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Huron sits in Fresno County where the median household income is $71,434. That income stretches to cover homes in the $280K–$350K range comfortably. Asset depletion loans let you count liquid savings as income, opening doors when W-2 earnings alone fall short.
The county's restaurant boom and growing cultural events like Tower District Porchfest signal economic momentum. For buyers here, that means stable neighborhoods and rising property values.
620
Minimum FICO
10–20%
Down Payment Range
45–60 days
Approval Timeline
$71,434
County Median Income
Asset Depletion Loans in Huron
Asset depletion loans typically require 620+ FICO and 10–20% down. The key difference: lenders divide your liquid savings by 360 months to create qualifying income. A $100,000 savings account counts as roughly $278 monthly income.
Fresno County's $71,434 median household income buys homes around $300K–$320K with conventional financing. Asset depletion stretches that by counting your reserves. You'll need bank statements, investment account statements, and proof of ownership.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Huron.
Huron sits in Fresno County where the median household income is $71,434. That income stretches to cover homes in the $280K–$350K range comfortably. Asset depletion loans let you count liquid savings as income, opening doors when W-2 earnings alone fall short.
The county's restaurant boom and growing cultural events like Tower District Porchfest signal economic momentum. For buyers here, that means stable neighborhoods and rising property values.
Asset depletion loans typically require 620+ FICO and 10–20% down. The key difference: lenders divide your liquid savings by 360 months to create qualifying income. A $100,000 savings account counts as roughly $278 monthly income.
Asset depletion loans are a niche product. Most retail banks don't offer them; portfolio lenders and credit unions dominate this space. California brokers access a handful of specialized lenders who underwrite asset depletion as a primary qualifying method.
The lending market for asset depletion has tightened since 2020. Lenders now require higher FICO floors (620–640) and stricter asset documentation.
Asset depletion loans make sense in Huron when you're a retiree with $150K+ in savings but only $1,500 monthly Social Security. They also work for self-employed buyers whose tax returns don't reflect true earning power.
The real win is when you have no other path. A conventional lender won't touch a $280K purchase on $1,800 monthly income, but asset depletion gets you there. In Huron's price range, that's often the difference between buying and waiting years.
Conventional loans require documented income — W-2s, tax returns, or pay stubs. Asset depletion loans count savings instead. If your income is too low but your bank account is strong, asset depletion wins.
FHA loans require 580+ FICO and 3.5% down but still need income documentation. Asset depletion doesn't care about income, only assets. For a retiree in Huron with $200K saved and minimal Social Security, asset depletion opens doors FHA can't.
Fresno's restaurant scene is booming with 17+ new establishments in development. That growth signals neighborhood investment and rising property values.
Tower District Porchfest draws 400+ performances across 100+ porch venues annually. That kind of cultural activity attracts younger families and professionals to Fresno County. Huron sits close enough to benefit from that spillover.
Lenders divide your total liquid assets by 360 months. A $100,000 savings account counts as $278 monthly income. That income stacks with any W-2, Social Security, or pension income you have.
No. Asset depletion loans don't require employment. Retirees, business owners, and self-employed buyers qualify on savings alone. You do need documented liquid assets — bank statements, investment accounts, money market funds.
Typically 10–20% down. Some lenders go as low as 10% for strong asset profiles. A $300,000 home in Huron would require $30,000–$60,000 down. The rest comes from your mortgage. Your liquid assets are counted separately for income qualification.
Most lenders won't count retirement accounts because of early-withdrawal penalties. They focus on liquid, accessible funds: savings accounts, money market, non-retirement investments.
Expect 45–60 days. Asset depletion requires extra underwriting because lenders must verify and value your liquid assets. That takes time. Conventional loans close in 30–45 days.