{"id":15238,"date":"2025-05-28T10:43:20","date_gmt":"2025-05-28T15:43:20","guid":{"rendered":"https:\/\/www.morty.com\/resources\/?p=15238"},"modified":"2025-05-28T12:07:24","modified_gmt":"2025-05-28T17:07:24","slug":"asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","status":"publish","type":"post","link":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","title":{"rendered":"Asset Depletion Mortgages 101: How to Qualify Using Assets Instead of Income"},"content":{"rendered":"\n<p>Not every borrower has a steady paycheck\u2014and that doesn\u2019t mean they\u2019re not qualified for a mortgage. Asset depletion loans, a type of <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/loan-officers\/product-playbook\/what-is-a-non-qm-mortgage\">non-QM mortgage<\/a>, allow loan officers to qualify borrowers based on their liquid assets instead of their income. These loans are ideal for clients who are asset-rich but may not have regular monthly earnings that fit the conventional DTI box.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What Is an Asset Depletion Mortgage?<\/h3>\n\n\n\n<p>An asset depletion mortgage allows a borrower to use their financial assets\u2014such as cash, investments, or retirement accounts\u2014as income for the purpose of qualifying for a mortgage. Rather than evaluating W-2s or <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/money-matters\/self-employed-homebuying-guide\">self-employed income documentation<\/a>, lenders apply a formula to the borrower\u2019s assets to calculate a qualifying income stream.<\/p>\n\n\n\n<p>These loans are offered by many wholesale and non-agency lenders and fall under the category of non-QM (non-qualified mortgage) products.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Who Are These Loans For?<\/h3>\n\n\n\n<p>Asset depletion loans are a great option for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Retirees living off savings or investment income<\/li>\n\n\n\n<li>High-net-worth individuals with minimal taxable income<\/li>\n\n\n\n<li>Self-employed borrowers with volatile or hard-to-document earnings<\/li>\n\n\n\n<li>Clients who have recently sold a business or real estate and are holding liquid funds<\/li>\n<\/ul>\n\n\n\n<p>Many of these borrowers may not qualify for conventional loans due to low reportable income, even if they have millions in reserves. <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/money-matters\/self-employed-homebuying-guide\">Self-employed clients<\/a> in particular often benefit from this structure when business deductions reduce their taxable income.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">How Asset Depletion Is Calculated<\/h3>\n\n\n\n<p>Lenders use a standard formula to determine how much income a borrower\u2019s assets can represent. Typically, they divide the total eligible asset balance by the loan term in months.<\/p>\n\n\n\n<p><strong>For example:<\/strong><br>If a borrower has $1.2 million in liquid, verifiable assets and the loan term is 30 years (360 months), their qualifying income might be calculated as:<br><strong>$1,200,000 \u00f7 360 = $3,333\/month<\/strong><\/p>\n\n\n\n<p>That monthly income can then be used to evaluate the borrower\u2019s debt-to-income ratio. <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/money-matters\/how-to-calculate-debt-to-income-ratio\">Learn how to calculate DTI.<\/a><\/p>\n\n\n\n<p><strong>What counts as eligible assets?<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Checking and savings accounts<\/li>\n\n\n\n<li>Non-retirement brokerage accounts<\/li>\n\n\n\n<li>Retirement funds (often discounted by 30\u201340%)<\/li>\n\n\n\n<li>Trust funds or annuities (if liquid and documented)<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Benefits of Asset Depletion Loans<\/h3>\n\n\n\n<p>These loans open up new paths to homeownership and investment for borrowers who might otherwise be overlooked by traditional underwriting. Here\u2019s why asset depletion loans are a powerful option:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Let borrowers qualify based on real wealth, not just income<\/li>\n\n\n\n<li>Bypass the complexity of <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/money-matters\/self-employed-homebuying-guide\">self-employed income documentation<\/a><\/li>\n\n\n\n<li>Avoid issues tied to recent business changes or investment income volatility<\/li>\n\n\n\n<li>Can enable larger loan amounts than traditional DTI-based methods<\/li>\n\n\n\n<li>Provide flexibility for high-credit, low-income