Question 1

What types of assets count toward qualification in Vista?

Accepted Answer

Checking, savings, money market, and brokerage accounts typically qualify. Retirement accounts may count at 60–70% of the balance.

Question 2

Can I use home sale proceeds as qualifying assets?

Accepted Answer

Yes, once the funds are in a liquid account and properly documented. Lenders want to see the money seasoned — usually 60 days of statements.

Question 3

What credit score do I need for an asset depletion loan?

Accepted Answer

Most lenders start at 680. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 4

Is asset depletion only for retired borrowers?

Accepted Answer

No. It works for anyone with significant liquid assets and limited documented income — investors, business owners, and retirees alike.

Question 5

How is my qualifying income calculated from assets?

Accepted Answer

Lenders divide your eligible asset total by a set number of months, often 60 to 84. That monthly figure is your qualifying income.

Question 6

Can I buy a primary home in Vista with this loan?

Accepted Answer

Yes. Asset depletion works for primary residences, second homes, and investment properties. Property type affects down payment and rate.

Asset Depletion Loans in Vista, CA