The Texas Mortgage Pros Launches Asset Depletion (Asset Qualifier) Loans for Texas Homebuyers and Investors
The Texas Mortgage Pros, NMLS #2665861, has introduced Asset Depletion Loans (also known as Asset Qualifier Loans), a modern Non-Qualified Mortgage (Non-QM) option built for creditworthy borrowers whose financial strength lies more in their assets than in traditional W-2 income.
This new program helps Texans qualify for home financing by converting eligible, verifiable assets into an income stream for underwriting purposes. Instead of being constrained by what shows up on a tax return, borrowers can leverage their real net worth to buy or refinance a home anywhere in the state.
This approach is especially powerful for high-net-worth retirees who have substantial savings and investments but relatively low annual income. With an Asset Depletion Loan, they can finance a home much like a traditional mortgage without having to sell or liquidate their portfolios.
"Traditional underwriting often overlooks strong asset positions when tax-return income does not tell the full story," said Jason Turner, NMLS #286357, Mortgage Broker at The Texas Mortgage Pros. "Our Asset Depletion program recognizes real financial strength by translating liquid assets into qualifying income, bringing clarity, flexibility, and speed to borrowers who deserve it."
What Is an Asset Depletion (Asset Qualifier) Loan?
An Asset Depletion Loan is a Non-QM mortgage where eligible, liquid assets, such as cash, savings, marketable securities, and other verifiable funds, are used to calculate an equivalent monthly income for loan qualification.
Rather than relying primarily on W-2s, tax returns, or traditional employment documentation, the lender evaluates the borrower's asset base and applies program formulas to convert a portion of those assets into qualifying income under established guidelines.
The program serves several key borrower profiles: retirees with substantial nest eggs but limited monthly income; self-employed professionals and entrepreneurs whose tax-efficient returns understate their actual earning power; high-net-worth individuals with significant liquid holdings; and investors or commission-based earners with variable or non-traditional income histories. For these groups, Asset Depletion Loans can provide a more accurate reflection of purchasing power and help them compete in markets like Houston, Dallas-Fort Worth, Austin, San Antonio, El Paso, the Hill Country, and other Texas communities.
Key Features & Advantages
Key advantages of the program include the ability to convert assets into qualifying income, alternative documentation that relies on asset statements rather than complex tax-return analysis, and flexibility for different property types, including primary residences, second homes, and, where eligible, investment properties. Program structures may include both fixed-rate and adjustable-rate options, with interest-only features available on select Non-QM offerings. Underwriting follows a common-sense, risk-aware approach in line with Non-QM guidelines.
General Eligibility Snapshot
General eligibility typically requires strong, liquid, and verifiable assets sufficient to support the requested loan amount, minimum reserve requirements that vary by program and property type, a credit profile consistent with Non-QM standards, and reasonable loan-to-value (LTV) and debt-to-income (DTI) ratios based on overall risk. Final approval is always subject to full underwriting review and complete program guidelines. In practice, borrowers use Asset Depletion Loans for purchases, refinances, and portfolio-building strategies, aligning their financing with their broader asset and investment plans.
How the Process Works
The process is structured to be clear and guided. The Texas Mortgage Pros begins by reviewing borrower goals, property scenarios, and asset profiles to determine the best course of action. Borrowers then provide recent statements for checking, savings, brokerage, and other eligible accounts. Underwriting applies program rules to convert a qualifying portion of those assets into monthly income. Once the loan structure is finalized and approved, the file moves toward clear-to-close with support from the team at each step.
About The Texas Mortgage Pros
The Texas Mortgage Pros is a Texas-based mortgage broker focused on providing real-world lending solutions tailored to today's diverse borrower profiles. The company offers a full range of loan programs, including Conventional, FHA, VA, and USDA mortgages, as well as Non-QM products such as Bank Statement Loans, DSCR Loans, and Asset Depletion Loans. By combining experienced loan advisors with efficient processes and deep local market knowledge, the firm helps clients compete and close with confidence throughout the Lone Star State.
For program details, eligibility guidance, and application steps for Asset Depletion Loans, interested parties can visit https://thetexasmortgagepros.com/loans/non-qualified-mortgage/asset-depletion/.
Media inquiries may be directed to Jason Turner, NMLS #286357, Mortgage Broker, via email at [email protected] or by phone at (877) 280-4833. Additional information about the company and its services is available at thetexasmortgagepros.com.
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