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Cypress sits in Orange County, where home prices demand serious purchasing power. Retirees and high-net-worth borrowers often have that power — just not in the form of a W-2.
Asset depletion loans convert your liquid assets into qualifying income. No job required. Your portfolio does the talking.
680+
Min Credit Score
20% typical
Down Payment
60 days min
Asset Seasoning
Above conventional
Rate Benchmark
Non-QM
Loan Type
Lenders divide your eligible assets by a set number of months — typically 60 to 360 — to create a monthly income figure. That number drives your debt-to-income ratio.
Most programs require strong credit, usually 680 or higher. Expect a minimum of 20% down and seasoned assets — typically 60 days in your account.
Asset depletion is a non-QM product. That means no Fannie Mae, no Freddie Mac. You need a wholesale lender that writes non-QM paper — and not all of them price it the same way.
Rates run higher than conventional. Bankrate's latest survey shows conforming rates at 6.27% — non-QM adds a premium on top of that. Rates vary by borrower profile and market conditions.
The biggest mistake I see: borrowers assuming all assets count equally. Lenders treat brokerage accounts, IRAs, and cash differently. Know the discount factors before you count on a number.
We run this loan across 200+ wholesale lenders. Asset depletion guidelines shift fast. Having multiple options matters more here than on a vanilla conventional deal.
Bank statement loans work better if you have business income flowing monthly. Asset depletion is cleaner when income has stopped — retirement, a liquidity event, or a sabbatical.
DSCR loans serve investors whose property generates rent. Asset depletion serves buyers whose wealth is in a portfolio. Different tools for different profiles.
Cypress attracts Orange County buyers who want space without the Irvine price tag. Many are downsizers or retirees moving equity from larger homes into something manageable.
That profile — asset-rich, income-light — is exactly who asset depletion serves. A $1.2M liquid portfolio can generate significant qualifying income even with zero monthly paychecks.
Checking, savings, brokerage, and retirement accounts typically qualify. Retirement accounts are usually discounted 30–40% before lenders calculate income.
They divide eligible assets by a set number of months — often 60 to 360. The result becomes your monthly qualifying income.
Yes, but lenders apply a discount — often 30–40% — to account for early withdrawal penalties and taxes. The net balance is what counts.
Most lenders want 680 or higher. Some programs go lower, but expect tighter terms and higher rates at lower scores.
Some lenders allow it, but pricing gets aggressive. A DSCR loan often works better if the property generates rental income.
Non-QM loans typically take 21–30 days. Having your asset statements ready and seasoned speeds up the process significantly.
Asset Depletion Loans in Cypress