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Seal Beach attracts retirees and high-net-worth buyers who hold serious wealth — but show little taxable income. Asset depletion loans are built for exactly that profile.
This is a non-QM loan. That means it falls outside standard lending rules. Lenders calculate income by dividing your liquid assets over a set term instead of looking at pay stubs.
680 (typical)
Min Credit Score
20–30%
Down Payment
Asset-based only
Income Verification
360 months
Loan Term Used
Higher than conventional
Rate Type
Asset Depletion Loans in Seal Beach
Lenders divide your eligible assets by the loan term — typically 360 months. That monthly figure becomes your qualifying income. A $1.8M portfolio could generate $5,000/month in calculated income.
Most lenders want a 680+ credit score and 20–30% down. Eligible assets usually include checking, savings, money markets, and certain investment accounts. Retirement accounts often count at a haircut.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Seal Beach.
Seal Beach attracts retirees and high-net-worth buyers who hold serious wealth — but show little taxable income. Asset depletion loans are built for exactly that profile.
This is a non-QM loan. That means it falls outside standard lending rules. Lenders calculate income by dividing your liquid assets over a set term instead of looking at pay stubs.
Lenders divide your eligible assets by the loan term — typically 360 months. That monthly figure becomes your qualifying income. A $1.8M portfolio could generate $5,000/month in calculated income.
Most retail banks won't touch asset depletion loans. This is a wholesale and portfolio lender product. You need a broker with real non-QM relationships to price it competitively.
Rates run higher than conventional loans. That's the trade-off for flexible income calculation. Rates vary by borrower profile and market conditions — your asset mix and credit tier matter a lot.
Not all assets qualify equally. Vested stock options, crypto, and annuities are often excluded or heavily discounted. Show up with clear, documented liquid holdings — that speeds up approval.
We run this loan across 200+ wholesale lenders. Asset depletion guidelines vary significantly by lender. One lender might cap eligible assets at 70% of an IRA — another might go 80%. That spread matters.
Bank statement loans work better if you run a business with regular deposits. Asset depletion fits the retired buyer or the investor who doesn't draw a salary worth documenting.
DSCR loans are for rental properties — income comes from the property, not you. Asset depletion is personal. If the property is your primary home or second home, this is the right non-QM path.
Seal Beach sits in Orange County with a largely established residential base. Many buyers here are downsizing or relocating in retirement — they have the assets, not the W-2s.
As of April 2026, Orange County remains a high-cost market. Asset depletion loans can go into jumbo territory. Confirm your lender's maximum loan amount before you fall in love with a listing.
Checking, savings, money markets, and brokerage accounts typically qualify. Retirement accounts often count at 60–70% of their value depending on the lender.
No. Retirees are the most common borrowers, but any asset-rich buyer with limited documented income can qualify. Executives and passive investors use this program too.
Lenders divide total eligible assets by the loan term — usually 360 months. That result is your monthly qualifying income for the application.
Yes. Most lenders allow asset depletion on primary residences and second homes. Investment property guidelines vary more — ask your broker upfront.
Most banks sell loans on the secondary market and must follow strict income documentation rules. Asset depletion is a portfolio or wholesale product — it lives outside those guidelines.
Plan for 20–30% down. The exact requirement depends on your credit score, asset type, and the lender's specific program guidelines.