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Asset Depletion Loans in San Bernardino
Do I need a W-2 job to qualify for an asset depletion loan?
No. Asset depletion loans convert your liquid assets into qualifying income. You need bank statements and proof of savings, not employment history.
01
San Bernardino's median home price is $509,045. Homes move in roughly 49 days with 582 active listings on the market.
Asset depletion loans convert savings into qualifying income on a fixed schedule. This program works well for buyers with liquid assets but no current employment.
680
Minimum credit score
9 months
Minimum reserves
50%
Debt-to-income cap
$509,045
Median home price
02
Asset depletion loans require a minimum 680 representative credit score for a primary residence. You'll also need a maximum 50 percent total debt-to-income ratio and at least 9 months of reserves.
The program caps loan amounts at $3,000,000 for a primary residence and requires a minimum $1,500 monthly residual income. On a $509,045 median-price home, these thresholds are achievable for buyers with liquid assets.
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's median home price is $509,045. Homes move in roughly 49 days with 582 active listings on the market.
Asset depletion loans convert savings into qualifying income on a fixed schedule. This program works well for buyers with liquid assets but no current employment.
Asset depletion loans require a minimum 680 representative credit score for a primary residence. You'll also need a maximum 50 percent total debt-to-income ratio and at least 9 months of reserves.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Asset depletion loans are written by a smaller set of lenders than conventional or FHA programs. SRK CAPITAL shops these loans across its wholesale lender network to find the best fit.
Underwriting focuses on the asset base and the fixed drawdown schedule, not employment history. Documentation runs light: you'll provide bank statements, investment account statements, and proof of liquid assets.
04
Asset depletion loans make the most sense in San Bernardino for semi-retired buyers or those with significant savings but no current employment. The $509,045 median price sits well below the $3,000,000 loan cap.
If you have liquid assets and a solid credit score, this path opens doors that W-2 lending won't. No employment income requirement means you qualify on what you've saved, not what you earn.
05
Asset depletion programs skip the W-2 income requirement entirely. Conventional lending demands recent pay stubs and tax returns instead.
Asset depletion reads your bank account and converts savings into qualifying income. Conventional lenders want proof of earned income, making asset depletion the right choice when employment is seasonal, recently ended, or not there.
06
Ontario International Airport is moving forward with the ONT BOLD expansion project. That infrastructure investment supports long-term property values across the Inland Empire and San Bernardino.
Six new coffeehouses have recently opened across the Inland Empire. That kind of local amenity expansion signals a market where people want to stay and build community.
07
San Bernardino's market shows 582 active listings and a median price of $509,045. Homes are selling in roughly 49 days, indicating steady demand.
The county's median household income is $82,184. Buyers with significant savings can often qualify here even if their current income is low or nonexistent.
FAQ
No. Asset depletion loans convert your liquid assets into qualifying income. You need bank statements and proof of savings, not employment history.
Bank accounts, savings, investment accounts, and money market funds all count. Real estate and retirement accounts typically don't.
The program requires a minimum 680 representative credit score for a primary residence. If your score is below that, other programs may offer more flexibility.
You'll need at least 9 months of reserves for a primary residence. Reserves are one of the program's core strengths.
SRK CAPITAL closes asset depletion loans in 17 to 21 days standard. Expedited files close in 10 days.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in San Bernardino County
Our team of licensed mortgage brokers works San Bernardino County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including San Bernardino County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.