Question 1

How much in assets do I need to qualify?

Accepted Answer

Most lenders require $200,000 minimum, but $500,000 gives you meaningful purchasing power. We calculate your monthly income by dividing total liquid assets by 240-360 months.

Question 2

Can I use my 401(k) for asset depletion?

Accepted Answer

Yes. Lenders accept 401(k)s, IRAs, brokerage accounts, and money market funds. You don't withdraw the money—we just use the balance to calculate qualifying income.

Question 3

Do I need a down payment if I have $1 million in assets?

Accepted Answer

Yes. You still need 20-30% down regardless of asset size. Lenders want to see both capital reserves and equity commitment in the property.

Question 4

How do rates compare to conventional mortgages?

Accepted Answer

Asset depletion rates run 1.5-3% higher than conventional. Expect 5.75-8.25% depending on credit and down payment. Rates vary by borrower profile and market conditions.

Question 5

Can I use cryptocurrency for qualification?

Accepted Answer

Some lenders now accept verified crypto holdings as of early 2026. We work with specialty programs that count digital assets alongside traditional portfolios.

Question 6

How long does underwriting take?

Accepted Answer

Plan for 10-14 days once we submit your brokerage statements. Asset verification takes longer than pay stub review, especially with multiple account types.

Asset Depletion Loans in San Joaquin: Qualify Using Your Investment Portfolio