borrowers<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">What to Watch Out For<\/h3>\n\n\n\n<p>Not all asset types qualify equally. Lenders may:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Discount retirement account balances if borrower is under 59\u00bd<\/li>\n\n\n\n<li>Require reserves in addition to depletion funds<\/li>\n\n\n\n<li>Exclude illiquid or restricted accounts<\/li>\n\n\n\n<li>Require explanation or documentation of recent asset changes<\/li>\n<\/ul>\n\n\n\n<p>It\u2019s also important to confirm that the borrower won\u2019t rely on future income or asset sales to repay the loan, as non-QM underwriting is based on present financial ability. Lenders need to ensure the borrower can meet monthly obligations without needing to liquidate assets mid-loan or anticipate future earnings.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Borrower Scenario: The Retired Investor With Minimal Income<\/h3>\n\n\n\n<p>Take Janet, a 67-year-old retiree with $1.8 million in brokerage and retirement accounts. She has no pension or W-2 income, but she wants to purchase a $700,000 condo in Florida.<\/p>\n\n\n\n<p>Using the lender\u2019s formula:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Total assets: $1,800,000<\/li>\n\n\n\n<li>Eligible income: $1,800,000 \u00f7 360 = $5,000\/month<\/li>\n<\/ul>\n\n\n\n<p><strong>Matched with:<\/strong> Asset depletion loan<br><strong>Why it\u2019s a good fit:<\/strong> Janet doesn\u2019t need to pull from her investments immediately and avoids being penalized for not having taxable income. Her strong credit and down payment make this a low-risk deal.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Offering Asset Depletion Through Morty<\/h3>\n\n\n\n<p>At Morty, we make it easy to offer asset depletion loans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Our <a class=\"\" href=\"https:\/\/www.morty.com\/products\/point-of-sale\">Point-of-Sale<\/a> captures detailed asset information up front<\/li>\n\n\n\n<li>Our <a class=\"\" href=\"https:\/\/www.morty.com\/products\/processing-fulfillment\">processing and fulfillment team<\/a> understands the nuances of these deals<\/li>\n\n\n\n<li><a class=\"\" href=\"https:\/\/www.morty.com\/products\/rosey-ai\">Rosey AI<\/a> can answer real-time questions about eligible asset types, loan structures, and lender guidelines<\/li>\n\n\n\n<li>Our <a class=\"\" href=\"https:\/\/www.morty.com\/products\/lender-network\">lender network<\/a> includes top non-QM providers with competitive asset depletion products<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">FAQs<\/h3>\n\n\n\n<p><strong>Can I combine asset depletion with other income types?<\/strong><br>Yes. Borrowers can blend asset-based income with self-employment income, rental income, or even Social Security.<\/p>\n\n\n\n<p><strong>Do retirement accounts count?<\/strong><br>They often do, but some lenders apply a discount to account for early withdrawal penalties or tax exposure.<\/p>\n\n\n\n<p><strong>How much in assets is typically needed?<\/strong><br>Depends on the loan size and PITIA, but many lenders want to see at least $500K\u2013$1M in liquid, verifiable assets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why Asset Depletion Is Gaining Traction<\/h3>\n\n\n\n<p>As more clients seek flexibility in qualifying\u2014especially in a higher-rate, post-pandemic lending environment\u2014non-QM options like asset depletion are becoming essential for brokers looking to grow. These borrowers may not fit traditional molds, but they often bring high credit scores, large down payments, and overall financial stability to the table.<\/p>\n\n\n\n<p>Asset depletion allows you to serve a demographic that is growing: baby boomers retiring with investment income, tech workers with equity proceeds, and entrepreneurs with wealth tied up in cash or short-term assets.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Morty Advantage: Built for Edge Cases<\/h3>\n\n\n\n<p>Unlike traditional lenders, who may hesitate with non-standard scenarios, Morty is built to support edge-case loans at scale:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a class=\"\" href=\"https:\/\/www.morty.com\/resources\/loan-officers\/why-choose-morty\/compliant-ai-answers-at-scale\">Rosey helps you get answers fast<\/a> about qualification and lender fit<\/li>\n\n\n\n<li>Our <a class=\"\" href=\"https:\/\/www.morty.com\/products\/processing-fulfillment\">fulfillment infrastructure<\/a> is designed for complex borrower types like asset depletion or <a class=\"\" href=\"https:\/\/www.morty.com\/resources\/money-matters\/self-employed-homebuying-guide\">self-employed<\/a><\/li>\n\n\n\n<li>We\u2019re seeing more LOs succeed by bringing non-QM options to their networks, and our platform is set up to help you grow<\/li>\n<\/ul>\n\n\n\n<p>If you&#8217;re ready to expand into asset depletion lending, we\u2019re here to help\u2014from <a>quoting<\/a> and <a class=\"\" href=\"https:\/\/www.morty.com\/products\/point-of-sale\">submission<\/a> to close.