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Asset-Based / Depletion Refinance – Florida Lender

A Quick Snapshot of Your Asset-Based Refinance Options

Use Assets Instead of Income

Refinance without tax returns or employment verification—qualification is based on verified liquid assets.

Asset Depletion Programs

Lenders divide your total assets over a set period to calculate qualifying income, offering predictable approval terms.

Cash-Out Refinance

Access equity from your home for investments, retirement planning, or major expenses using asset-based qualification.

Flexible Loan Amounts

Ideal for retirees, investors, and self-employed borrowers with strong assets but irregular or minimal income.

Why Choose an Asset-Based Refinance in Florida

An Asset-Based or Asset-Depletion Refinance allows homeowners to qualify using their liquid assets rather than traditional income documentation. Instead of relying on pay stubs or tax returns, lenders calculate an income equivalent based on savings, investment accounts, retirement funds, or trust assets.

This refinance option is ideal for retirees, high-net-worth borrowers, investors, or anyone whose lifestyle is supported by assets rather than monthly wages. It offers a flexible path to lower rates, reduced payments, or equity access—even if your declared taxable income is low.

At Select Home Loans, we simplify the asset-based refinance process, ensuring your financial profile is evaluated accurately and efficiently so you can secure the terms and flexibility you need.

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Where are You Now?

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I’m ready now! I’ve found a home

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Why choose Select Home Loans?

  • Trusted mortgage experts across Florida.

  • Specialized in self-employed and alternative income home loans.

  • Quick pre-approvals and competitive low rates.

  • Decades of combined mortgage experience.

  • Dedicated loan officers guiding you every step of the way.

  • Streamlined, secure, and easy online application process.

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Transforming Your Financial Goals Into Reality

15

Average to Close

3500

People found their dream home with Select Home Loans

40

More savings than you would get with some of our competitors

Secure Your Asset-Based / Depletion Refinance Loan Today

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Hear What Our Clients Have To Say!

“While visiting my wife's parents who have lived in Florida for a number of years, my wife and I decided to look for a new home. After looking at several homes for sale, my wife and I found the home we wanted. We mentioned to our real estate agent that we would need to obtain a mortgage as it would probably be a year until we were ready to sell our home in New Jersey and he recommended that we contact Select Home Loans. That was the best advice we received. Although we were some 1,300 miles away, our David Shefsky at Select Home Loans walked us through each step requesting the necessary documentation he needed. Two months later, we had our mortgage. One year after that, we became permanent Florida residents and Select Home Loans helped us achieve our goal. Thank you”

Re S.Boca Raton, FL

“I just wanted to send a note to thank you for all of your support and guidance throughout the mortgage process while purchasing our home. It could have been a nerve-racking experience and you very calmly guided me along the way and certainly made the experience much better than it easily could have been. Once again, thank you. It was a pleasure doing business with you and Select Home Loans.”

Isabel B & Gerald BWest Palm Beach, FL

“Thank you Scott, for your superb assistance with Barry & Sally! Really appreciate working with people that take their profession to that next level like you!”

Miriam L.Orlando, FL

“When I found a house I wanted to purchase, was new to the area and just picked a mortgage company out of a hat. Fortunately, this was Select Home Loans and my experience working with my Mortgage Banker was excellent. He was professional, knowledgeable, and efficient, as was his office staff. Although I had the financial resources to pay for the house, my financial situation was unusual, and he was up to the challenge of working out a loan for me with a good interest rate. From start to finish, the process went smoothly and without any surprises. Any potential hitches were dealt with quickly and effectively; his manner was always pleasant and he made himself very available. No long waits for him to call back. I highly recommend Select Home Loans.”

Judy M.Boca Raton, FL