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Los Alamitos sits in a high-value corner of Orange County. Buyers here often carry serious wealth without a W-2 to show for it.
Asset depletion loans treat your liquid assets as income. Lenders divide your portfolio over a set term to calculate qualifying income.
680+ typical
Min Credit Score
Liquid assets
Income Source
60 days min
Asset Seasoning
Non-QM
Loan Category
Fixed & ARM options
Rate Type
Asset Depletion Loans in Los Alamitos
Lenders take your eligible assets — think brokerage accounts, savings, retirement funds — and divide by a loan term, often 360 months.
That math produces a monthly income figure. That figure is what gets run through underwriting. Credit score and down payment still matter.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Los Alamitos.
Los Alamitos sits in a high-value corner of Orange County. Buyers here often carry serious wealth without a W-2 to show for it.
Asset depletion loans treat your liquid assets as income. Lenders divide your portfolio over a set term to calculate qualifying income.
Lenders take your eligible assets — think brokerage accounts, savings, retirement funds — and divide by a loan term, often 360 months.
Asset depletion is a non-QM product. Most banks won't touch it. You need a lender who actively underwrites non-QM deals.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in asset depletion for high-net-worth borrowers in Orange County.
The biggest mistake I see: borrowers show up with illiquid assets. Real estate equity doesn't count. Neither do stock options that haven't vested.
Keep assets in verifiable, liquid accounts for at least 60 days before applying. Seasoning requirements are strict on these programs.
Bank statement loans work well if you run a business with regular deposits. Asset depletion is better when income is minimal but wealth is deep.
DSCR loans are investment-property focused — they use rent income, not assets. Asset depletion covers primary residences and second homes too.
Los Alamitos draws retirees, executives, and business owners who've cashed out. Many have substantial portfolios and zero current income.
Orange County prices demand large loans. Asset depletion programs can support jumbo loan amounts when the asset base is strong enough.
Checking, savings, brokerage, and retirement accounts typically qualify. Retirement accounts are often discounted before the income calculation.
Yes. Asset depletion works for primary residences, second homes, and investment properties depending on the lender.
It depends on the loan amount and term. Lenders back-calculate the asset total needed to produce enough qualifying monthly income.
No. You still document everything — bank and brokerage statements, account ownership, balance history. Nothing is stated without proof.
Most non-QM lenders want at least a 680 for asset depletion. Better scores get better rates. Rates vary by borrower profile and market conditions.
Eligible assets are divided by the loan term in months — usually 360. That result becomes your monthly qualifying income for underwriting.