— NON-QM LOAN PROGRAMS
Asset-Based
Loan Programs
When your wealth is measured in assets, not a paycheck, your mortgage qualification should reflect that. Pacific Home Loans has been structuring asset-based and asset depletion loans for high-net-worth borrowers since 2018.
— ABOUT NON-QM LOANS
Asset-Based
Loan Programs
High-net-worth individuals, retirees, and investors often face a counterintuitive challenge: substantial wealth but limited traditional income documentation. Conventional mortgage underwriting is built around monthly paychecks and W-2s, a framework that doesn’t reflect how many financially successful people actually manage their money.
Asset-based loans solve this by treating what you own as your qualification. Pacific Home Loans has been closing asset depletion and asset-based mortgage programs since 2018, working with borrowers whose balance sheets tell a far more compelling story than any tax return ever could.
— PROGRAM DETAILS
How Asset-Based
Loans Work
Asset-based qualification converts your accumulated wealth into an imputed monthly income stream. Rather than requiring employment income or business revenue, underwriting focuses on the depth and liquidity of your asset position.
Qualification may be based on:
The total qualifying asset figure is divided across a defined period to produce a monthly income equivalent used for underwriting.
Expanded Asset Qualification Approach
Most lenders limit asset qualification to liquid accounts. Pacific Home Loans takes a more comprehensive view of your balance sheet.
Real Estate Equity Consideration
We may consider the equity in your real estate holdings as part of the overall asset qualification calculation. For borrowers with significant property portfolios, this can meaningfully increase qualifying income and open doors that standard liquid-asset-only programs cannot.
Combining Multiple Asset Sources
Borrowers are not limited to a single asset category. We can combine liquid accounts, retirement funds, brokerage portfolios, and real estate equity into a comprehensive asset picture that reflects your full financial strength. This flexibility is built on years of experience structuring asset-based files for sophisticated borrowers.
All programs remain subject to underwriting guidelines and investor overlays.
— PROGRAM DETAILS
Who Asset-Based Loans
Are Designed For
This program is the right fit for borrowers whose wealth is real – but not easily expressed through a pay stub:
- Retirees with substantial investment or retirement account balances
- High-net-worth individuals who live off investment income, distributions, or portfolio draws
- Business owners who have accumulated significant personal wealth outside of reportable income
- Real estate investors with large equity positions across multiple properties
- Borrowers who want to preserve tax strategies without letting them limit mortgage qualification
Eligible Property Types
Asset-based programs can be applied to primary residences, second homes, investment properties, and condominium properties subject to project eligibility. For resort or non-warrantable condominium projects:
→ PrimeResort™ Condo Financing
When Additional Structuring May Be Needed
For transactions involving very high loan amounts, cross-collateralization strategies, or complex multi-asset structures, portfolio lending solutions may provide additional flexibility beyond standard asset-based program parameters.
— SPECIALIZED FINANCING
Asset-Based Loans vs
Other Non-QM Programs
Asset-based loans work best when your qualification story lives on your balance sheet. Depending on your situation, other programs may complement or better serve your needs:
- Bank Statement Loans – when active business income and cash flow are the stronger story
- DSCR Loans – when the investment property itself generates qualifying rental income
- Foreign National Loans – when you are a non-U.S. citizen purchasing U.S. real estate
Compliance & Qualification Notes
Asset-based loans are non-agency mortgage products that require full underwriting review. They are subject to investor guidelines and overlays, may include reserve requirements, and may apply discount factors to certain asset types. Qualification depends on asset documentation, property eligibility, and program guidelines.
