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San Juan Capistrano attracts retirees, investors, and high-net-worth buyers. Many have serious wealth but no W-2 income to show a traditional lender.
Asset depletion loans solve that problem. Lenders divide your liquid assets over a set term and count that as monthly income.
Typically 680+
Min Credit Score
20% common minimum
Down Payment
60–84 months
Asset Depletion Term
Non-QM / Portfolio
Loan Type
Higher than conventional
Rate Premium
Asset Depletion Loans in San Juan Capistrano
Most lenders divide eligible assets by 60 to 84 months. That number becomes your qualifying monthly income.
Expect to need strong credit — typically 680 or above. Down payments usually start at 20% for this program.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in San Juan Capistrano.
San Juan Capistrano attracts retirees, investors, and high-net-worth buyers. Many have serious wealth but no W-2 income to show a traditional lender.
Asset depletion loans solve that problem. Lenders divide your liquid assets over a set term and count that as monthly income.
Most lenders divide eligible assets by 60 to 84 months. That number becomes your qualifying monthly income.
Big retail banks rarely offer asset depletion programs. This is a wholesale and portfolio lender product.
At SRK CAPITAL, we work with 200+ wholesale lenders. We shop this program across multiple sources to find the best fit for your asset profile.
The calculation method matters more than most borrowers realize. One lender uses 60 months, another uses 84. That gap changes your qualifying income significantly.
Retirement accounts often get a haircut — lenders may count only 70% of IRA or 401(k) balances. Know this before you pick a loan amount.
Bank statement loans work better if you run a business with consistent deposits. Asset depletion fits borrowers who don't have that cash flow at all.
DSCR loans are the right call for rental properties. Asset depletion is strictly for owner-occupied or second homes bought on personal wealth.
San Juan Capistrano is an equestrian, coastal, and historic community. Properties here range widely — from modest condos to multi-million-dollar estates.
High-value purchases in this area often exceed conforming loan limits. Asset depletion pairs naturally with jumbo loan amounts for this market.
Cash, checking, savings, stocks, and retirement accounts typically qualify. Illiquid assets like real estate equity usually do not count.
Yes, but most lenders discount retirement accounts by 30%. A $1M IRA may only count as $700K in eligible assets.
No. Asset depletion is available to any borrower with sufficient liquid assets. Age and employment status are not requirements.
Lenders divide your eligible assets by a set number of months — often 60 to 84. That result is treated as your monthly qualifying income.
Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.
Yes. Asset depletion works for second homes and primary residences. Investment properties typically require a DSCR loan instead.