Question 1

How much in assets do I need to qualify in Rialto?

Accepted Answer

It depends on the purchase price and your lender's formula. More assets means higher calculated income, which supports a larger loan.

Question 2

Can I use my 401k or IRA for asset depletion?

Accepted Answer

Yes, but most lenders apply a 60–70% haircut to retirement accounts. Liquid non-retirement assets qualify at full value.

Question 3

Do I need to actually withdraw the assets?

Accepted Answer

No. The assets stay in your accounts. Lenders just use the balance to calculate a qualifying income figure — no liquidation required.

Question 4

What credit score do I need for this loan?

Accepted Answer

Most lenders start at 620, but better pricing kicks in at 680 and above. Higher scores open up more lender options.

Question 5

Is asset depletion available for investment properties in Rialto?

Accepted Answer

Yes. Some lenders offer it for non-owner-occupied properties. Expect stricter asset requirements and higher rates on investment deals.

Question 6

How long does this loan take to close?

Accepted Answer

Asset depletion loans typically close in 21–30 days. Complex asset documentation can extend that timeline, so get accounts organized early.

Asset Depletion Loans in Rialto, CA