Question 1

What counts as a liquid asset for qualification?

Accepted Answer

Stocks, bonds, mutual funds, money market accounts, and verified cryptocurrency. Real estate equity doesn't qualify unless you're selling the property.

Question 2

Can I use my 401(k) balance?

Accepted Answer

Yes, if you're 59½ or older. Under that age, penalties make it illiquid unless you're rolling it to an IRA without penalty.

Question 3

How do lenders verify cryptocurrency holdings?

Accepted Answer

They require 60-day account statements from regulated exchanges showing consistent balances. Cold wallet holdings need third-party verification services.

Question 4

What's the minimum asset amount needed?

Accepted Answer

Most lenders want $500K minimum in liquid assets. That generates roughly $8,300 monthly income using 60-month depletion calculation.

Question 5

Do I need to sell my investments to qualify?

Accepted Answer

No. Lenders calculate theoretical income from your assets. You keep everything invested unless you need funds for down payment or closing.

Question 6

How does this compare to stated income loans?

Accepted Answer

Asset depletion requires full documentation of your accounts. Stated income programs no longer exist in any legitimate form after 2008.

Asset Depletion Loans in Mountain View: Qualify Using Your Investment Portfolio