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
Your specialist shops your file across a 90+ lender network, including
Wholesale and TPO lending relationships available to brokers in the network. All names are trademarks of their respective owners; no endorsement or affiliation is implied.
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.
Want the deeper mechanics? LumoLend's asset depletion loan guide walks through which accounts count and how the monthly math works, and if you're buying before you sell, their free HELOC calculator shows what a line on your current home could unlock.
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
The bridge between houses
The cleanest buy-before-you-sell tool we know: open a line on the home you're leaving, write a strong offer on the one you're buying, and repay the line the day your old house closes. No double move, no storage unit, no deadline-pressured sale.
Two minutes · No credit check · No obligation
"We bought the house near our daughter before ours even listed. The equity bridge made the whole move painless."
"Approved on our savings at 69, closed in 26 days. The bank we'd used for forty years said no in ten minutes."
"The transition line let us take the right offer on our old place instead of the fast one. Worth every basis point."
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.
Yes. Our sister site LumoLend has free, no-login mortgage calculators and 40+ plain-English guides, with live scenario pricing. Explore at your own pace — nobody calls unless you ask.
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