# The Asset Utilization Program

By Shea Sherman (@sheasherman) · Published 2026-09-14

Canonical: https://voce.com/@sheasherman/asset-utilization-program-zs4ggo

---

Borrowers with strong assets may qualify for a mortgage without using employment income. **The Asset Utilization program** lets qualified borrowers turn eligible assets into qualifying monthly income — without selling or withdrawing a thing.

## Who Is This For?

Need more income to qualify for a full-documentation loan? Asset utilization may provide the additional qualifying income needed to reach the purchase price of the home you want.

Traditional income does not always tell the full story. Our Asset Utilization program allows qualified borrowers to use eligible assets as income — **without selling or withdrawing those assets**.

## Ideal For

-   Self-employed borrowers
    
-   Business owners and entrepreneurs
    
-   Retirees
    
-   Investors
    
-   Borrowers with limited traditional income
    

## Program Highlights

-   Loan amounts from **$75,000 to $4 million**
    
-   Minimum **620 FICO**
    
-   Up to **80% CLTV**
    
-   Debt-to-income ratio up to **55%**
    
-   Only **three months of asset seasoning**
    
-   Minimum **three months of reserves**
    
-   Gift funds allowed
    
-   Credit events may be allowed after 12 months
    
-   LLC or corporation vesting available without a pricing adjustment
    

## How Income Is Calculated

Eligible assets are divided by **60 months** to create qualifying monthly income:

-   **100%** of cash and money-market accounts
    
-   **100%** of eligible public securities
    
-   **80%** of eligible retirement accounts
    

Assets are used to show the ability to repay the loan.

Borrowers do **not** have to sell or withdraw the assets.

## Eligible Assets May Include

-   Checking and savings accounts
    
-   Money-market accounts
    
-   Certificates of deposit
    
-   Stocks, bonds, and mutual funds
    
-   401(k) and IRA accounts
    
-   Other eligible liquid investments
    

## Eligible Properties

-   Primary residences
    
-   Second homes
    
-   Investment properties
    
-   Single-family homes
    
-   Rural homes
    
-   Townhomes and PUDs
    
-   Warrantable and non-warrantable condos
    
-   Condotels
    
-   Two- to four-unit properties
    
-   Short-term rentals
    
-   Leasehold properties
    

_Two- to four-unit properties are not eligible as second homes._

## Eligible Borrowers

-   U.S. citizens
    
-   Permanent residents
    
-   Non-permanent residents
    
-   ITIN borrowers
    
-   Individuals
    
-   LLCs and corporations
    

## Flexible Loan Options

-   30-year fixed
    
-   40-year fixed
    
-   5/6 ARM
    
-   7/6 ARM
    
-   Up to 10 years of interest-only payments