Skip to content
Apply Now

Asset Depletion Mortgages in Dallas

LendFriend Mortgage is a mortgage broker in Dallas, Texas that structures asset depletion mortgages for high-net-worth buyers. Investment, retirement, and trust assets become qualifying income, with financing up to $10M for homes in Dallas, Highland Park, and Southlake.

Get A Quote Schedule a Call

What is an Asset Depletion Loan?

An asset depletion loan lets you qualify for a mortgage using your liquid assets instead of traditional income, W-2s, or tax returns. This can be a great option for retirees, high-net-worth borrowers, investors, and buyers with significant savings or investment accounts.

Instead of focusing only on monthly income, lenders review eligible assets and convert a portion of those funds into qualifying income. This helps borrowers with strong finances but limited taxable income qualify for a home loan in Dallas.

Why Dallas Buyers Choose LendFriend for Asset Depletion Mortgages

Many Dallas buyers have significant wealth but income that does not fit neatly into conventional mortgage guidelines. Executives, business owners, private equity professionals, and real estate investors may hold substantial assets in investment accounts, company stock, deferred compensation, or other liquid holdings while reporting less traditional income.

LendFriend Mortgage specializes in asset depletion mortgages that can convert eligible assets into qualifying monthly income. This gives high-net-worth Dallas borrowers another way to qualify for a mortgage without depending primarily on W-2 income or tax returns.

Expert (1)

Asset Depletion Mortgage Specialists

LendFriend has originated more than $1B in mortgages over the last 5 years, and asset depletion files are a core part of that volume. Dallas buyers get a team that knows which programs count which assets before the file is ever submitted.

NO docs (1)

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.

Cash bag

Financing Up to $10 Million

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

Email Icons (3)-1

Fast Dallas Pre-Approvals

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

How Dallas Borrowers Benefit From Asset Depletion Mortgages

Asset depletion mortgages can help high-net-worth buyers qualify for a home while keeping more of their wealth invested. Instead of relying primarily on salary or tax-return income, eligible assets can be converted into qualifying monthly income for the mortgage.

For buyers looking for home loans in Dallas, this can make it easier to:

  • Use investment and retirement assets to support mortgage qualification
  • Purchase a high-value home without selling a significant portion of a portfolio
  • Preserve liquidity for future business, investment, or personal opportunities
  • Qualify when income is variable, deferred, or difficult to document through traditional underwriting
  • Finance a primary residence, second home, or investment property

For executives, business owners, investors, and other high-net-worth borrowers, a Texas asset depletion mortgage can turn accumulated wealth into meaningful purchasing power while allowing long-term investments to remain in place.

Who Qualifies for a Dallas Asset Depletion Mortgage?

Dallas has a deep concentration of executives, investors, business owners, and real estate professionals whose wealth may be substantial even when their taxable income does not reflect it. Asset depletion mortgages are designed for borrowers with significant eligible assets who may have difficulty qualifying based on conventional income documentation alone.

  • Private equity and investment-firm partners whose income may include carry, bonuses, and distributions rather than a predictable salary
  • Corporate executives with substantial company stock, investment accounts, and deferred compensation
  • Retirees and financially independent borrowers drawing from investment and retirement portfolios instead of W-2 earnings
  • Business owners after a sale or liquidity event holding substantial proceeds in brokerage, retirement, or cash accounts
  • Trust beneficiaries with significant assets or distributions that may be difficult to document under conventional guidelines
  • High-net-worth real estate investors who also maintain sufficient liquid assets to qualify through an asset depletion program

Borrowers whose wealth is concentrated primarily in real estate may have another option. A no-ratio mortgage can allow qualification based more heavily on factors such as 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 explains which approach may make more sense depending on where your wealth is held.

Across the Dallas area, LendFriend Mortgage helps asset-rich borrowers identify the mortgage program that best fits their financial profile and the property they want to finance.

Get a Dallas Asset Depletion Mortgage Rate Quote

Dallas Area Markets for Asset Depletion Mortgages

Dallas–Fort Worth attracts relocating executives, business owners, investment professionals, and retirees who may arrive with substantial portfolios but limited traditional employment income. Asset depletion mortgages can be a strong fit for buyers across Dallas, Fort Worth, Plano, Frisco, Southlake, Colleyville, Westover Hills, University Park, Highland Park, Prosper, Celina, McKinney, Allen, Flower Mound, Grapevine, Coppell, Keller, Argyle, Trophy Club, and Westlake.

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

Asset depletion can also be used for certain refinance transactions, giving homeowners another way to access equity or adjust their mortgage when conventional income documentation does not reflect their full financial strength. Borrowers can explore additional home loans in Texas, while our asset depletion programs are available across Texas for buyers and homeowners outside the Dallas–Fort Worth area.

The Dallas Asset Depletion Mortgage Approval Process

LendFriend guides Dallas 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 a Dallas 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.

3-Sep-02-2024-03-11-26-3988-PM

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.

4-3

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.

1-1

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.

2-4

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 a Dallas 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.

Stars
  • 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 Dallas Asset Depletion Loans

Which assets count toward a Dallas asset depletion mortgage?

Eligible assets can include brokerage accounts, savings, CDs, stocks, bonds, mutual funds, retirement accounts such as IRAs and 401(k)s, and certain other liquid investments. Some programs may also consider cryptocurrency, business assets, or other holdings, although the percentage of each asset that can be counted 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 be asked for W-2s or tax returns at any point?

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

How is qualifying income calculated from my assets?

The lender applies program-specific rules to your eligible assets and converts a portion of those assets 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 shown on an account statement may differ from the amount ultimately used for qualification.

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

Yes. Asset depletion mortgages are particularly useful for borrowers who have significant wealth but little or no current employment income, including retirees, investors, former executives, and business owners following a liquidity event. Eligible assets can provide the qualifying income needed for the mortgage without requiring a current W-2 job.

How large can an asset depletion mortgage be in Dallas?

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

Does an asset depletion mortgage work for a cash-out refinance in Dallas?

Yes. Dallas homeowners can use an asset depletion mortgage for a cash-out refinance, allowing them to access home equity without qualifying through traditional W-2 or tax-return income. The amount of 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 stay fully invested. The lender uses the balances only to calculate qualifying income.

Which property types are eligible for a Dallas asset depletion mortgage?

Asset depletion financing can be 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 evaluating their overall purchase budget can use our home affordability calculator to get 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 do I need for a Dallas asset depletion mortgage?
Down payment requirements vary by loan amount, credit profile, property type, reserves, and the specific asset depletion program. Some borrowers may qualify with relatively low down payments, while larger loan amounts may require more equity. The same factors that affect jumbo loan down payment requirements can also influence the options available with an asset depletion mortgage.

Why Work With a Dallas HNW Mortgage Broker Who Knows Asset-Based Lending?

LendFriend Mortgage is a broker, not a bank, which means Dallas buyers get access to 40+ wholesale lenders and the asset depletion guidelines each one will accept instead of a single institution's overlays. Our team specializes in mortgages for high-net-worth individuals who want asset depletion loans and non-QM mortgages, and we are the mortgage broker in Dallas 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.

Confidence comes with learning...

And our Learning Center gives you access to everything you need to know about asset depletion mortgages, buying a home and refinancing your mortgage. Read some of our favorite articles below.

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