What assets count for a mortgage?

Checking, savings, money market, stocks, bonds, retirement accounts (often partial), and other liquid assets. Gifts with proper documentation may count for down payment.

Do retirement accounts count?

Yes, often at 60–70% of vested balance. Some programs require proof you can access funds.

Yes, for down payment and closing costs if documented with a gift letter and proof of transfer. Lenders have specific rules.

What assets do not count?

Borrowed funds (unless from a 401k loan with repayment plan), unsecured loans, and assets that cannot be verified.

What Assets Count for Mortgage Approval?

Disclaimer: This website provides general mortgage and financial information for educational purposes only. It does not constitute financial, legal, or mortgage advice. Housentia is not a licensed mortgage broker, lender, or loan originator.

This content is provided for general educational purposes only and does not constitute financial, legal, or mortgage advice.

Introduction

Assets that count for mortgage approval include cash, savings, investments, and retirement accounts. Lenders verify assets for down payment, closing costs, and reserves. See Mortgage Asset Verification, Gift Funds for Down Payment Explained, and What Is Mortgage Reserve Requirement.

Frequently Asked Questions

What assets count for a mortgage?: Checking, savings, money market, stocks, bonds, retirement accounts (often partial), and other liquid assets. Gifts with proper documentation may count for down payment.
Do retirement accounts count?: Yes, often at 60–70% of vested balance. Some programs require proof you can access funds.
Do gift funds count?: Yes, for down payment and closing costs if documented with a gift letter and proof of transfer. Lenders have specific rules.
What assets do not count?: Borrowed funds (unless from a 401k loan with repayment plan), unsecured loans, and assets that cannot be verified.

Educational Disclaimer

This content is provided for general educational purposes only and does not constitute financial, legal, or mortgage advice.

Housentia is not a lender, mortgage broker, or loan originator.

Requirements vary by lender and program.