Question 1

What assets count toward qualification in Menlo Park?

Accepted Answer

Stocks, bonds, mutual funds, savings, money market accounts, and now cryptocurrency at participating lenders. Most retirement accounts count at 60-70% of value.

Question 2

Do I need to liquidate my investments to qualify?

Accepted Answer

No. Lenders calculate income from total holdings without requiring you to sell. You maintain your investment positions throughout the loan.

Question 3

How do rates compare to conventional loans?

Accepted Answer

Rates run 0.5-1.5% higher than conventional programs. Exact pricing depends on credit score, down payment, and asset liquidity. Rates vary by borrower profile and market conditions.

Question 4

Can I use retirement accounts if I'm under 59.5?

Accepted Answer

Yes. Lenders count IRA and 401k balances even if you can't withdraw without penalty. They typically apply a 60-70% haircut to retirement funds.

Question 5

How long does underwriting take?

Accepted Answer

Asset depletion loans close in 21-30 days typically. Verification of account balances moves faster than employment and income documentation for traditional loans.

Question 6

What if my crypto holdings fluctuate during underwriting?

Accepted Answer

Lenders use the verified balance from your statements at application. Daily price swings don't affect qualification once the initial value is documented and verified.

Asset Depletion Loans in Menlo Park: Qualify Using Your Portfolio, Not Your Paystub