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Rialto sits in the heart of San Bernardino County — a market that draws retirees, investors, and self-directed wealth holders. Asset depletion loans exist specifically for buyers with money but no W-2.
This is a non-QM loan. That means it falls outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers it, but we work with 200+ wholesale lenders who do.
620–680+
Min Credit Score
60 Days Required
Asset Seasoning
None (asset-based)
Income Docs Needed
21–30 Days
Typical Close Time
Non-QM
Loan Type
Asset Depletion Loans in Rialto
Lenders calculate qualifying income by dividing your liquid assets over a set number of months — typically 60 to 360. That formula becomes your monthly income on paper.
Eligible assets usually include checking, savings, money market accounts, and investment portfolios. Retirement accounts may count at a discount. Home equity and illiquid assets generally do not.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Rialto.
Rialto sits in the heart of San Bernardino County — a market that draws retirees, investors, and self-directed wealth holders. Asset depletion loans exist specifically for buyers with money but no W-2.
This is a non-QM loan. That means it falls outside standard Fannie Mae and Freddie Mac guidelines. Not every lender offers it, but we work with 200+ wholesale lenders who do.
Lenders calculate qualifying income by dividing your liquid assets over a set number of months — typically 60 to 360. That formula becomes your monthly income on paper.
Most retail banks won't touch asset depletion loans. Credit unions rarely offer them. This product lives almost entirely in the wholesale and private lending space.
That's where having a broker matters. We shop this product across lenders daily. Asset formulas, rate structures, and reserve requirements vary significantly from lender to lender.
The biggest mistake we see: borrowers move assets right before applying. Lenders want to see 60 days of seasoning on all accounts. Move money too late and it may not count.
Asset type matters as much as asset size. A $2M brokerage account with concentrated stock positions hits differently than $2M in a diversified money market. Lenders scrutinize this.
Bank statement loans work better for self-employed borrowers who show cash flow. Asset depletion works for borrowers who don't draw income at all — retirees, investors, inheritance recipients.
DSCR loans are another option if the Rialto property you're buying generates rental income. But if this is a primary residence purchase with no rental angle, asset depletion is the cleaner path.
San Bernardino County has a relatively accessible price point compared to coastal California. That means asset depletion borrowers here often need fewer total assets to hit qualifying income targets.
Rialto also draws investors and retirees relocating from higher-cost areas. If you sold a home in LA or Orange County, you may be sitting on substantial liquid proceeds — exactly what this loan is built for.
It depends on the purchase price and your lender's formula. More assets means higher calculated income, which supports a larger loan.
Yes, but most lenders apply a 60–70% haircut to retirement accounts. Liquid non-retirement assets qualify at full value.
No. The assets stay in your accounts. Lenders just use the balance to calculate a qualifying income figure — no liquidation required.
Most lenders start at 620, but better pricing kicks in at 680 and above. Higher scores open up more lender options.
Yes. Some lenders offer it for non-owner-occupied properties. Expect stricter asset requirements and higher rates on investment deals.
Asset depletion loans typically close in 21–30 days. Complex asset documentation can extend that timeline, so get accounts organized early.