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Oroville attracts retirees and self-directed investors who hold real wealth in portfolios, not paychecks. Asset depletion loans are built exactly for that profile.
This is a non-QM loan. That means it falls outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers it — but we work with over 200 wholesale lenders who do.
680 typical
Min Credit Score
20% typical
Down Payment
60 days
Account Seasoning
None
Income Docs Needed
Non-QM
Loan Type
Asset Depletion Loans in Oroville
Your liquid assets — think brokerage accounts, savings, money market funds — get divided by a set number of months. That calculated figure becomes your qualifying income.
Most lenders want a 680+ credit score and 20% down for this program. Retirement accounts often count at 70% of their value. Your broker structures the asset calculation to maximize your qualifying number.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Oroville.
Oroville attracts retirees and self-directed investors who hold real wealth in portfolios, not paychecks. Asset depletion loans are built exactly for that profile.
This is a non-QM loan. That means it falls outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers it — but we work with over 200 wholesale lenders who do.
Your liquid assets — think brokerage accounts, savings, money market funds — get divided by a set number of months. That calculated figure becomes your qualifying income.
Big retail banks rarely touch asset depletion. The program lives almost entirely in the non-QM wholesale market. That's where SRK CAPITAL operates daily.
Lenders price this loan based on credit score, LTV, and asset type. Liquid brokerage accounts get treated better than illiquid real estate equity. We shop across lenders to find the best fit for your specific asset mix.
The biggest mistake I see: borrowers liquidating assets to show cash before applying. Don't move money around right before closing. Lenders want to see seasoned funds — typically 60 days of statements.
Structure matters here more than almost any other loan. Which accounts you use, how you title them, whether they're joint — all of it affects the qualifying calculation. Get this wrong and your income number drops fast.
Bank statement loans work well if you're still running a business with consistent deposits. Asset depletion fits better when income is minimal but wealth is substantial.
DSCR loans are strictly for rental properties. Asset depletion can be used for a primary residence, second home, or investment property. That flexibility is a real advantage.
Oroville sits in Butte County with lower price points than the Bay Area or Sacramento. That actually helps asset depletion borrowers — you need fewer assets to hit the qualifying threshold on a smaller loan.
Butte County has a notable retiree and semi-rural population. Many buyers here have sold appreciated properties elsewhere and are sitting on significant liquid wealth. Asset depletion was designed for exactly that situation.
Checking, savings, brokerage, and money market accounts typically qualify. Retirement accounts usually count at 70% of their balance.
No. This program replaces income verification entirely with asset-based calculation. No pay stubs or tax returns required.
Lenders divide your eligible assets by a set number of months — often 360. That monthly figure is your qualifying income.
Yes. Retirees with portfolios are the ideal borrower for this program. Butte County price points make the math work well.
Most asset depletion lenders want 680 or higher. Some go lower at higher down payments, but expect tighter terms.
Non-QM loans typically close in 21-30 days. Asset documentation review adds time — gather 60 days of statements upfront.