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Asset Depletion Loans in Highland
Can I qualify for an asset depletion loan if I'm retired and have no W-2 income?
Yes. Asset depletion loans are built for retirees and semi-retired buyers. Your liquid savings are converted to qualifying income on a fixed drawdown schedule, so employment history doesn't matter.
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Highland's median home price sits at $532,500, with homes moving in 39 days on average. At $341 per square foot, the market offers solid value for buyers seeking stability in San Bernardino County.
An asset depletion loan converts your liquid savings into qualifying income on a fixed schedule. This approach works for retirees, semi-retired buyers, and anyone whose assets exceed their W-2 income.
680
Minimum credit score
50%
Maximum debt-to-income
9 months
Minimum reserves required
$3,000,000
Maximum loan amount
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Asset depletion loans for a primary residence require a minimum 680 representative credit score and a maximum 50 percent total debt-to-income ratio. Your liquid assets are divided by a fixed number of months to create qualifying income.
You'll need at least 9 months of reserves after closing, and your residual income must reach a minimum $1,500 per month. Loan amounts top out at $3,000,000 for a primary residence.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Highland.
Highland's median home price sits at $532,500, with homes moving in 39 days on average. At $341 per square foot, the market offers solid value for buyers seeking stability in San Bernardino County.
An asset depletion loan converts your liquid savings into qualifying income on a fixed schedule. This approach works for retirees, semi-retired buyers, and anyone whose assets exceed their W-2 income.
Asset depletion loans for a primary residence require a minimum 680 representative credit score and a maximum 50 percent total debt-to-income ratio. Your liquid assets are divided by a fixed number of months to create qualifying 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.
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Asset depletion loans sit outside the conventional and agency universe. Brokers access specialized lenders who underwrite on asset conversion rather than employment history.
SRK CAPITAL closes asset depletion files in 17 to 21 days, or 10 days when expedited. Underwriting focuses on your liquid assets, their source, and their stability—not your job title or recent pay stubs.
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Asset depletion loans make sense in Highland when you have substantial liquid assets but limited or irregular W-2 income. A retiree with significant savings can qualify for a $532,500 purchase here without touching Social Security or pension income.
The trade-off is documentation depth. You'll provide bank statements, investment account history, and proof of asset ownership. That extra paperwork is the price of accessing purchasing power that employment-based programs won't recognize.
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Conventional loans demand employment history and recent pay stubs. Asset depletion loans ignore employment entirely and qualify you on savings instead—a fundamental difference for anyone whose income is irregular or has ended.
FHA loans require income documentation and carry mortgage insurance for the life of the loan when down payment is under 10 percent. Ask SRK CAPITAL how mortgage insurance rules apply to your specific asset depletion scenario.
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Highland sits in the Inland Empire, where new dining and community investment are reshaping the region. Six new coffeehouses recently opened across the area, and local breweries like Hangar 24 and Claremont Craft Ales are earning regional recognition.
Ontario International Airport's ONT BOLD expansion project signals long-term infrastructure investment in San Bernardino County. That kind of regional growth supports home values and quality of life for buyers choosing to settle here.
FAQ
Yes. Asset depletion loans are built for retirees and semi-retired buyers. Your liquid savings are converted to qualifying income on a fixed drawdown schedule, so employment history doesn't matter.
Savings accounts, money market funds, stocks, bonds, mutual funds, and retirement accounts (with appropriate tax treatment) all count. Your lender will verify ownership and stability through bank statements and account history.
Down payment requirements vary by lender and loan amount. Your assets may cover both the down payment and the reserves required after closing, so discuss your specific situation with SRK CAPITAL.
SRK CAPITAL closes asset depletion files in 17 to 21 days, or 10 days when expedited. Underwriting focuses on asset verification, so the timeline is competitive with conventional loans.
For a primary residence, loan amounts top out at $3,000,000. At Highland's $532,500 median price, you have substantial headroom to purchase the home you want.
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 San Bernardino County
Our team of licensed mortgage brokers works San Bernardino 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 San Bernardino 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.