Asset Depletion Mortgage

An asset depletion mortgage qualifies the borrower not on actual income, but on a calculated hypothetical income derived from their liquid assets. The math is straightforward: total qualifying assets divided by the loan term (or sometimes a shorter period like 360 months) becomes the assumed monthly income for DTI purposes.

This structure works for retirees, self-employed borrowers with low taxable income, and crypto-wealthy borrowers whose W-2 doesn't reflect their net worth. Qualifying assets typically include savings, brokerage holdings, and increasingly, vetted crypto reserves.

Why it matters for Milo customers

Asset depletion is one of the qualifying methods Milo uses for self-custody mortgages and certain other programs. If you hold significant Bitcoin or Ethereum but have low W-2 income, this approach lets your crypto count as financial capacity to repay — without pledging it as collateral.

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