<\/p>\n\n\n\n<div class=\"wp-block-leadin-hubspot-form-block\">\n\t\t\t\t\t\t<script>\n\t\t\t\t\t\t\twindow.hsFormsOnReady = window.hsFormsOnReady || [];\n\t\t\t\t\t\t\twindow.hsFormsOnReady.push(()=>{\n\t\t\t\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\t\t\t\tportalId: 21078423,\n\t\t\t\t\t\t\t\t\tformId: \"2f48f9c8-57c5-470f-a774-c6e8a6623707\",\n\t\t\t\t\t\t\t\t\ttarget: \"#hbspt-form-1788914937000-1360510438\",\n\t\t\t\t\t\t\t\t\tregion: \"na1\",\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t})});\n\t\t\t\t\t\t<\/script>\n\t\t\t\t\t\t<div class=\"hbspt-form\" id=\"hbspt-form-1788914937000-1360510438\"><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Not every borrower has a steady paycheck\u2014and that doesn\u2019t mean they\u2019re not qualified for a&#8230;<\/p>\n","protected":false},"author":1,"featured_media":15256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_lmt_disableupdate":"","_lmt_disable":"","_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[690,914],"tags":[921,915],"series":[],"class_list":["post-15238","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan-officers","category-product-playbook","tag-asset-depletion-loans","tag-non-qm"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Asset Depletion Loans 101 for Brokers| Morty Resources<\/title>\n<meta name=\"description\" content=\"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Asset Depletion Loans 101 for Brokers| Morty Resources\" \/>\n<meta property=\"og:description\" content=\"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\" \/>\n<meta property=\"og:site_name\" content=\"Morty Resources\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/HiMorty\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-05-28T15:43:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-05-28T17:07:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Nora Apsel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@himorty\" \/>\n<meta name=\"twitter:site\" content=\"@himorty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nora Apsel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\"},\"author\":{\"name\":\"Nora Apsel\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046\"},\"headline\":\"Asset Depletion Mortgages 101: How to Qualify Using Assets Instead of Income\",\"datePublished\":\"2025-05-28T15:43:20+00:00\",\"dateModified\":\"2025-05-28T17:07:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\"},\"wordCount\":939,\"publisher\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp\",\"keywords\":[\"Asset Depletion Loans\",\"non-QM\"],\"articleSection\":[\"Loan Officers\",\"Product Playbook\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\",\"url\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\",\"name\":\"Asset Depletion Loans 101 for Brokers| Morty Resources\",\"isPartOf\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp\",\"datePublished\":\"2025-05-28T15:43:20+00:00\",\"dateModified\":\"2025-05-28T17:07:24+00:00\",\"description\":\"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage\",\"url\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp\",\"contentUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp\",\"width\":1920,\"height\":1080,\"caption\":\"Asset Depletion Loans\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Resources\",\"item\":\"https:\/\/www.morty.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Loan Officers\",\"item\":\"https:\/\/www.morty.com\/resources\/category\/loan-officers\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Asset Depletion Mortgages 101: How to Qualify Using Assets Instead of Income\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.morty.com\/resources\/#website\",\"url\":\"https:\/\/www.morty.com\/resources\/\",\"name\":\"Morty Resources\",\"description\":\"Mortgage resources\",\"publisher\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.morty.com\/resources\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.morty.com\/resources\/#organization\",\"name\":\"Morty\",\"url\":\"https:\/\/www.morty.com\/resources\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp\",\"contentUrl\":\"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp\",\"width\":1293,\"height\":516,\"caption\":\"Morty\"},\"image\":{\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/HiMorty\/\",\"https:\/\/x.com\/himorty\",\"https:\/\/www.linkedin.com\/company\/morty-inc.