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Brea sits in north Orange County, where home prices run high and buyers often carry serious wealth without a W-2 to show for it.
Asset depletion loans exist for exactly this borrower. Your portfolio can qualify you — no employer required.
680+ typical
Min Credit Score
20%+ common
Down Payment
60 days min
Asset Seasoning
Non-QM
Loan Type
Assets ÷ 60–84 months
Income Method
Lenders take your liquid assets and divide them over a set period — typically 60 to 84 months — to calculate a monthly income figure.
Eligible assets usually include checking, savings, brokerage accounts, and vested retirement funds. Illiquid assets like real estate equity rarely count.
Credit score requirements vary by lender, but most want at least 680. Expect a down payment of 20% or more on most programs.
Asset depletion is a non-QM product. Most big retail banks don't offer it — you need a lender that specializes in non-agency programs.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several of them have strong asset depletion programs with competitive structures for Brea buyers.
Rates on non-QM products run higher than conventional. Rates vary by borrower profile and market conditions.
The biggest mistake I see: borrowers show up with assets tied up in illiquid investments. That won't move the needle on your income calculation.
Move funds to liquid accounts before applying. Lenders typically want 60 days of seasoning — meaning the money needs to sit there, documented.
Retirees and early-exit founders are the best fit for this program. If that's you, this loan was designed around your financial profile.
Bank statement loans are the most common alternative. They work well for self-employed borrowers with consistent business deposits.
Asset depletion wins when your income is truly irregular or you're living off a portfolio. If you have 12 months of strong deposits, bank statement may get you a better rate.
1099 loans fit contractors and gig workers. DSCR loans fit investors buying rentals. Asset depletion fits wealth-holders who don't need to work.
Brea attracts buyers from tech, finance, and long-term business ownership — profiles that often don't fit a standard income model.
The city's proximity to Fullerton, Diamond Bar, and the 57 corridor makes it appealing for buyers relocating within Orange or LA County.
Higher-priced homes here push buyers past conventional loan limits. Asset depletion pairs well with jumbo amounts for qualified borrowers.
Checking, savings, and brokerage accounts typically qualify. Vested retirement funds often count at a discount. Real estate equity usually does not.
Often yes, but lenders apply a haircut — usually 30-40% — to retirement accounts. The remaining balance then factors into your income calculation.
Lenders divide your total eligible assets by a set number of months — commonly 60 to 84. That result becomes your qualifying monthly income.
Not harder — but loan amounts are larger here, so lenders scrutinize asset documentation closely. Have at least 60 days of statements ready.
Bank statement loans use your deposit history. Asset depletion uses your balance. If you don't show regular deposits, asset depletion is the stronger path.
Most lenders want 680 or higher. Stronger credit opens up better rate tiers and higher loan amounts. Rates vary by borrower profile and market conditions.
Asset Depletion Loans in Brea