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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
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.
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.
Asset Depletion Loans in Seal Beach