Question 1

What types of assets can I use to qualify?

Accepted Answer

Checking, savings, brokerage, money market, and retirement accounts all work. Some lenders now accept verified cryptocurrency holdings as of early 2026.

Question 2

How do lenders calculate my qualifying income from assets?

Accepted Answer

They divide your total liquid assets by 360 months. $1.8 million in assets creates $5,000 monthly qualifying income.

Question 3

Do I need to liquidate my assets to get the loan?

Accepted Answer

No. Lenders verify balances but don't require you to sell holdings. Assets remain invested throughout the loan.

Question 4

Can I use retirement accounts like 401(k) or IRA?

Accepted Answer

Yes, but lenders apply a tax deduction—often 25-30%—to account for withdrawal penalties and taxes on distributions.

Question 5

Are asset depletion rates higher than conventional loans?

Accepted Answer

Yes. Expect rates 1-2% higher than conventional due to non-QM risk pricing. Rates vary by borrower profile and market conditions.

Question 6

How much down payment do I need in Los Gatos?

Accepted Answer

Most programs require 20% down. Stronger credit and larger portfolios can sometimes qualify at 10-15% down.

Asset Depletion Loans in Los Gatos: Qualify Using Your Portfolio, Not Your Paystub