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Holtville sits in Imperial County — agricultural country with a mix of retirees, business owners, and investors who don't fit the W-2 mold.
Asset depletion loans let lenders count your liquid assets as income. No pay stubs required. Your portfolio does the qualifying.
Typically 680+
Min Credit Score
20% minimum
Down Payment
60 days typical
Asset Seasoning
None required
Income Docs Needed
Asset Depletion Loans in Holtville
Lenders divide your liquid assets over a set number of months — typically 60 to 360 — to calculate a monthly income figure.
Most programs want to see strong credit, usually 680 or above. Down payments typically start at 20%.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Holtville.
Holtville sits in Imperial County — agricultural country with a mix of retirees, business owners, and investors who don't fit the W-2 mold.
Asset depletion loans let lenders count your liquid assets as income. No pay stubs required. Your portfolio does the qualifying.
Lenders divide your liquid assets over a set number of months — typically 60 to 360 — to calculate a monthly income figure.
Big retail banks rarely offer asset depletion programs. This is non-QM territory — specialty lenders only.
We work with 200+ wholesale lenders. Several specialize in asset depletion and price it competitively. Rates vary by borrower profile and market conditions.
The biggest mistake I see: borrowers counting retirement accounts at full value. Many lenders discount tax-deferred accounts by 30-40%.
Eligible assets usually include checking, savings, brokerage, and vested retirement funds. Business accounts and illiquid assets typically don't count.
Bank statement loans work better if you run a business with consistent deposits. Asset depletion fits borrowers with wealth but little active income.
DSCR loans are the move for rental properties — income comes from the property. Asset depletion is strictly for primary and second home purchases.
Imperial County has a large agricultural economy. Many landowners and farm operators here hold significant assets but show minimal taxable income.
Holtville's lower price points compared to coastal California mean asset depletion loans can go further here with less portfolio required.
Checking, savings, and brokerage accounts typically qualify in full. Retirement accounts often get discounted — ask your broker exactly how each lender counts them.
It depends on the property type. Pure agricultural land usually doesn't qualify — lenders want standard residential properties like single-family homes.
They divide your eligible assets by a set number of months — often 60 to 360. That monthly figure becomes your qualifying income.
No. Any borrower with substantial liquid assets can apply. Retirees are common, but business owners and investors use this program too.
Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.
Standard loans require pay stubs or tax returns showing income. Asset depletion replaces that with documented liquid wealth instead.