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San Bernardino attracts buyers seeking affordable entry points in Southern California. The county's median household income of $82,184 supports purchases across neighborhoods and price points.
Three Inland Empire breweries won recognition at a regional craft beer competition. Six new coffeehouses have opened across the county, reflecting ongoing community investment.
620+
Minimum FICO
10–20%
Down Payment Range
30–45 days
Underwriting Timeline
$82,184
County Median Income
Asset Depletion Loans in San Bernardino
Asset Depletion Loans let borrowers qualify using retirement savings and investment accounts. This program works for retirees, self-employed buyers, and those with irregular earnings.
Most lenders require a 620 FICO minimum. Down payments typically range from 10% to 20%. The program counts a portion of your assets as monthly income.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in San Bernardino.
San Bernardino attracts buyers seeking affordable entry points in Southern California. The county's median household income of $82,184 supports purchases across neighborhoods and price points.
Three Inland Empire breweries won recognition at a regional craft beer competition. Six new coffeehouses have opened across the county, reflecting ongoing community investment.
Asset Depletion Loans let borrowers qualify using retirement savings and investment accounts. This program works for retirees, self-employed buyers, and those with irregular earnings.
Asset Depletion Loans are offered by a smaller pool of lenders than conventional or FHA. Broker networks often have better access than retail banks.
Underwriting takes 30–45 days because lenders must verify your assets carefully. Documentation is heavier than standard loans. Expect bank statements, brokerage records, and valuations.
Asset Depletion Loans shine for San Bernardino retirees with substantial savings. If you're downsizing and bringing liquid assets, this program bridges the income gap.
The program struggles when assets are tied up in real estate. If your wealth is mostly home equity or locked retirement funds, conventional or FHA may be faster.
Conventional loans require documented income and typically 20% down to avoid PMI. Asset Depletion Loans let you put down less if you have savings to back the loan.
FHA loans are faster and more widely available but require mortgage insurance. Asset Depletion Loans skip mortgage insurance but demand heavier asset proof and longer underwriting.
Ontario International Airport's ONT BOLD expansion is underway, signaling major infrastructure investment. This kind of long-term development supports property values across San Bernardino County.
The Inland Empire's growing food and beverage scene reflects a maturing local economy. Buyers relocating to San Bernardino often find more lifestyle options than expected.
Yes. Asset Depletion Loans are designed for retirees. Lenders count a portion of your savings as monthly income.
Lenders typically divide your liquid assets by 360 months. A $300,000 in savings counts as roughly $833 per month.
No. Asset Depletion Loans usually take 30–45 days. Conventional loans often close in 21–30 days with simpler documentation.
No. Asset Depletion Loans skip mortgage insurance entirely. Your assets serve as the lender's safety net.
Provide 2–3 months of bank and brokerage statements. You'll also need tax returns, ID, and proof of any pension income.