Jumbo Asset Depletion Loans Up to $10M

Why High-Net-Worth Borrowers Trust LendFriend With Jumbo Asset Depletion Loans

LendFriend Mortgage specializes in large-balance asset depletion loans for borrowers purchasing or refinancing luxury real estate. We help qualified clients secure jumbo financing up to $10 million using investment accounts, retirement assets, cash reserves, and overall net worth.

Luxury financing for high-value properties. We arrange jumbo asset depletion mortgages for primary residences, second homes, luxury condominiums, waterfront estates, and custom homes.
Qualification based on eligible assets. Lenders convert qualifying account balances into monthly income, making these programs ideal for retirees, investors, entrepreneurs, and high-net-worth borrowers.
Loan amounts up to $10 million. Qualified borrowers can finance multimillion-dollar properties while preserving liquidity for investments, estate planning, business opportunities, and reserves.
Portfolio-based income options. We work with lenders that consider brokerage accounts, retirement funds, cash holdings, and other eligible assets when evaluating jumbo mortgage qualification.
Fast approvals for complex financial profiles. Our team understands large portfolios, multiple account types, concentrated holdings, and sophisticated financial profiles.
Trusted nationwide. LendFriend has earned more than 500+ five-star Google reviews from high-net-worth borrowers, retirees, executives, investors, and business owners.
Fixed-rate and adjustable-rate jumbo options. Choose from 30-year fixed mortgages and 5/1, 7/1, or 10/1 jumbo ARMs based on your ownership timeline, liquidity goals, and long-term financial plans.

$3M Purchase in Austin, Texas

The borrower wanted to buy a $3M home while keeping most of their wealth invested in stocks and Bitcoin. We used a jumbo asset depletion loan that recognized their investment portfolio and eligible digital assets, securing a $2.5M mortgage for the purchase.

$2.5M Refinance in St. Petersburg, Florida

The homeowner wanted to access equity from a $4M property while qualifying primarily through substantial assets. We arranged a $2.5M jumbo asset depletion cash-out refinance, including approximately $1M in additional proceeds to invest in the stock market.

$3.5M Refinance in Buckhead, Georgia

The borrower wanted a $3.5M cash-out refinance on a $7M home but did not have enough traditional monthly income to qualify. We used a his retirement accounts and overall financial profile to close the $3.5M refinance without relying on traditional income calculations.

$12M Purchase in Avalon, NJ

The borrower was purchasing a $12M home and needed financing suited to a substantial asset portfolio. We secured a $7M jumbo ARM using an asset-based qualification strategy and closed the Avalon purchase.

The Borrower Profile for a Jumbo Asset Depletion Mortgage

Many buyers in the country’s highest-priced markets hold seven and eight-figure investment portfolios alongside compensation that leans heavily on equity, RSUs, carried interest, or business distributions. Conventional underwriting struggles with that compensation shape. A jumbo asset depletion mortgage works by qualifying on the portfolio itself.

Markets like Palm Beach, Greenwich, Short Hills, Highland Park, Winnetka, and McLean see prices that conventional income qualification cannot easily support, particularly for executives whose annual W-2 is a small fraction of total compensation. Jumbo asset depletion loans bridge that gap and let buyers close on a Naples waterfront estate, a Fairfield County property, a Bergen County home, or a Lake Michigan shoreline residence without selling positions to prove income.

Jumbo asset depletion mortgages are a strong fit for:

Executives whose income arrives primarily through stock vesting, RSUs, or partnership distributions
Founders and self-employed professionals carrying significant business equity and complex tax returns
Retirees and relocating buyers bringing substantial liquid net worth into a new market

With a jumbo asset depletion mortgage, your net worth qualifies the loan, and your investment portfolio keeps doing what it was built to do.

Jumbo Asset Depletion Loans Across the Country

Our jumbo asset depletion clients rarely confine their search to a single market, and the qualification method travels with them. The same portfolio that supports a Palm Beach or Naples purchase through a Florida asset depletion loan may also qualify a primary residence in Short Hills or Alpine through a New Jersey asset depletion loan.

Along the Northeast corridor, families weighing Greenwich or Darien against Bergen County can rely on a Connecticut asset depletion loan with the same eligible assets and reserve requirements. Executives based around Washington who are buying in McLean or Great Falls can do the same with a Virginia asset depletion loan.

Further inland, buyers closing on a Winnetka or Lincoln Park home may qualify through an Illinois asset depletion loan, and executives relocating to Highland Park, West Lake Hills, or River Oaks can finance the move with a Texas asset depletion loan.

Whether the transaction is a primary residence, a second home, or a cash-out refinance on a property you already own, the financing can be settled before you make an offer in any state where LendFriend is licensed.

Qualifying for a large mortgage requires a lender that understands substantial assets and complex financial profiles. LendFriend Mortgage specializes in jumbo asset depletion loans for high-net-worth borrowers purchasing or refinancing luxury homes.

Portfolio-based income for jumbo qualification
We use eligible brokerage accounts, retirement funds, cash reserves, and other assets to calculate qualifying income for a large-balance mortgage.

Fixed-rate and ARM options aligned with your plans
Choose from 30-year fixed mortgages and 5/1, 7/1, or 10/1 jumbo ARMs based on your expected ownership timeline, liquidity priorities, and broader wealth strategy.

Large-balance financing for premium properties
Our jumbo asset depletion loan programs support luxury condominiums, custom homes, waterfront estates, primary residences, and second homes in markets such as Austin, Palm Beach, Newport Beach, and Chicago.

LendFriend helps high-net-worth borrowers secure large-balance financing using eligible investment accounts, retirement funds, cash reserves, and other assets. We arrange jumbo asset depletion loans for luxury purchases, rate-and-term refinances, and cash-out refinances.

