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Ontario sits in the Inland Empire — one of California's most active real estate corridors. Retirees and high-net-worth buyers are active here.
Asset depletion loans fill a real gap. Strong balance sheets don't always come with W-2s, and this loan type is built for that exact situation.
Typically 680+
Min Credit Score
Often 20–30%
Down Payment
60 days minimum
Asset Seasoning
Non-QM
Loan Category
Varies by profile
Rate Type
Asset Depletion Loans in Ontario
Lenders take your liquid assets and divide them over a set term — typically 360 months. That math produces a monthly income figure used to qualify you.
Eligible assets usually include savings, brokerage accounts, and money market funds. Retirement accounts often qualify at a discount, typically 60–70% of their value.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Ontario.
Ontario sits in the Inland Empire — one of California's most active real estate corridors. Retirees and high-net-worth buyers are active here.
Asset depletion loans fill a real gap. Strong balance sheets don't always come with W-2s, and this loan type is built for that exact situation.
Lenders take your liquid assets and divide them over a set term — typically 360 months. That math produces a monthly income figure used to qualify you.
Asset depletion is a non-QM product. That means most banks and credit unions won't touch it. Wholesale lenders built for non-QM are where these deals get done.
We work with 200+ wholesale lenders at SRK CAPITAL. A handful specialize in asset depletion structures. Rates vary by borrower profile and market conditions.
The single biggest mistake I see: borrowers assume any liquid account qualifies. Lenders want seasoned, documented assets — usually 60 days of statements minimum.
Annuities, business accounts, and illiquid investments are often excluded. Get your asset documentation clean before you apply. It speeds up everything.
Bank statement loans work well for self-employed borrowers with active income. Asset depletion is better when income has stopped or is too irregular to document.
DSCR loans are purely investment-property math. Asset depletion works for primary residences, second homes, and investment properties — more flexibility overall.
Ontario draws retirees relocating from higher-cost LA and Orange County markets. Many arrive cash-heavy from home sales but show little taxable income. Asset depletion is a natural fit.
San Bernardino County has no income-based loan limit concerns for non-QM. Loan amounts are driven by your asset pool and lender guidelines — not county caps.
They divide eligible liquid assets by the loan term, often 360 months. That number becomes your qualifying monthly income.
Yes, but most lenders apply a 60–70% discount to retirement accounts. Only the adjusted value counts toward qualifying.
Most non-QM lenders want at least a 680. Stronger assets can sometimes offset a lower score, but 680 is a safe baseline.
Yes. Many lenders allow it on non-owner-occupied properties. Down payment requirements are typically higher for investment use.
DSCR loans qualify on rental income from the property. Asset depletion uses your personal liquid assets — no rental income needed.