ENTERING ORBIT…
ENTERING ORBIT…
Asset-depletion (asset-utilization) programs convert liquid wealth into qualifying income by amortizing the portfolio over a fixed term — built for borrowers who are rich on the balance sheet and quiet on the 1040.
MEMBERS GET ANSWERS FROM REAL INVESTOR GUIDELINES — WITH CITATIONS
The orbit briefing
Retirees, recent business sellers, trust beneficiaries, and FIRE-movement savers share a profile: seven figures of assets, negligible taxable income. Asset depletion divides eligible assets by a divisor (measured in months) to synthesize monthly income — no employment, no returns-driven DTI fight.
The whole negotiation is the divisor and the haircuts. Cash counts near-fully; securities take a percentage haircut; retirement accounts depend on age and access. Two investors can derive incomes 40% apart from the identical statement stack.
How assets become income
Eligible assets are inventoried: cash, brokerage, retirement (age-dependent), sometimes vested RSUs.
Each class takes a haircut — commonly 100% cash, 70–90% securities, 50–80% retirement.
The haircut total divides by the program divisor (e.g., 84, 120, or 240 months) to produce monthly income.
Some programs require assets to cover loan amount + reserves post-close; others just run the income math.
Typical guardrails
Educational ranges across the market — every investor grids this differently.
| DIVISOR | 60 – 240 months | Smaller divisor → more income; the key shopping variable |
| SECURITIES HAIRCUT | 70 – 90% | Volatile assets (crypto) often excluded or heavily cut |
| RETIREMENT ACCOUNTS | 50 – 80% | Often age-gated (59½) for full counting |
| MAX LTV | 70 – 80% | Strong files price close to full-doc Non-QM |
| POST-CLOSE LIQUIDITY | Varies | Some programs require significant remaining assets |
EXACT NUMBERS LIVE ON THE SCENARIO DESK — CITED TO THE GUIDELINE PAGE
Straight answers
No — depletion is a calculation, not a transaction. The portfolio stays invested.
Many programs blend depletion income with social security, pensions, or part-time W-2 to clear DTI.
Statements are point-in-time, but a large decline before closing can trigger re-verification. Volatile portfolios argue for faster closings.