<prompt> Human: Recently, my mother sold her home and put a contract on a new home. Unfortunately, since she knew that she had plenty of money in investment accounts and had planned to use that money for the purchase of this home, she didnt feel the need to get a loan pre-approval letter. Now that her home that shes currently living in has sold and the closing is set to take place mid April, shes finding it next to impossible to get a lender to give her a conventional loan because she doesnt meet their debt-to-income standards she has no debt, but technically also no income as she retired early. Her financial advisor told her that they could do a marginal loan to possibly assist with things, but it sounds risky and doesnt make a whole heck of a lot of sense to me. Do you guys have any thoughtsideas out there of maybe a way she can proceed purchasing this new home with a conventional loan mortgage?  <response>: From the numbers youve posted below, your mother doesnt have a large investment portfolio, she has more of a medium sized one.She should sell some investments, buy a home cash and then get a margin loan on the rest of her investments maybe 25 leverage at most.Edward Jones isnt really known for great investment options - most of what they are selling is high fee investments that generate commissions for the advisorsalesman. Of course the Edward Jones advisor wants her to keep the money invested so that he can earn more in commission. Id do a reality check on the fees she is paying, if its over 1.5 shes getting ripped off, over 1 she could be doing better and at 0.5 Id say that shes getting a fair deal.A conventional mortgage just isnt going to work for her unless she goes out and gets a job. Shed need to have around 3 times the mortgage payment in income and then she could be approved.Functionally, buying the home with a mortgage and leveraging her portfolio conservatively are pretty much the same thing. In my personal opinion though, she should just own the house outright and then put the rest of her portfolio in the hands of one of the robo-advisors. Betterment, Wealthfront, Schwab and Vanguard all have ways to turn an investment portfolio into monthly income without her needing to be hands on with it. 