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Jurupa Valley sits in Riverside County, where home prices remain more accessible than coastal California. That price point works in your favor with asset depletion — your liquid assets go further here.
Asset depletion is a non-QM loan. That means lenders use your savings, investments, or retirement accounts to calculate income — not a pay stub.
680+
Min Credit Score
20% typical
Down Payment
Assets ÷ 360 months
Asset Calculation
None
Income Docs Required
Non-QM
Loan Type
Lenders divide your liquid assets by a set loan term — often 360 months — to create a monthly income figure. That number drives your debt-to-income ratio.
Most lenders want a 680+ credit score and 20% down. Retirement accounts often count at 60–70% of value due to withdrawal penalties.
Big banks rarely offer asset depletion. This is a wholesale and portfolio lender product. You need a broker with access to non-QM lenders.
Rates run higher than conventional loans — expect a premium for the flexible qualification. Rates vary by borrower profile and market conditions.
We see this loan used most by retirees and early retirees. They have substantial assets but show little taxable income. Traditional lenders turn them away.
Asset mix matters. Checking, savings, and brokerage accounts are cleaner to document. Illiquid assets like real estate equity do not count.
Bank Statement Loans work better if you run a business with active cash flow. Asset Depletion fits borrowers who have already accumulated wealth and don't need to work.
DSCR Loans are the move if you're buying a rental property. Asset Depletion is strictly for primary residences or second homes — not investment properties at most lenders.
Jurupa Valley has a mix of single-family homes and larger lots that attract buyers relocating from higher-cost areas. Many bring significant equity or liquid assets from prior home sales.
Riverside County's relative affordability means asset depletion borrowers often qualify for properties without stretching their asset base thin. That's a meaningful advantage in this program.
Checking, savings, money market, and brokerage accounts typically qualify. Retirement accounts often count at 60–70% due to early withdrawal penalties.
Most non-QM lenders restrict asset depletion to primary residences or second homes. For investment properties, DSCR loans are a stronger fit.
It depends on the loan amount and term. Lenders divide total assets by 360 months — the result must cover your monthly debt obligations.
No. Asset depletion is specifically designed for borrowers without traditional employment income. Assets replace the income verification entirely.
Expect a rate premium over conventional pricing. Non-QM lenders take on more risk, and that cost passes to the borrower. Rates vary by borrower profile and market conditions.
Most lenders require 680 or higher for asset depletion. Some go lower with larger asset reserves or a bigger down payment.
Asset Depletion Loans in Jurupa Valley