Question 1

What assets qualify for asset depletion loans?

Accepted Answer

Stocks, bonds, mutual funds, CDs, savings, checking, and money market accounts count at full value. Retirement accounts like 401k and IRA typically count at 70% with no early withdrawal penalty.

Question 2

Do I need to liquidate my investments to close?

Accepted Answer

No, you keep your portfolio invested. Lenders use asset values to calculate qualifying income but don't require you to sell positions or move funds.

Question 3

Can I use foreign assets for qualification?

Accepted Answer

Select lenders accept foreign accounts with proper documentation and currency conversion. You'll need English translations of statements and proof the funds are accessible.

Question 4

What interest rates should I expect in Sierra Madre?

Accepted Answer

Asset depletion rates run 1.5-3% above conventional mortgages. Strong credit and larger assets get pricing closer to 1.5%, while 660 scores see 2.5-3% premiums.

Question 5

How much do I need in assets after my down payment?

Accepted Answer

Most lenders want $500k minimum in remaining liquid assets. Sierra Madre pricing often demands $1M+ to generate enough qualifying income for typical purchase amounts.

Asset Depletion Loans in Sierra Madre — Qualify Using Your Portfolio, Not Your Paystub