The Right Home For This Chapter.
Loans from $150,000 to $3.5 Million, qualified using documented retirement and investment assets or standard income documentation, for the purchase of your next primary residence.
A smaller home. A simpler picture.
However you have built it, there’s likely a path that fits.
- $150,000 to $3.5 Million, assets or income
- Retirement and investment accounts considered
- Empty nesters and retirees welcome
- Purchase or refinance your primary residence
- Single-level homes, condominiums, and townhomes
- Fixed and adjustable rate options
- Financing to 85% of value on the asset based route*
Purchase your next primary residence
Qualify using documented retirement and investment assets
Standard income documentation also accepted
Single-family, condo, townhome, and PUD eligible
Fixed-rate and adjustable-rate (ARM) options
Guidance on whether to sell first or buy first
What is the Saxton Downsizing Loan?
A purchase loan for the home that fits your life now
The Saxton Downsizing Loan is built for homeowners moving into a smaller primary residence, with the option to qualify from documented assets rather than employment income.
Qualify using documented retirement and investment assets, or through standard income documentation if you are still working.
Use it to purchase your next primary residence or refinance the one you are in, on single-family homes, planned unit developments, townhomes, and warrantable condominiums. Loan amounts run from $150,000 to $3.5 Million.
Why choose the Saxton Downsizing Loan?
Built for homeowners moving into a home that fits the life they have now.
Empty Nesters
Move from a house you have outgrown into one that fits how you live today.
Retirees
Qualify using documented retirement and investment assets rather than employment income.
Relocating Near Family
Buy closer to children or grandchildren without restarting your financial life.
Single-Level Living
Finance a ranch, villa, or condominium designed for fewer stairs and less upkeep.
Lower Maintenance
Trade acreage and repairs for a smaller footprint and a simpler routine.
Equity Rich, Income Modest
Retired buyers often hold substantial equity and modest documented income, and there are qualifying routes built for exactly that.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers about downsizing into a smaller home.
On eligible programs, documented retirement and investment assets can be used as a qualifying source instead of employment income. Loan amounts run from $150,000 to $3.5 Million, and this program generally starts around a 660 credit score. All files remain subject to review and approval.
Not necessarily. The right order depends on your equity, your income picture, and how the two transactions are timed. A licensed loan officer will walk through both paths with you.
Single-family homes, planned unit developments, townhomes, warrantable condominiums, and cooperative units are all eligible on this program.
Yes. The asset-based qualifying route is limited to a primary residence. If you are buying a second home, a different Saxton program may fit better.
Not on the asset-based route, which is limited to purchase and rate-and-term transactions. Other Saxton programs offer that option.
Yes. Guidance on whether to sell first or buy first are available on eligible programs.
Answer a few questions in the tool on this page and a licensed loan officer will follow up with options based on your situation.
Find out what you qualify for
Whether you’re buying smaller or refinancing where you are, there’s likely a Saxton Downsizing Loan option that fits. Get a fast, no-obligation pre-qualification today.
Get Pre-Qualified- Consumer Financial Protection Bureau, buying a house: tools and resources for homebuyers
- Consumer Financial Protection Bureau, mortgages
*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Down payment limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.