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Brawley sits in Imperial County — a market where retirees and landowners often hold significant wealth but show little income on paper.
Asset depletion loans convert liquid assets into qualifying income. No W-2, no pay stub required.
620 typical
Min Credit Score
Assets ÷ months
Income Method
No
Employment Required
12–24 months
Statements Needed
Lenders divide your eligible assets by a set number of months — typically 60 to 360. That math creates your monthly income figure.
Most lenders want 620+ credit and assets well above the loan amount. Reserves matter a lot on these deals.
Most big retail banks won't touch asset depletion. This is a non-QM product — you need a lender that specializes in it.
SRK CAPITAL works with 200+ wholesale lenders. We know which ones price asset depletion competitively and close on time.
The most common mistake: borrowers show up with assets tied up in retirement accounts. Many lenders haircut those by 30-40%.
Brokerage, checking, and money market accounts count cleanest. Get your statements organized before you apply.
Bank statement loans work well if you run a business with actual cash flow. Asset depletion is the better fit when income is minimal but wealth is real.
DSCR loans serve investors buying rentals. Asset depletion serves the buyer whose portfolio is their income — not a property.
Imperial County has a strong agricultural economy. Landowners and farm operators here often show irregular or low taxable income.
Asset depletion can be the right tool for someone whose land and accounts reflect real wealth — even if the tax return doesn't.
Checking, savings, brokerage, and money market accounts typically qualify. Retirement accounts may count at a reduced value.
Lenders divide eligible assets by a set number of months. That figure becomes your qualifying monthly income.
No. The assets stay in your accounts. Lenders just use them to calculate income on paper.
Most non-QM lenders want 620 or higher. Better credit usually gets you a better rate. Rates vary by borrower profile and market conditions.
Yes — and it's a strong fit. Low taxable income is common in ag, but significant assets often exist.
Asset Depletion Loans in Brawley