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Austin Asset Depletion Mortgages

High-net-worth buyers in Austin can qualify for a mortgage on assets alone. LendFriend Mortgage converts investment, retirement, and trust holdings into qualifying income, with asset depletion financing up to $10M for homes in Austin, West Lake Hills, and Lakeway.

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What is an Asset Depletion Loan?

An asset depletion loan qualifies you for a mortgage based on your liquid assets rather than traditional income, W-2s, or tax returns. Retirees, high-net-worth borrowers, investors, and buyers with significant savings or brokerage balances are often the strongest fit for the program.

Rather than weighing monthly income alone, lenders review your eligible assets and convert a portion of those funds into qualifying income. That calculation helps borrowers with strong finances but limited taxable income qualify for a home loan in Austin.

Why Austin Buyers Work With LendFriend for Asset Depletion Mortgages

Austin wealth often lives in equity rather than salary. Tech founders, employees with vested company stock, venture and private equity professionals, and business owners can hold substantial assets in brokerage accounts, company shares, and deferred compensation while reporting modest taxable income under conventional mortgage guidelines.

LendFriend Mortgage specializes in asset depletion mortgages that convert eligible assets into qualifying monthly income, giving high-net-worth Austin borrowers a way to qualify without leaning on W-2 income or tax returns.

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Asset Depletion Mortgage Specialists

LendFriend has originated more than $1B in mortgages over the last 5 years, with asset depletion files making up a core share of that volume. Austin buyers work with a team that knows which programs count which assets before the file is ever submitted.

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Qualify Without Tax Returns

Your assets carry the approval. Brokerage accounts, retirement funds, pensions, annuities, savings, and investment portfolios establish eligibility, and no traditional income documentation is required.

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Financing Up to $10 Million

Buying a high-value home in Austin or West Lake Hills? LendFriend Mortgage uses investment and retirement assets to qualify you for larger loan amounts through jumbo asset depletion mortgage programs.

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Fast Austin Pre-Approvals

Pre-approval can be completed in as little as 24 hours, and qualified borrowers can close in as few as 14 days. Our team keeps the process moving so buyers across the Austin area can make strong offers and close on schedule.

What Austin Borrowers Gain From an Asset Depletion Mortgage

Asset depletion mortgages help high-net-worth buyers qualify for a home while keeping more of their wealth invested. Eligible assets are converted into qualifying monthly income, so the approval does not hinge on salary or tax-return income.

For buyers comparing home loans in Austin, that structure makes it easier to:

  • Put investment and retirement assets to work in mortgage qualification
  • Buy a high-value home without liquidating a large share of a portfolio
  • Keep cash and investments available for future business or personal opportunities
  • Qualify when income is variable, deferred, or hard to document through traditional underwriting
  • Finance a primary residence, second home, or investment property

For founders, executives, investors, and other high-net-worth borrowers, a Texas asset depletion mortgage converts accumulated wealth into real purchasing power while long-term investments stay in place.

Who Can Qualify for an Austin Asset Depletion Mortgage?

Austin is full of founders, early startup employees, investors, and business owners whose net worth runs well ahead of their taxable income. Asset depletion mortgages serve borrowers with significant eligible assets who would struggle to qualify on conventional income documentation alone.

  • Tech founders and early employees holding vested company stock, RSUs, or proceeds from a recent funding round
  • Venture and private equity professionals compensated through carry and distributions rather than a predictable salary
  • Retirees and financially independent borrowers drawing on investment and retirement portfolios instead of W-2 earnings
  • Business owners after an exit with sale proceeds sitting in brokerage, retirement, or cash accounts
  • Trust beneficiaries whose assets or distributions are hard to document under conventional guidelines
  • High-net-worth real estate investors who keep enough liquid assets to qualify through an asset depletion program

Borrowers whose wealth is concentrated in real estate have another route. A no-ratio mortgage leans on real estate equity, reserves, credit, and mortgage history without calculating a traditional debt-to-income ratio. Our guide to asset depletion vs. no-ratio loans walks through which structure fits best based on where your wealth sits.

Across the Austin area, LendFriend Mortgage helps asset-rich borrowers match their financial profile to the right mortgage program and the property they want to finance.

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Asset Depletion Mortgages Across the Austin Area

Austin draws founders, relocating executives, investment professionals, and retirees who often arrive with substantial portfolios and very little W-2 income. Asset depletion mortgages fit buyers across Austin, West Lake Hills, Rollingwood, Barton Creek, Lakeway, Bee Cave, The Hills, Spicewood, Dripping Springs, Driftwood, Wimberley, Sunset Valley, Cedar Park, Leander, Round Rock, Georgetown, Pflugerville, Horseshoe Bay, and Marble Falls.

These programs cover primary residences, second homes, and higher-value properties, including jumbo asset depletion loans for loan amounts above conforming limits.

Asset depletion also works for certain refinance transactions, letting homeowners reach equity or restructure a mortgage when conventional income documentation understates their financial strength. Borrowers can explore additional home loans in Texas, and our asset depletion programs are available across Texas for buyers and homeowners outside the Austin area.

