Loading
Orange County attracts a lot of retirees and high-net-worth buyers who are cash-rich but income-light on paper. Asset depletion loans exist for exactly that borrower profile.
This is a non-QM loan — meaning it falls outside standard government guidelines. Lenders calculate a monthly income figure from your liquid assets instead of pay stubs.
680+
Min Credit Score
20–30%
Down Payment
60–84 months
Asset Depletion Term
Non-QM
Loan Type
Lenders divide your eligible assets by a set number of months — often 60 to 84 — to create an imputed monthly income. That number is what gets you approved.
Most lenders want a 680+ credit score and 20–30% down. The stronger your asset picture, the more flexible lenders get on other factors.
Big retail banks rarely offer asset depletion programs. This loan lives almost entirely in the wholesale and portfolio lending space.
At SRK CAPITAL, we shop across 200+ wholesale lenders — many of which specialize in non-QM products like this one. Rates vary by borrower profile and market conditions.
The biggest mistake I see is borrowers trying to show too little income for tax purposes — then being surprised when lenders won't count depleted retirement funds at full value.
Document every eligible account before you apply. Brokerage accounts, savings, CDs — all fair game. Co-mingled business funds are not. Get your paperwork clean early.
Bank statement loans work if you're self-employed with solid deposits. Asset depletion works if your money sits in accounts — not flowing through a business.
DSCR loans make sense for rental properties. If this is a primary or second home purchase, asset depletion is usually the cleaner fit for asset-rich buyers.
Orange and the surrounding OC market draws a high volume of retirees and executives who've sold businesses or equity holdings. Asset depletion is a natural fit here.
Property values in Orange County run high. Buyers using asset depletion often need substantial holdings just to cover down payment and satisfy lender reserve requirements.
Savings, brokerage accounts, and CDs typically qualify. Retirement accounts often count at 70% of their value after penalties are factored in.
Yes. Many lenders allow it for primary and second home purchases. Investment properties are more likely to fit a DSCR loan instead.
Lenders divide your eligible asset total by a set number of months — typically 60 to 84. That figure becomes your qualifying monthly income.
No. The assets stay in your accounts. Lenders just use the balance to calculate income. No liquidation is required to close.
Most non-QM lenders want a 680 or higher. A stronger score gives you access to better rates and more flexible asset guidelines.
It's different, not harder. If you have strong assets and low traditional income, this path is often easier than forcing a conventional approval.
Asset Depletion Loans in Orange