Purchase mortgages documented on savings, not paychecks
Downsizing. Moving near the grandkids. Finally getting the place by the water. Banks say "insufficient income" — specialist lenders read your savings as income and close the loan. No job required.
What kind of move is this?
Two minutes · No credit check · No obligation · No pushy calls
You did everything right: paid off the house, built the nest egg, retired on schedule. Then you tried to buy a smaller place near your daughter, and the bank declined you — because standard underwriting only reads monthly income, and money you haven't started withdrawing doesn't count. Meanwhile your neighbor's 30-year-old with a salary and two credit cards got approved in a week. The fix is a loan program that reads assets directly. They exist, they're regulated, and banks don't advertise them.
The lender divides your eligible savings and investments over the loan term — that becomes your income on paper. Nothing about your actual withdrawals or accounts changes.
Example: $750,000 in savings ÷ 240 months ≈ $3,125/month of qualifying income — before adding Social Security.
Many lenders count Social Security at up to 125% of the check because it isn't fully taxed. Add a pension or regular IRA distributions and plenty of retirees qualify conventionally — at the cheapest rates — and were simply never told.
Because asset programs don't hinge on a tight debt-to-income squeeze, many retirees close on the new home before selling the old one — no double move, no storage unit, no accepting a lowball offer under deadline pressure.
A simplified look at the asset-depletion math lenders use. Real programs vary — a specialist confirms your exact number.
Roughly $0 per month of qualifying income — before adding Social Security or pension on top.
Two minutes · No credit check · No obligation
Yes. Asset depletion programs turn savings into qualifying income, and Social Security, pensions, and regular distributions count too. Age can never legally be the reason for a denial.
Not necessarily. Asset-based qualification often lets you buy the new home first and sell afterward — skipping the double move and the pressure to take a low offer on a deadline.
Yes — often at up to 125% of the check amount, because it isn't fully taxed. Pensions, annuities, and regular retirement-account distributions count as well.
Yes. Federal law prohibits denying or shortening a loan because of age. A 30-year term at 75 is legal and common.
Asset-based purchase programs commonly want 20–30% down; retirees who qualify conventionally on Social Security and pension income can put down much less. Home-sale proceeds routinely cover it.
No. Our questions never touch your credit report. A credit check only happens later, if and when you choose to move forward with a specialist.
Two minutes · No credit check · No obligation