How the Austin Asset Depletion Mortgage Process Works

LendFriend walks Austin homebuyers through each step of the asset depletion process and positions the file for the strongest approval under Fannie Mae, Freddie Mac, and Non-QM guidelines.

Step 1: Identify Eligible Assets

We begin by reviewing the assets that can be used for qualification. This includes checking and savings accounts, CDs, brokerage accounts, stocks, bonds, mutual funds, IRAs, and 401(k)s. In some cases, real estate holdings or business equity may also be considered, depending on the program.

Step 2: Apply Asset Valuation

Lenders do not use the full value of every asset. Instead, they apply a conservative percentage based on liquidity and market volatility. Use our Asset Depletion Mortgage Calculator to estimate how your assets may qualify for an Austin mortgage.

Step 3: Convert Assets Into Monthly Income

Your eligible assets are divided over a standard period, typically 60 to 120 months, to create a monthly qualifying income. This income is then used to determine your debt-to-income ratio and loan eligibility, allowing you to qualify without W-2s, pay stubs, or tax returns.

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Stronger Negotiating Position when Buying a Home 

The equity in your current home is accessed and used as a downpayment on your new home; meaning no sales contingency required! Sellers HATE sales contingencies. Without a sales contingency, your offer is stronger, increasing your chances of buying your next home with ease.

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Get the Highest and Best Sale Price

Without feeling pressured to sell quickly, you can wait for the best offer on your current home. List your home at the best time, market it effectively, and attract more competitive offers. With no rush, you can negotiate better terms and get the highest selling price.

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Reduced Stress

Don't worry about finding temporary housing or organizing multiple moves. Avoid the chaos of having to coordinate the sale of your current home and the purchase of a new one. Transition smoothly from one home to another and reduce stress or anxiety, making the moving process more manageable and organized.

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Time for Improvements

Make necessary renovations or updates to your new property before you move in. Painting, remodeling, or other improvements would be more challenging if you were already living there. Moving into a freshly updated home (instead of living in it during renovations) is just so much nicer!

Get Approved for an Austin Asset Depletion Mortgage Today

Talk with a LendFriend mortgage expert and start your approval.

What Our High Net Worth Clients Say About Us

5/5 Star Reviews on Google, Zillow, and Experience.

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  • Michael, Morgan, and Crystal were absolutely fantastic. Their communication was clear, their response time was incredibly fast, and they handled every step of the process with professionalism and care. Michael was outstanding, and the entire team made the experience smooth and stress-free from start to finish. I truly appreciate the level of service they provided and highly recommend them.
    D Day
    Closed March 2026
  • I had a phenomenal experience working with Eric, Morgan, and Crystal at LendFriend and cannot recommend them enough. They helped me secure a 30 year fixed rate mortgage enabling me to purchase an amazing home for my family. I reached out through their website contact form on a Saturday night, and Eric connected with me the very next morning (Sunday) to discuss asset depletion mortgages and my goals. Later that afternoon, I attended an open house, fell in love with the property, and Eric expeditiously helped me get prequalified, just in time to submit an offer before the sellers decided. They chose mine! From there, I worked with Eric, Morgan, and Crystal throughout the process. Communication was excellent, everything was explained clearly, and the overall experience was smooth... It was an amazing experience from start to finish and I truly felt they would move heaven and earth to get me the financing I needed.
    J
    Closed September 2025
  • I had been looking for a house for 2-3 years and while it was a journey as a business owner with a difficult financial situation this company did what 6 others could not. They got me a jumbo loan based off my business income and when I needed more they just made it happen twice. This process of funding can be extremely difficult and basically a blow to the ego but Eric and his team are literally magicians and my fiancee and I are now closed on out dream house. I recommend them whole heartedly
    Shawn Tassone, MD, PhD
    Closed April 2025
  • LendFriend is the only place to go for mortgage brokerage services. Their unparalleled technical knowledge, relationships with a wide array of lenders, and outstanding service make them the absolute best place to secure your next mortgage.
    Robert Daake
    Closed March 2025
  • LendFriend was such a wonderful partner in the process of buying our first home. They were so helpful and patient in giving us guidance, and their availability to communicate was next-to-none. I can't recommend them highly enough!
    Hunter Hampton
    Closed February 2025
  • The team at LendFriend was outstanding! They made the entire home-buying and closing process so much easier to navigate. Even with all the paperwork and details involved, they were always available to answer questions and kept everything moving smoothly. Thanks to their support, we were able to close on our dream home with confidence.
    James Hardee
    Closed September 2025
ASSET DEPLETION CALCULATOR

See How Much Mortgage Your Assets Could Support

Use our Asset Depletion Mortgage Calculator to estimate how your savings, investment accounts, retirement funds, and other eligible assets could be used to qualify for a mortgage without relying entirely on traditional income.

Calculate Your Buying Power
LendFriend Asset Depletion Mortgage Calculator

FAQs About Austin Asset Depletion Loans

Which assets count toward an Austin asset depletion mortgage?

