Question 1

What types of assets qualify for this loan in California?

Accepted Answer

Checking, savings, brokerage, and vested retirement accounts typically qualify. Restricted stock and real estate equity usually do not.

Question 2

Can I use an asset depletion loan to buy in Humboldt County?

Accepted Answer

Yes. There's no geographic restriction. The property must meet standard appraisal and title requirements like any other loan.

Question 3

How is my qualifying income calculated?

Accepted Answer

Lenders divide eligible assets by a set number of months — often 60 to 84. That monthly figure is used to underwrite your loan.

Question 4

Do I need to be retired to use this program?

Accepted Answer

No. Any borrower with sufficient liquid assets can apply. Employment status doesn't determine eligibility.

Question 5

Is this loan harder to get than a conventional mortgage?

Accepted Answer

It has stricter asset and down payment requirements. But for the right borrower, it's often the only viable path to approval.

Question 6

How does SRK CAPITAL help with asset depletion loans?

Accepted Answer

We have access to 200+ wholesale lenders. We match your asset profile to lenders with the most flexible guidelines and competitive terms.

Asset Depletion Loans in Eureka, CA