real estate agent“Second time using Mike for our mortgage process — by far the best person to handle it, answer any question, and make the entire experience stress-free!”
— Heather S.“As our mortgage broker he was exceptional. Every step of the way he explained everything clearly, was very responsive, and patient with us as first-time home buyers.”
— Vanessa S.Tell us your scenario and a licensed loan officer — not a call center — will follow up, usually the same day. No credit pull to start.
All loans are subject to credit approval and program guidelines; availability varies by program.
Start a secure application online, or call our Wakefield office — a licensed loan originator answers, not a call center.