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Loma Linda attracts retirees, physicians, and high-net-worth buyers. Many have significant assets but limited W-2 income.
Asset depletion loans let lenders count your liquid assets as income. No job required. No pay stubs needed.
680+
Min Credit Score
20–30%
Down Payment
240–360 months
Asset Divisor (typical)
None
Income Docs Required
Non-QM
Loan Type
Asset Depletion Loans in Loma Linda
Lenders divide your eligible assets by a set number of months — often 360. That result becomes your monthly income.
Most lenders want a 680+ credit score and 20-30% down. Liquid assets — cash, stocks, retirement accounts — count best.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Loma Linda.
Loma Linda attracts retirees, physicians, and high-net-worth buyers. Many have significant assets but limited W-2 income.
Asset depletion loans let lenders count your liquid assets as income. No job required. No pay stubs needed.
Lenders divide your eligible assets by a set number of months — often 360. That result becomes your monthly income.
Big banks rarely offer asset depletion programs. This is a non-QM product, and most retail lenders don't touch it.
SRK CAPITAL works with 200+ wholesale lenders. We find the ones that actually price this program competitively.
The asset calculation method varies by lender. One lender uses 360 months. Another uses 240. That gap changes everything.
Loma Linda has a high concentration of medical professionals and retirees. This loan fits both profiles well — if the assets are truly liquid.
Bank statement loans work if you run a business with real monthly revenue. Asset depletion works if your money sits in accounts.
DSCR loans apply to investment properties only. Asset depletion can cover a primary home. That's a key difference.
Loma Linda University Medical Center draws physicians who've built wealth quickly. Some haven't filed enough tax returns to qualify conventionally.
The city also draws Seventh-day Adventist retirees with pension assets. Asset depletion was practically designed for this buyer profile.
Cash, brokerage accounts, and retirement funds typically qualify. Illiquid assets like real estate or business equity usually do not.
Yes. Retirees with strong liquid assets are the ideal borrower. No income history required if assets meet the lender's threshold.
Lenders divide eligible assets by a set term — often 360 months. The result is treated as your qualifying monthly income.
They require stronger down payments and credit than conventional loans. But they open doors when tax returns show little income.
Often not. Many lenders discount retirement accounts by 30-40% before calculating income. Confirm the exact method upfront.
Most non-QM lenders want 680 or higher for asset depletion. Some go lower with a larger down payment.