\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046\",\"name\":\"Nora Apsel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.morty.com\/resources\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g\",\"caption\":\"Nora Apsel\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Asset Depletion Loans 101 for Brokers| Morty Resources","description":"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","og_locale":"en_US","og_type":"article","og_title":"Asset Depletion Loans 101 for Brokers| Morty Resources","og_description":"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.","og_url":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","og_site_name":"Morty Resources","article_publisher":"https:\/\/www.facebook.com\/HiMorty\/","article_published_time":"2025-05-28T15:43:20+00:00","article_modified_time":"2025-05-28T17:07:24+00:00","og_image":[{"width":1920,"height":1080,"url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp","type":"image\/webp"}],"author":"Nora Apsel","twitter_card":"summary_large_image","twitter_creator":"@himorty","twitter_site":"@himorty","twitter_misc":{"Written by":"Nora Apsel","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#article","isPartOf":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income"},"author":{"name":"Nora Apsel","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046"},"headline":"Asset Depletion Mortgages 101: How to Qualify Using Assets Instead of Income","datePublished":"2025-05-28T15:43:20+00:00","dateModified":"2025-05-28T17:07:24+00:00","mainEntityOfPage":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income"},"wordCount":939,"publisher":{"@id":"https:\/\/www.morty.com\/resources\/#organization"},"image":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage"},"thumbnailUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp","keywords":["Asset Depletion Loans","non-QM"],"articleSection":["Loan Officers","Product Playbook"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","url":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income","name":"Asset Depletion Loans 101 for Brokers| Morty Resources","isPartOf":{"@id":"https:\/\/www.morty.com\/resources\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage"},"image":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage"},"thumbnailUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp","datePublished":"2025-05-28T15:43:20+00:00","dateModified":"2025-05-28T17:07:24+00:00","description":"Asset depletion loans allow borrowers to qualify using assets instead of income. Learn how they work and how to offer them with Morty.","breadcrumb":{"@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#primaryimage","url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp","contentUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp","width":1920,"height":1080,"caption":"Asset Depletion Loans"},{"@type":"BreadcrumbList","@id":"https:\/\/www.morty.com\/resources\/loan-officers\/asset-depletion-mortgages-101-how-to-qualify-using-assets-instead-of-income#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Resources","item":"https:\/\/www.morty.com\/resources\/"},{"@type":"ListItem","position":2,"name":"Loan Officers","item":"https:\/\/www.morty.com\/resources\/category\/loan-officers"},{"@type":"ListItem","position":3,"name":"Asset Depletion Mortgages 101: How to Qualify Using Assets Instead of Income"}]},{"@type":"WebSite","@id":"https:\/\/www.morty.com\/resources\/#website","url":"https:\/\/www.morty.com\/resources\/","name":"Morty Resources","description":"Mortgage resources","publisher":{"@id":"https:\/\/www.morty.com\/resources\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.morty.com\/resources\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.morty.com\/resources\/#organization","name":"Morty","url":"https:\/\/www.morty.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/","url":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp","contentUrl":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/cropped-morty-logo.webp","width":1293,"height":516,"caption":"Morty"},"image":{"@id":"https:\/\/www.morty.com\/resources\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/HiMorty\/","https:\/\/x.com\/himorty","https:\/\/www.linkedin.com\/company\/morty-inc."]