High Net Worth Mortgages With Flexible Terms
When the income on your return isn’t the whole picture. Financing for borrowers whose wealth is held rather than earned, on loans to $3.5 Million.*
Quick answer
Saxton Mortgage does. At least one program we offer can qualify you on your assets instead of your income, starting at a 700 credit score, on loans up to $3,500,000, with higher scores required on larger loans. That route is for a home you live in, and cash-out is not available on it.
Four ways to qualify when a pay stub is not the answer.
Substantial assets and a modest tax return are not a contradiction.
- Qualify on assets rather than on documented income, to 85% of value
- Jumbo financing above the conforming limit, to $3.5 Million*
- Interest only structures for borrowers managing cash flow
- Primary residence, second home, or investment property, with the asset based route limited to a primary residence*
- Rental income qualifying on an investment portfolio*
- Purchase, rate and term refinance, and cash out available, though not on the asset based route*
A $5,000,000 ceiling at one program
Assets alone can qualify a super jumbo
LLC-owned rentals on asset income
Asset based, interest only, jumbo, and rental income routes
Interest-only option from a 700 score
Fixed and adjustable rate structures available
Which route fits a high net worth or luxury home borrower?
Four different programs, depending on where the money actually sits
The problem is rarely capacity. It is that agency underwriting reads a tax return and stops. Borrowers with substantial assets, business ownership, or a portfolio of property routinely show modest taxable income and get declined by lenders who only know how to read one document.
There is no single high net worth loan. There are four routes, and the right one depends on where your money sits. Assets can be converted into qualifying income. Interest only structures lower the scheduled payment while you keep capital deployed elsewhere. Jumbo financing handles the loan size. Rental income qualifies a property portfolio on the properties themselves.
Financing runs to $3.5 Million across these routes, on a primary residence, second home, or investment property, for purchase, rate and term refinance, or cash out. This page exists to get you to the right route rather than the first one you find.*
Which of these is you?
Four situations, four different programs. Start with the one that sounds like yours.
Assets, Not Income
Qualifying can be built from your asset balances instead of from a tax return.*
Business Owners
Taking little salary out of a profitable business is the single most common profile on this page.
Protecting Your Capital
An interest only structure lowers the scheduled payment so capital stays invested rather than tied up in equity.
Property Portfolios
Rental income qualifying reads the portfolio on its own performance rather than on your personal return.*
Loan Size Alone
Sometimes nothing is complicated except the amount. Jumbo financing handles that on its own.*
Working With Your Advisors
We are used to working alongside a CPA, an attorney, or a wealth manager rather than around them.
Hear From Homeowners Like You
Frequently Asked Questions
Straight answers for borrowers whose balance sheet tells a better story than their tax return.
Saxton Mortgage does. At least one program we offer can qualify you on your assets instead of your income, starting at a 700 credit score, on loans up to $3,500,000, with higher scores required on larger loans. That route is for a home you live in, and cash-out is not available on it.
One program’s high net worth mortgage goes as high as $5,000,000 when the home is your primary residence, and every borrower needs a 720 score or above. Loans over $4,000,000 there need 18 months of reserves, and every loan in that range needs two full appraisals.
Yes, one program skips the traditional DTI ratio when post-closing assets exceed the loan amount plus 60 months of all debt payments and the required reserves. Gift funds, business funds, annuities and joint accounts with people not on the loan are excluded from that test.
High net worth borrowers can be declined when assets are not counted as income: at one jumbo program, asset depletion income is not allowed when the loan follows Fannie Mae guidelines, though Freddie Mac guidelines permit it. Asset-based programs convert net qualified assets into monthly income instead, dividing by 84 months at one program.
A 700 score is the floor for one program’s asset-based loans, whether the property is your residence, a getaway home or rental real estate. Super jumbo loans at two other programs start at 720, and one of those adds a rule of no credit events in the most recent 48 months.
No, at one program assets used to qualify for a high net worth mortgage can stay invested unless 100% of their value is needed. Brokerage accounts, mutual funds and publicly traded stocks count at 90% of vested value there. Money used for closing should still be liquidated and documented.
Yes, at one program an asset-based loan on a 1-4 unit investment property can reach $3,000,000, and an LLC or corporation can hold title. Cash-out proceeds there are capped at $1,500,000. Super jumbo loans at another program are for primary residences only.
Yes, your CPA or advisor can send statements straight to us, and they must meet each program’s timing rules. One program wants six months of statements covering each account you count, with each balance confirmed inside a 10-day window before the note is signed. Another requires three months of seasoning, proven by three monthly statements or your latest quarterly one.
Find out what you qualify for
Send a recent statement for each account you want counted. We run the asset math under several programs and pre-qualify you where the numbers work.
Get Pre-Qualified*Loan amounts, rates, terms, and down payment requirements are subject to credit approval, income and asset verification, and program eligibility. Loan limits follow the annual conforming limits set by county. Down payment and cash-out limits vary by occupancy, credit score, and documentation type. Not all applicants will qualify. Saxton Mortgage, LLC is an Equal Housing Lender.