Loading
Loading
Asset Depletion Loans in Indian Wells
What assets count toward qualification?
Cash, stocks, bonds, and vested retirement accounts typically qualify. Business accounts and illiquid assets usually do not.
01
Indian Wells attracts high-net-worth buyers — retirees, executives, and investors with serious assets but no W-2 to show a traditional lender.
Asset depletion loans solve that problem. Lenders calculate a monthly income figure from your liquid assets instead of requiring a pay stub.
Typically 680+
Min Credit Score
Often 20–30%
Down Payment
Usually 60–90 days
Asset Seasoning
No
Employment Required
Non-QM
Loan Type
02
Lenders take your eligible liquid assets — cash, stocks, retirement accounts — and divide by a set number of months to derive income.
Most lenders require strong credit, typically 680 or higher. Expect larger down payments than conventional loans, often 20–30%.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Indian Wells.
Indian Wells attracts high-net-worth buyers — retirees, executives, and investors with serious assets but no W-2 to show a traditional lender.
Asset depletion loans solve that problem. Lenders calculate a monthly income figure from your liquid assets instead of requiring a pay stub.
Lenders take your eligible liquid assets — cash, stocks, retirement accounts — and divide by a set number of months to derive income.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Fewer than a handful of big banks offer this product. It lives mostly in the non-QM wholesale market — which is exactly where we operate.
As of April 2026, we have access to 200+ wholesale lenders. Several specialize in asset depletion for high-balance California purchases.
04
The biggest mistake we see: borrowers liquidate assets before applying, thinking it helps. It usually doesn't. Seasoned assets in accounts matter most.
Different lenders calculate depletion differently. One might divide over 60 months, another over 84. That gap changes your qualifying income significantly.
05
Bank statement loans work well if you have self-employment income flowing through accounts. Asset depletion works when the income itself has stopped.
DSCR loans fit investment properties using rental income. Asset depletion fits your primary or second home when assets are the story, not rents.
06
Indian Wells is a second-home and retirement market. Many buyers here have sold businesses or investment portfolios and sit on significant liquid wealth.
Purchase prices in this market are high. Asset depletion loans can handle jumbo loan amounts — that makes them a practical tool here, not a niche one.
FAQ
Cash, stocks, bonds, and vested retirement accounts typically qualify. Business accounts and illiquid assets usually do not.
Yes. Asset depletion works for primary residences and second homes. Lender terms may differ slightly for each property type.
They divide your eligible asset total by a set number of months — often 60 to 84. That result becomes your qualifying monthly income.
No. Any borrower with significant liquid assets and limited documentable income can qualify. Retirees are common applicants, but not the only ones.
Typically yes — this is a non-QM product. Rates vary by borrower profile and market conditions, but strong credit and assets help narrow the gap.
Asset depletion lenders can go into jumbo territory. Loan limits depend on lender guidelines, your asset total, and credit profile.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Riverside County
Our team of licensed mortgage brokers works Riverside County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Riverside County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.