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Anaheim attracts retirees, investors, and business owners with serious wealth — but not always a W-2 to show for it. Asset depletion loans are built for exactly that situation.
This is a non-QM loan. That means it falls outside standard lending rules. Lenders calculate income by dividing your liquid assets over a set term — usually 360 months.
Typically 700+
Min Credit Score
Assets ÷ 360 months
Income Calculation
Non-QM
Loan Type
Higher — varies by profile
Rate vs. Conventional
Retirees & low-income filers
Best For
Lenders typically want 700+ credit and substantial liquid assets. Retirement accounts, brokerage accounts, and savings all count. Most lenders require assets well above the loan amount.
The formula is simple. Take your eligible assets, divide by 360, and that becomes your monthly income. A $1.8M portfolio could generate $5,000/month on paper.
Most retail banks won't touch asset depletion. This is a wholesale and private lender product. You need a broker with non-QM relationships to find competitive pricing.
Rates run higher than conventional loans — that's the trade-off for flexible income qualifying. Rates vary by borrower profile and market conditions.
We see this loan used most by retired professionals and business owners in Orange County. High net worth, low taxable income — asset depletion solves that mismatch.
Asset mix matters. Lenders discount illiquid assets. A stock portfolio counts differently than real estate equity. We know which lenders give the best treatment to each asset type.
Bank statement loans work better if you're actively self-employed with business deposits. Asset depletion fits borrowers who've already accumulated wealth and aren't pulling a regular income.
DSCR loans are the right call for investment properties with rental income. Asset depletion is for your primary or second home when income documentation is the problem.
Anaheim's housing stock includes everything from mid-century single-family homes to new construction near the resort district. Asset depletion borrowers often target higher-end properties here.
Orange County has no shortage of affluent retirees relocating or downsizing. This loan is a natural fit for that buyer — especially those moving equity from a prior home into a new purchase.
Liquid assets like brokerage accounts, savings, and retirement funds typically qualify. Real estate equity and illiquid holdings usually do not count.
No. Any borrower with sufficient liquid assets can qualify. It's common for early retirees and business owners with low taxable income.
Lenders divide your eligible assets by 360 to get a monthly income figure. That number is used to qualify you like regular monthly income.
Yes. Asset depletion works for purchases and refinances in Anaheim. Property type and loan amount will affect lender options.
Bank statement loans use deposit history to prove income. Asset depletion uses account balances — no deposits or business activity needed.
Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.
Asset Depletion Loans in Anaheim