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Solana Beach attracts retirees, executives, and investors with significant wealth but no traditional paycheck. Asset depletion loans were built for exactly this borrower.
This is a non-QM loan — meaning it falls outside conventional guidelines. Lenders calculate income by dividing your liquid assets over a set term, typically 60 to 360 months.
680–720+
Min Credit Score
20%
Min Down Payment
60–90 Days
Asset Seasoning
No
Employment Required
12+ Months
Reserve Requirement
Asset Depletion Loans in Solana Beach
Lenders look at verifiable liquid assets: brokerage accounts, savings, money market funds, and retirement accounts (with a haircut). Real estate equity doesn't count here.
Expect a minimum credit score around 680, though many lenders want 700 or higher. Down payment requirements typically start at 20% for this loan type.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Solana Beach.
Solana Beach attracts retirees, executives, and investors with significant wealth but no traditional paycheck. Asset depletion loans were built for exactly this borrower.
This is a non-QM loan — meaning it falls outside conventional guidelines. Lenders calculate income by dividing your liquid assets over a set term, typically 60 to 360 months.
Lenders look at verifiable liquid assets: brokerage accounts, savings, money market funds, and retirement accounts (with a haircut). Real estate equity doesn't count here.
Most retail banks won't touch asset depletion loans. This is almost exclusively a wholesale and portfolio lender product — which is exactly where we operate.
Rates vary by lender, asset type, and loan-to-value ratio. Rates vary by borrower profile and market conditions. Shopping across lenders matters more on non-QM than anywhere else.
The biggest mistake I see: borrowers moving assets right before applying. Lenders want 60–90 days of seasoning on those accounts. Move money early or be prepared to explain every transfer.
Asset calculations differ by lender. One might give you full credit on a brokerage account. Another discounts it 30%. Getting the right lender for your specific asset mix changes your buying power significantly.
Bank statement loans work better for self-employed borrowers with active business income. Asset depletion fits the borrower who has stopped drawing income but built significant wealth.
DSCR loans cover investment properties using rental income. Asset depletion covers your primary or second home using portfolio wealth. They solve different problems for different borrowers.
Solana Beach sits in San Diego County, a high-cost area where luxury coastal properties routinely push well above conforming loan limits. Asset depletion is frequently used in jumbo territory here.
As of April 2026, many Solana Beach buyers combining asset depletion with jumbo loan structures need substantial reserves on top of the down payment. Plan for 12 months of reserves minimum.
Savings, brokerage, and money market accounts typically qualify in full. Retirement accounts count at 60–70% of value.
Yes. Asset depletion works for primary residences and second homes. Investment properties usually require a DSCR loan instead.
They divide your eligible asset total by a set number of months — often 60 to 360. That monthly figure becomes your qualifying income.
No. Any borrower with qualifying liquid assets can use this program. Retirement status is not a requirement.
Expect 30–45 days. Non-QM underwriting moves slower than conventional. Have all account statements ready on day one.
The income calculation is different, not necessarily harder. Strong assets, good credit, and 20% down make approval straightforward.