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Newport Beach attracts high-net-worth buyers who don't draw a traditional paycheck. Retired executives, investors, and trust beneficiaries often hold millions in assets but show little taxable income.
Asset depletion loans solve that problem. Lenders calculate a monthly income figure from your liquid assets — no W-2 or pay stub required.
680+
Min Credit Score
Up to $5M+
Max Loan Amount
20-30%
Down Payment
60-90 Days
Asset Seasoning
Non-QM
Loan Type
Asset Depletion Loans in Newport Beach
Lenders divide your eligible liquid assets by a set number of months — often 360 — to calculate monthly income. That figure is what gets used to qualify you.
Most lenders want a credit score above 680. Expect to document every asset account with 2-3 months of statements. Retirement accounts typically get a haircut of 30-40% before the calculation.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Newport Beach.
Newport Beach attracts high-net-worth buyers who don't draw a traditional paycheck. Retired executives, investors, and trust beneficiaries often hold millions in assets but show little taxable income.
Asset depletion loans solve that problem. Lenders calculate a monthly income figure from your liquid assets — no W-2 or pay stub required.
Lenders divide your eligible liquid assets by a set number of months — often 360 — to calculate monthly income. That figure is what gets used to qualify you.
Most retail banks won't touch asset depletion loans. This is a non-QM product — meaning it lives in the wholesale and private lending space.
We work with 200+ wholesale lenders, and only a fraction of them offer competitive asset depletion programs. The terms vary widely. One lender might haircut your IRA at 30%, another at 40%. That difference matters on a $3M portfolio.
The mistake I see most: borrowers move assets around before applying. Don't. Lenders want to see seasoned funds — typically 60-90 days in the same account.
Also, not every asset counts. Equity in real estate, business assets, and illiquid investments usually don't qualify. Cash, brokerage accounts, and money markets are your strongest cards.
Bank statement loans work well if you run a business with consistent deposits. Asset depletion is better when income is irregular or nearly nonexistent on paper.
DSCR loans are another option if you're buying investment property — those qualify on rental income, not personal assets. For a Newport Beach primary or second home, asset depletion usually wins.
Newport Beach is one of the priciest coastal markets in California. Loan amounts here frequently exceed conforming limits, pushing buyers into jumbo territory.
Asset depletion lenders can accommodate large loan amounts — some up to $5M or more. That makes this program a natural fit for Newport's price points, especially in areas like Corona del Mar or on the Peninsula.
Cash, brokerage accounts, and money market funds qualify. Real estate equity and business assets typically do not.
Yes, but lenders discount them — usually 30-40% — before the calculation. The remaining balance gets divided over the loan term.
Most lenders require 680 or higher for asset depletion programs. Higher scores unlock better rates. Rates vary by borrower profile and market conditions.
Expect 20-30% down on most asset depletion programs. Some lenders require more depending on loan size and asset type.
Yes. Asset depletion works for primary residences, second homes, and some investment properties. Second homes are a common use case here.
Non-QM loans like this typically close in 21-30 days. Complete asset documentation upfront to avoid delays.