Qualifying Without a Paycheck Using Retirement Assets
Draft placeholder copy — Retirees with substantial home equity and investment portfolios are often surprised when a retail bank declines a purchase loan simply because they no longer collect W-2 wages.
Using Fannie Mae/Freddie Mac asset-depletion guidelines or specialized portfolio asset-utilization programs, we convert your liquid brokerage, IRA, and 401(k) balances into qualifying monthly income—without requiring you to liquidate investments or trigger unnecessary tax events.
Factoring Prop 19 Into Your Monthly Housing Budget
- Homeowners 55+ can transfer their existing net taxable value to a replacement primary residence anywhere in California.
- Purchasing within 1 year after selling gives you a 105% inflation buffer (and 110% within 2 years) before any buy-up adjustment applies.
- Lower transferred property taxes directly improve your Debt-to-Income (DTI) ratio when qualifying for replacement financing.
Bottom-Line Takeaway
Run your current county Net Taxable Value in our Prop 19 Calculator before house-hunting so your pre-approval reflects your true post-transfer property tax bill.
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