},{"@type":"Person","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/b2240f410dcc926390e8592cf8b62046","name":"Nora Apsel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.morty.com\/resources\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1a4a032cbf16a58120495e159080fe9f?s=96&d=mm&r=g","caption":"Nora Apsel"}}]}},"modified_by":"Nora Apsel","taxonomy_info":{"category":[{"value":690,"label":"Loan Officers"},{"value":914,"label":"Product Playbook"}],"post_tag":[{"value":921,"label":"Asset Depletion Loans"},{"value":915,"label":"non-QM"}]},"featured_image_src_large":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-1024x576.webp",1024,576,true],"author_info":{"display_name":"Nora Apsel","author_link":"https:\/\/www.morty.com\/resources\/author\/nora"},"comment_info":0,"category_info":[{"term_id":690,"name":"Loan Officers","slug":"loan-officers","term_group":0,"term_taxonomy_id":690,"taxonomy":"category","description":"","parent":0,"count":90,"filter":"raw","cat_ID":690,"category_count":90,"category_description":"","cat_name":"Loan Officers","category_nicename":"loan-officers","category_parent":0},{"term_id":914,"name":"Product Playbook","slug":"product-playbook","term_group":0,"term_taxonomy_id":914,"taxonomy":"category","description":"","parent":690,"count":9,"filter":"raw","cat_ID":914,"category_count":9,"category_description":"","cat_name":"Product Playbook","category_nicename":"product-playbook","category_parent":690}],"tag_info":[{"term_id":921,"name":"Asset Depletion Loans","slug":"asset-depletion-loans","term_group":0,"term_taxonomy_id":921,"taxonomy":"post_tag","description":"","parent":0,"count":3,"filter":"raw"},{"term_id":915,"name":"non-QM","slug":"non-qm","term_group":0,"term_taxonomy_id":915,"taxonomy":"post_tag","description":"","parent":0,"count":14,"filter":"raw"}],"featured_image_src":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-600x400.webp","featured_image_src_square":"https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-600x600.webp","rttpg_featured_image_url":{"full":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp",1920,1080,false],"landscape":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp",1920,1080,false],"portraits":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp",1920,1080,false],"thumbnail":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-150x150.webp",150,150,true],"medium":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-300x169.webp",300,169,true],"large":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-1024x576.webp",1024,576,true],"1536x1536":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-1536x864.webp",1536,864,true],"2048x2048":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp",1920,1080,false],"gb-block-post-grid-landscape":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-600x400.webp",600,400,true],"gb-block-post-grid-square":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-600x600.webp",600,600,true],"yarpp-thumbnail":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion-120x120.webp",120,120,true],"rt_custom":["https:\/\/www.morty.com\/resources\/wp-content\/uploads\/2025\/05\/8.-Asset-Depletion.webp",1920,1080,false]},"rttpg_author":{"display_name":"Nora Apsel","author_link":"https:\/\/www.morty.com\/resources\/author\/nora"},"rttpg_comment":0,"rttpg_category":"<a href=\"https:\/\/www.morty.com\/resources\/category\/loan-officers\" rel=\"category tag\">Loan Officers<\/a> <a href=\"https:\/\/www.morty.com\/resources\/category\/loan-officers\/product-playbook\" rel=\"category tag\">Product Playbook<\/a>","rttpg_excerpt":"Not every borrower has a steady paycheck\u2014and that doesn\u2019t mean they\u2019re not qualified for a...","_links":{"self":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/comments?post=15238"}],"version-history":[{"count":2,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15238\/revisions"}],"predecessor-version":[{"id":15248,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/posts\/15238\/revisions\/15248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/media\/15256"}],"wp:attachment":[{"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/media?parent=15238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/categories?post=15238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/tags?post=15238"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/www.morty.com\/resources\/wp-json\/wp\/v2\/series?post=15238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}