Homeownership Starts Here
at Oregon State Credit Union
Every borrower has a unique financial story. That’s why we offer a variety of mortgage solutions and personalized guidance to help you explore your options.
Mortgage Qualification Solutions designed around you
Additional ways to help you qualify for a mortgage
We understand qualifying for a mortgage isn’t always one-size-fits-all. That’s why we offer an additional option to make getting a home loan more accessible.
OSCU can use accumulated assets as income to recognize your hard-earned savings as a valid form of personal income during the qualification process.
- Instead of relying solely on a traditional paycheck, we safely count your nest egg — like savings, stocks, or retirement accounts — as a steady stream of financial support for your future mortgage payments.
- This innovative approach empowers you to secure home financing based on your overall assets, all without forcing you to actually liquidate or disturb your investments.
Learn more in the FAQ below — and contact a Mortgage Loan Officer to apply today!
Accumulated Assets as Income FAQ
Accumulated Assets as Income is a mortgage qualification option that may allow eligible borrowers to use certain assets as part of their qualifying income when applying for a mortgage. Rather than looking only at traditional income sources, a lender may be able to consider eligible assets you already own.
Examples may include:
- Savings accounts
- Investment accounts
- Retirement assets, such as IRAs and 401(k)s
- Certain home-sale proceeds
- Certain business-sale proceeds
Not all assets qualify, and eligibility requirements apply.
Not necessarily. In many cases, eligible assets may be considered for qualification without requiring you to sell, liquidate, or withdraw the funds. Your Mortgage Loan Officer can explain how the program works and whether it may apply to your situation.
Generally, yes. Eligible assets typically remain in your ownership and under your control. Using assets for mortgage qualification does not necessarily change where those assets are held or how they are managed.
Possibly. Every mortgage application is unique. If you have accumulated assets, they may help provide additional options for qualification. The best way to find out is to speak with a Mortgage Loan Officer about your specific situation.
No. This option may be available to eligible borrowers of various ages and life stages, including business owners, investors, recent home sellers, and individuals planning for or living in retirement.
Possibly. Eligible retirement assets, such as IRAs and 401(k)s, may be considered as part of the qualification process, subject to program requirements and documentation standards.
Some people have significant savings or investments but relatively low traditional income. Accumulated Assets as Income may help provide a more complete picture of their financial situation when applying for a mortgage.
Certain proceeds from the sale of a home or business may be eligible for consideration, depending on the circumstances and program requirements. A Mortgage Loan Officer can review your situation and explain available options.
No. Mortgage approval depends on several factors, including credit qualifications, assets, debts, property information, and loan program requirements. Having eligible assets does not guarantee approval.
No. Accumulated Assets as Income is generally a qualification method, not a separate mortgage product. It may be available with certain mortgage programs when eligibility requirements are met.
A Mortgage Loan Officer can review your assets, financial situation, and documentation to determine whether this qualification option may be available to you.
The best first step is to talk with an Oregon State Credit Union Mortgage Loan Officer. We’ll take the time to understand your goals, answer your questions, and help you explore mortgage options that fit your unique financial story.