Eligible assets typically include brokerage accounts, savings, CDs, stocks, bonds, mutual funds, and retirement accounts such as IRAs and 401(k)s, along with certain other liquid investments. Some programs also consider cryptocurrency, business assets, or other holdings, though the countable percentage of each asset varies by program. For borrowers with larger portfolios and higher loan amounts, our jumbo loan options provide additional flexibility for financing higher-value homes.

Will I need W-2s or tax returns at any point?

Many asset depletion programs qualify you without W-2s, pay stubs, or tax returns, since approval rests primarily on eligible assets, credit, reserves, and the overall loan profile. If you have self-employment income you want considered, we can evaluate whether combining income sources strengthens your qualification. Business owners can also estimate usable deposit income with our bank statement loan calculator.

How do lenders turn my assets into qualifying income?

The lender applies program-specific rules to your eligible assets and converts a portion of them into monthly qualifying income. A common approach divides the usable asset balance over a fixed period, often 60 to 120 months. Haircuts may apply to retirement accounts, stocks, or other investments, so the amount on an account statement can differ from the amount used for qualification.

Can I buy a home in Austin with no employment income?

Yes. Asset depletion mortgages work especially well for borrowers with significant wealth but little or no current employment income, including retirees, investors, former executives, and founders following a liquidity event. Eligible assets supply the qualifying income for the mortgage without requiring a current W-2 job.

What is the maximum asset depletion mortgage in Austin?

Qualified borrowers may be able to finance several million dollars, and certain programs offer loan amounts up to $10 million depending on assets, credit, reserves, property type, and other underwriting requirements. Buyers weighing a larger purchase can use our mortgage calculator to estimate principal and interest payments before reviewing exact asset depletion terms with LendFriend.

Can I use an asset depletion mortgage for a cash-out refinance in Austin?

Yes. Austin homeowners can use an asset depletion mortgage for a cash-out refinance, accessing home equity without qualifying through traditional W-2 or tax-return income. The cash available depends on factors such as property value, eligible assets, credit profile, reserves, and program guidelines.

Do I have to sell investments to qualify?

No. Your investments remain fully invested. The lender uses the balances only to calculate qualifying income.

Which property types qualify for an Austin asset depletion mortgage?

Asset depletion financing is available for primary residences, second homes, and certain investment properties, including higher-value single-family homes and condominiums. Eligibility varies by program, occupancy, property type, and loan amount. Buyers still shaping their overall purchase budget can use our home affordability calculator for an initial estimate.

What credit score do I need for an asset depletion mortgage?

Most asset depletion programs require a 680 credit score or higher. Stronger credit widens your program options and improves pricing, and LendFriend reviews your profile up front so the file goes to a program that fits.

How much down payment does an Austin asset depletion mortgage require?
Down payment requirements vary by loan amount, credit profile, property type, reserves, and the specific asset depletion program. Some borrowers qualify with relatively low down payments, while larger loan amounts may call for more equity. The same factors that shape jumbo loan down payment requirements also influence the options available with an asset depletion mortgage.

Why Work With an Austin HNW Mortgage Broker Who Understands Asset-Based Lending?

LendFriend Mortgage is a broker, not a bank, so Austin buyers get access to 40+ wholesale lenders and the asset depletion guidelines each one accepts rather than a single institution's overlays. Our team specializes in mortgages for high-net-worth individuals who want asset depletion loans, jumbo loans, and non-QM mortgages, and we are the mortgage broker in Austin those buyers call when a bank has already said no.

LendFriend holds a 5.0 Google rating across 560+ reviews, and our process makes it straightforward to compare loan options, get pre-approved, and close quickly. Call (512) 881-5099 to talk through your assets before you write an offer.

Around the Clock

We’re available 7 days a week, 365 days a year to help you compare rates, explore asset-based lending options, and move forward confidently, whether you're buying, refinancing, or upgrading.

Asset-Based Mortgage Solutions for High-Net-Worth Borrowers

Our asset depletion mortgage programs allow you to qualify based on your assets, not traditional income, so you can secure the home you want without compromise or delay.

Get Pre-Approved Quickly

Apply online to get pre-approved for an asset-based loan in minutes. It’s the fastest way to strengthen your offer and move forward with confidence.

Competitive Rates with No Hidden Fees

We help you secure competitive asset depletion loans with fair, transparent pricing, no junk fees, no unnecessary points, just financing that reflects your financial strength.

Personalized Mortgage Guidance

You’ll work one-on-one with a dedicated mortgage expert who specializes in asset-based loans and will guide you through the best-fit programs based on your net worth and financial strategy.

Close in just 3 Weeks

Our process is built for speed. Most asset-based loans and non-QM mortgage products can close in just 3 weeks, often faster than conventional financing.

Austin Asset Depletion Loan Insights

Our Learning Center covers Austin asset depletion mortgages, high-net-worth home financing, buying a home, and refinancing in Texas. Explore some of our most useful guides below to understand how asset depletion loans work and which mortgage options may fit your financial profile.

 

Get a custom rate quote on an Austin asset depletion mortgage in under 2 minutes!