We review the borrower’s portfolio and full financial profile early to identify the right asset depletion program and keep time-sensitive transactions moving. Our clients include retirees, investors, executives, entrepreneurs, and other asset-rich borrowers in markets such as Palm Beach, Austin, Newport Beach, Chicago, Charlotte, and Atlanta. With more than 500 five-star Google reviews, LendFriend is trusted for responsive communication, sophisticated jumbo financing, and dependable closings.

“Financing a home with acreage and unconventional retirement income can be overwhelming, but LendFriend Mortgage made the process smooth from beginning to end.

They were always quick to respond, answered every question we had, and explained each step in a way that was easy to understand. We always had direct access to the people actually working on our loan, which made the experience much less stressful.

What really stood out was that even after the loan funded, they continued helping and making sure we understood the next steps. There was never a feeling of ‘the loan closed, good luck.’

We truly appreciated the patience, communication, and support throughout the entire process and would absolutely recommend LendFriend Mortgage, especially for anyone with a unique financial situation or rural property purchase.”

“The team did a great job from start to finish. It was a pleasure working with them.”

“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.

Eric called regularly with updates on potential lenders, rates, and more. 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.

Thank you, Eric, Morgan, Crystal, and the entire LendFriend team!”

“My husband just retired and we are officially snowbirds thanks to Lend Friend. We just bought a winter home in Boca. Everyone was so lovely to work with. Eric, Crystal and Morgan answered all our questions and made sure we were comfortable from start to finish.

Im so excited for all my grandchildren to visit me during the holidays.”

“I’m in early retirement and currently have no traditional income, and I needed a loan to purchase a new home. I assumed getting financing under those circumstances was going to be extremely difficult, if not impossible.

LendFriend made what seemed impossible surprisingly simple. They understood my situation, found a way to make the loan work, and most importantly, got everything closed on time.”

“For the past two years I have been contemplating buying a home. I was referred to Lendfriend mortgage and when I say the experience from start to finish was an awesome experience. The WHOLE TEAM was there for me.

The Professionalism and support was truly unbeatable. 100% recommending Lendfriends mortgage.”

How do jumbo asset depletion loans work?

A lender reviews eligible assets such as brokerage accounts, retirement funds, cash reserves, and other liquid holdings. After applying program-specific adjustments, the remaining balance is converted into monthly qualifying income for the jumbo mortgage.

Can I use crypto as an asset for an asset depletion mortgage?

Yes. Certain crypto mortgages use an asset depletion method that converts eligible Bitcoin and Ethereum holdings into qualifying monthly income. This can also be used with jumbo loans for higher-priced homes, helping borrowers qualify for larger loan amounts without selling or locking up their crypto. Borrowers whose Bitcoin and Ethereum need to support a larger balance can qualify through a jumbo crypto mortgage.

Which mortgage brokers offer large asset depletion loans?

Look for a mortgage broker with experience handling high-net-worth borrowers, complex portfolios, multimillion-dollar properties, and non-QM jumbo loans. LendFriend specializes in asset depletion financing for borrowers with substantial investment and retirement assets.

Can I get a quick approval for a jumbo asset depletion loan?

Yes. LendFriend can close qualified jumbo asset depletion loans in as little as 14 days when asset statements, property documents, identification, and supporting financial records are provided early. We review the file upfront, confirm the asset calculation, and address potential underwriting issues before they can delay closing.

Can investment account balances be used to qualify for an expensive property?

Yes. Eligible brokerage accounts, retirement funds, savings, and other liquid assets may be used to calculate qualifying income for a high-value home. The amount available depends on the asset type, account ownership, liquidity, and lender guidelines.

What is portfolio-based income for a mortgage?

Portfolio-based income allows a lender to use eligible financial assets to calculate monthly qualifying income. This can help retirees, investors, executives, entrepreneurs, and other high-net-worth borrowers qualify for a jumbo mortgage based on the strength of their portfolio.

What should I look for in a jumbo asset depletion lender?

Focus on experience with large loan amounts, eligible asset types, liquidity requirements, fixed-rate and ARM options, reserve requirements, property eligibility, and processing speed. The lender should also understand concentrated holdings, retirement accounts, trusts, and complex financial profiles.

How do asset depletion jumbo loans differ from standard income-verified mortgages?

Asset depletion loans calculate income from eligible account balances over a defined period. Standard mortgages rely more heavily on recurring documented earnings. Asset depletion can be especially useful when a borrower’s wealth is held primarily in investments, retirement accounts, or cash reserves. Self-employed borrowers whose income runs through business deposits may be better served by a jumbo bank statement loan, and a primary-residence buyer with strong equity but limited documentable income may fit a jumbo no-ratio loan.

What are the advantages of using asset depletion for a jumbo mortgage?

Asset depletion can expand qualification options, support large loan amounts, and allow borrowers to use substantial assets without liquidating an entire portfolio. It can also work well for purchases, rate-and-term refinances, and cash-out refinances.

Can jumbo asset depletion loans be used for a cash-out refinance?

Yes. Qualified borrowers may use an asset depletion program to refinance a high-value property and access equity through a jumbo cash-out refinance. Approval depends on the property value, requested loan amount, available assets, credit profile, and the lender’s cash-out guidelines. When the new loan amount falls within conforming limits, a standard cash-out refinance may use the same asset review.

What fixed-rate and ARM options are available?

Jumbo asset depletion programs may offer 30-year fixed mortgages along with 5/1, 7/1, and 10/1 adjustable-rate mortgages. The best option depends on the expected ownership timeline, liquidity priorities, and long-term financial plans.