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Citrus Heights attracts retirees and self-directed investors who hold real wealth in portfolios, not paychecks. Traditional income docs don't tell that story.
Asset depletion loans solve a real problem. Lenders divide your liquid assets over a loan term to create a qualifying income figure — no W-2 required.
680+ typical
Min Credit Score
20% minimum
Down Payment
240–360 months
Asset Calc Period
Non-QM
Loan Type
Asset Depletion Loans in Citrus Heights
Most lenders require significant liquid assets — think brokerage accounts, savings, and money market funds. Retirement accounts often count at a discount.
Credit requirements are stricter than FHA. Expect a 680 minimum at most lenders, and down payments typically start at 20%.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Citrus Heights.
Citrus Heights attracts retirees and self-directed investors who hold real wealth in portfolios, not paychecks. Traditional income docs don't tell that story.
Asset depletion loans solve a real problem. Lenders divide your liquid assets over a loan term to create a qualifying income figure — no W-2 required.
Most lenders require significant liquid assets — think brokerage accounts, savings, and money market funds. Retirement accounts often count at a discount.
Big banks don't offer asset depletion loans. This is a non-QM product held by specialty lenders and portfolio investors.
Rates vary significantly across lenders. Shopping 200+ wholesale sources is the only way to find the real floor on pricing for this product.
The asset calculation method differs by lender. Some divide over 360 months. Others use 240. That gap changes your qualifying income dramatically.
Illiquid assets — real estate equity, business ownership, collectibles — usually don't count. Get your liquid asset list tight before applying.
Bank statement loans use 12–24 months of deposits to build income. Asset depletion uses your balance sheet instead. Both are non-QM — but they serve different borrower profiles.
DSCR loans work when the property generates rental income. Asset depletion works when you're buying a primary residence and the income just isn't there on paper.
Citrus Heights sits in Sacramento County, a market where buyers face real competition without sky-high Bay Area prices. Asset depletion borrowers can compete effectively here.
As of April 2026, Sacramento County remains more accessible than coastal California. That makes asset depletion viable for borrowers who want to preserve cash flow.
Checking, savings, brokerage, and money market accounts typically qualify. Retirement accounts often count at a percentage, usually 60–70%.
Most lenders count retirement accounts at a discount. Expect 60–70% of the balance to be usable, depending on your age and the lender's guidelines.
Yes. Most lenders allow it for primary residences, second homes, and investment properties. Guidelines vary by lender.
Lenders divide eligible assets by a set number of months — often 240 or 360. That result becomes your monthly qualifying income figure.
Yes. Non-QM programs carry a rate premium over conventional. Rates vary by borrower profile and market conditions.
No. The calculation is hypothetical. You keep your assets — lenders just use the balance to determine if you can support the payment.