Question 1

Can I use my 401(k) to qualify?

Accepted Answer

Most lenders accept it but discount the balance by 30% to 40% due to withdrawal penalties. IRAs and taxable accounts get better treatment.

Question 2

Do I need to liquidate assets to close?

Accepted Answer

No. Lenders verify balances but don't require you to sell. You just need proof the assets exist and are accessible.

Question 3

How does crypto qualification work now?

Accepted Answer

Select lenders accept verified holdings on major exchanges if you've held them 12+ months. Expect documentation and third-party verification.

Question 4

What rate premium should I expect?

Accepted Answer

Plan for 1% to 2% above conventional rates. Your credit score and asset depth affect final pricing. Rates vary by borrower profile and market conditions.

Question 5

Can I combine asset depletion with other income?

Accepted Answer

Yes. Some lenders let you stack W-2, rental income, or Social Security alongside asset-based qualifying income for stronger approval.

Asset Depletion Loans in Redwood City — Qualify With Your Portfolio, Not Your Paystub