Eligible assets are adjusted according to the lender’s guidelines and divided over a required term to produce monthly qualifying income. The calculation may vary by asset type, borrower age, liquidity, and the loan program used for the jumbo mortgage request.
Jumbo Asset Depletion Loans for High-Net-Worth Borrowers
LendFriend Mortgage helps high-net-worth borrowers qualify for jumbo mortgages using investment accounts, retirement funds, and cash reserves instead of traditional income. We offer portfolio-based loan options, large loan amounts, and fast approvals for complex financial profiles.
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.
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Luxury financing for high-value properties. We arrange jumbo asset depletion mortgages for primary residences, second homes, luxury condominiums, waterfront estates, and custom homes.
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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.
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Loan amounts up to $10 million. Qualified borrowers can finance multimillion-dollar properties while preserving liquidity for investments, estate planning, business opportunities, and reserves.
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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.
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Fast approvals for complex financial profiles. Our team understands large portfolios, multiple account types, concentrated holdings, and sophisticated financial profiles.
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Trusted nationwide. LendFriend has earned more than 500+ five-star Google reviews from high-net-worth borrowers, retirees, executives, investors, and business owners.
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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.
Jumbo Asset Depletion Loans We’ve Closed After Other Lenders Said No
We help high-net-worth borrowers secure jumbo asset depletion mortgages using eligible investment accounts, retirement funds, cash reserves, and digital assets. Our team works with complex portfolios and large loan amounts to find financing that reflects the borrower’s full financial strength. These are real scenarios with names and identifying details changed for privacy.
$3M Purchase in Austin, Texas
The file: The borrower wanted to purchase a $3 million home but held much of their wealth in stocks and Bitcoin rather than traditional monthly income.
What LendFriend did: Used an asset depletion jumbo loan that recognized the borrower’s investment portfolio and eligible digital assets.
Outcome: Secured a $2.5 million asset depletion mortgage and closed on the Austin property.
$2.5M Refinance in Naples, Florida
The file: The homeowner wanted to access additional equity from a $4 million property while qualifying primarily through substantial assets.
What LendFriend did: Arranged a jumbo asset depletion refinance based on the borrower’s portfolio and overall financial profile.
Outcome: Closed a $2.5 million cash-out refinance, including an additional $1 million to invest in the stock market.
$3.5M Refinance in Buckhead, GA
The file: The borrower wanted a $3.5 million cash-out refinance on a $7 million home in Buckhead but not have traditional income to qualify for the loan.
What LendFriend did: Used the property’s substantial equity to secure a no-ratio asset depletion mortgage based on the strength of the borrower’s overall financial profile.
Outcome: Closed the $3.5 million refinance and unlocked significant equity from the Buckhead property without relying on monthly income calculations.
$12M Purchase in Newport Beach, CA
The file: The borrower was purchasing a $12 million single-family home in Newport Beach and needed large-balance financing aligned with a sophisticated asset profile.
What LendFriend did: Secured a jumbo asset depletion mortgage with an adjustable-rate option suited to the borrower’s liquidity and ownership strategy.
Outcome: Closed a $7 million ARM and got the borrower across the finish line on the $12 million Newport Beach purchase.
How Do Asset Depletion Loans Work for Jumbo Mortgages?
Secure a jumbo asset depletion loan in three clear steps. LendFriend Mortgage reviews your eligible assets, calculates qualifying monthly income, and matches your financial profile with large-balance financing up to $10 million.
1. Submit Your Asset Statements
Provide recent statements for brokerage accounts, retirement funds, cash reserves, and other eligible assets. We review ownership, account balances, liquidity, vesting requirements, withdrawal restrictions, and any pledged or borrowed funds to determine which assets may be used.
2. We Calculate Your Qualifying Income
3. Get Approved for Your Jumbo Loan
We match the borrower’s portfolio with a jumbo asset depletion program offering fixed-rate and adjustable-rate options. Qualified clients can use asset-based income for luxury home purchases, refinances, and cash-out transactions while preserving flexibility across their broader financial portfolio.
Get a Asset Depletion Mortgage Rate Quote
Documents Required for Asset Depletion Loans
You will need a focused set of documents to verify your assets, liquidity, and eligibility for the loan.
Asset Statements: Recent statements for brokerage accounts, retirement funds, savings accounts, and other eligible assets
Government-Issued ID: A valid driver’s license or passport
Proof of Account Ownership: Documentation confirming the assets belong to the borrower or an eligible trust
Retirement Account Access: Evidence of withdrawal eligibility when retirement funds are used for qualification
Real Estate Documents: Purchase contract for a home purchase or current mortgage statement for a refinance
Additional Financial Documents: Records for large deposits, pledged assets, restricted accounts, or other items requiring clarification
Sophisticated Jumbo Asset Depletion Financing
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.
Ready for a Jumbo Mortgage Based on Your Assets?
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.
What High-Net-Worth Borrowers Say About Our Jumbo Asset Depletion Loans
5/5 Star Reviews on Google, Zillow, and Experience.
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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 -
I am so grateful for Micheal and his team. As a first time homebuyer with multiple businesses, I was very nervous about the loan process. Anyone who’s self employed knows loan processes for us are more extensive but LendFriend made it an ease. From getting a great rate to closing, they made clear communication and were extremely helpful .... They are truly amazing people to have on your team. Thank you Micheal, Morgan and Crystal.
Annie Momin
Closed September 2024 -
LendFriend has been an outstanding lending partner, reliable, transparent, and incredibly easy to work with. Their team made the entire process smooth from start to finish, always available to answer questions and guide us through each step. I highly recommend LendFriend to anyone looking for a trustworthy and efficient lender.
Trung Nguyen
Closed June 2025 -
I had a great experience working with Eric and his team @ LendFriend. As a CEO/business owner my personal finances can be complex. Eric was able to bring me a tailored solution that met my needs without making the process unnecessarily clunky or painful. I highly recommend Eric and his team if you’re looking for alternative solutions with great rates.
Andrew Didier
Closed August 2024 -
LendFriend made my homebuying experience so easy. As a business owner, I heard horror stories about how hard it can be for guys like me to get a mortgage. Thankfully I found LendFriend. Eric and the team had me approved in no time. My rate was great and they closed on time. Couldn’t ask for more
David Marino
Closed May 2025
FAQs: Jumbo Asset Depletion Loans
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.
Where can I find lenders for jumbo asset depletion loans?
LendFriend Mortgage works with a nationwide network of lenders offering jumbo asset depletion programs for luxury home purchases, refinances, and cash-out transactions. We match the borrower’s portfolio, property, loan amount, and goals with an appropriate large-balance program.
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.
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. Approval depends on the property value, requested loan amount, available assets, credit profile, and the lender’s cash-out guidelines.
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.
Learn More About Asset Depletion Mortgages
Our Learning Center gives you access to everything you need to know about jumbo asset depletion mortgages, from eligible assets and qualifying calculations to loan amounts, reserve requirements, underwriting, and refinancing. Read some of our favorite jumbo asset depletion mortgage articles below.
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