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Agoura Hills attracts retirees, executives, and self-made investors. Many have serious wealth — but no W-2 to show a lender.
Asset depletion loans solve that problem. Lenders calculate income by dividing your liquid assets over a set term, typically 360 months.
680+
Min Credit Score
20% typical
Down Payment
21-30 days
Est. Close Time
Non-QM
Loan Type
Varies by profile
Rate Pricing
Asset Depletion Loans in Agoura Hills
Qualifying assets usually include checking, savings, money market, and investment accounts. Retirement accounts may count at a discount.
Most lenders want a 680+ credit score and 20% down. The stronger your asset picture, the more flexible lenders get.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Agoura Hills.
Agoura Hills attracts retirees, executives, and self-made investors. Many have serious wealth — but no W-2 to show a lender.
Asset depletion loans solve that problem. Lenders calculate income by dividing your liquid assets over a set term, typically 360 months.
Qualifying assets usually include checking, savings, money market, and investment accounts. Retirement accounts may count at a discount.
Asset depletion is a non-QM product. That means big banks almost never offer it. You need a wholesale lender or portfolio lender.
We work with 200+ wholesale lenders. That matters here — asset depletion guidelines vary significantly from lender to lender.
The biggest mistake I see: borrowers liquidating assets to cover a down payment right before applying. That tanks the qualifying calculation.
Keep your accounts intact through closing. We structure the asset schedule after we know exactly which accounts the lender will accept.
Bank statement loans work better if you have active business income. Asset depletion fits borrowers who are drawing down wealth, not running payroll.
DSCR loans work if you're buying a rental property. Asset depletion works for primary residences, second homes, and investment properties alike.
Agoura Hills sits in the Santa Monica Mountains corridor. Home prices here are substantial, so borrowers often need jumbo-sized asset depletion loans.
Many buyers here are downsizing from larger LA properties. They're sitting on significant equity and liquid proceeds — exactly what this program is built for.
Checking, savings, money market, stocks, and bonds typically qualify. Retirement accounts may count at 60-70% of their value.
Lenders divide your eligible assets by a set number of months — often 360. That monthly figure becomes your qualifying income.
No. Employed borrowers can use it too if their asset picture is stronger than their income picture.
Yes. Many asset depletion lenders go well above conforming limits. You just need the asset base to support the payment.
Conventional loans require documented income — pay stubs or tax returns. Asset depletion replaces that with a liquid asset calculation.
Non-QM loans typically close in 21-30 days. Having clean, organized account statements speeds the process significantly.