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Fullerton attracts retirees, executives, and self-made investors who hold serious wealth but don't draw a traditional paycheck.
Asset depletion loans let those borrowers qualify using liquid assets — think brokerage accounts, savings, or retirement funds — instead of W-2 income.
680+
Min Credit Score
Assets ÷ 360 months
Asset Calculation
Non-QM
Loan Type
None (asset-based)
Income Docs Required
30–45 days
Est. Close Time
Asset Depletion Loans in Fullerton
Lenders divide your eligible assets by a set number of months — often 360 — to calculate a monthly income figure.
Most programs require strong credit, typically 680 or higher, and significant liquid assets to make the math work.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Fullerton.
Fullerton attracts retirees, executives, and self-made investors who hold serious wealth but don't draw a traditional paycheck.
Asset depletion loans let those borrowers qualify using liquid assets — think brokerage accounts, savings, or retirement funds — instead of W-2 income.
Lenders divide your eligible assets by a set number of months — often 360 — to calculate a monthly income figure.
This is a non-QM loan. Most banks and credit unions won't touch it. You need a broker with wholesale access to specialized non-QM lenders.
Every lender calculates asset depletion differently. Some haircut retirement accounts by 30%. Others exclude them entirely. Those differences change your qualifying income fast.
The biggest mistake I see: borrowers assume all assets count equally. Vested stock options, illiquid real estate equity, and private equity stakes usually don't qualify.
Cash, brokerage accounts, and CDs move the needle. Bring your most recent 3 months of statements. Clean accounts with no large unexplained deposits close faster.
Bank statement loans work better if you run a business with steady deposits. Asset depletion fits borrowers who are living off a portfolio, not actively earning.
DSCR loans are the move if you're buying a rental — income comes from the property, not you. Asset depletion is personal-use financing for asset-rich buyers.
Fullerton sits in Orange County, where property values demand serious buying power. Asset depletion lets wealth do the qualifying work here.
As of April 2026, this is still a competitive market. Sellers aren't waiting on financing contingencies. Having your asset depletion pre-approval dialed in before you offer matters.
Cash, brokerage accounts, and CDs typically qualify. Illiquid assets like real estate equity or private equity usually don't count.
Lenders divide your eligible assets by the loan term in months. That number becomes your qualifying monthly income.
Most non-QM lenders want 680 or higher. A stronger score usually gets you better rate pricing on this program.
Yes. Non-QM loans carry a rate premium over conventional financing. Rates vary by borrower profile and market conditions.
Often yes, but lenders apply a discount — sometimes 30% or more. Rules vary by lender, so the formula matters.
Typically 30–45 days. Non-QM underwriting runs slower than conventional. Start the process before you're under contract.