Loading
Stanton sits in central Orange County — a market where retirees, investors, and high-net-worth buyers are common. Many of them hold serious wealth but show little taxable income.
Asset depletion loans convert liquid assets into qualifying income. No W-2. No pay stub. Your portfolio does the talking.
680+
Min Credit Score
20% minimum
Down Payment
None
Income Docs Required
60–360 months
Asset Calculation Period
Lenders divide your eligible assets by a set number of months — typically 60 to 360 — to calculate monthly income. A $1.2M portfolio might yield $3,300/month in qualifying income.
Most lenders want a 680+ credit score and at least 20% down. Assets must be liquid — think checking, savings, money market, or vested brokerage accounts.
Asset depletion is a non-QM product. Your local bank almost certainly won't offer it. You need a broker with access to wholesale non-QM lenders.
We work with 200+ wholesale lenders at SRK CAPITAL. Several specialize in asset-based qualifying. We know which ones price this product competitively in Orange County.
CNBC flagged 30-year conforming rates hitting 6.30% recently — that's a real number for asset depletion borrowers to factor in. Rates vary by borrower profile and market conditions.
Asset depletion rates typically run 0.5% to 1.5% above conforming rates. Borrowers with strong reserves and low LTV get the best pricing. Putting 30–40% down changes the conversation fast.
Bank statement loans work if you have self-employment income flowing through accounts. Asset depletion works when the income isn't there — just the wealth.
DSCR loans cover investment properties by using rental income. Asset depletion covers any property type. That flexibility matters for Stanton buyers looking at primary residences.
Orange County has a dense retiree population. Many sold businesses or investment properties and are sitting on substantial cash — exactly the borrower profile asset depletion was built for.
Stanton's lower price point compared to coastal OC cities means borrowers often need less asset drawdown to qualify. That leaves more cushion in reserve requirements.
Checking, savings, money market, and vested brokerage accounts typically qualify. Retirement accounts often count at 70% of their value.
It depends on the loan amount and how many months the lender uses to divide assets. More assets and lower loan amounts make qualification easier.
Yes. Unlike DSCR loans, asset depletion works for primary residences, second homes, and investment properties.
Most lenders require at least 680. Some non-QM lenders will go lower, but pricing gets significantly worse below that threshold.
Standard mortgages require documented income like W-2s or tax returns. Asset depletion uses your liquid net worth instead.
Asset Depletion Loans in Stanton