What is Asset Based Lending? Imagine a world where you have saved enough money and no longer need to rely on employment to live. Now imagine being denied for a home loan because your lender says you do not have enough income to qualify for a mortgage. Unfortunately, this happens quite often. A few lenders have recognized the disconnect and provided a solution: Asset Based Lending.

Under Asset Based Lending programs, many times the lender will not review current income. Instead, they qualify customers based on the type and amount of assets accumulated and compare to the customer’s current debt obligations. Typically, the assets must be in the form of cash or investments, but there is no history of receipt or liquidation required.