Question 1

How much in assets do I need to qualify in Healdsburg?

Accepted Answer

Most lenders require $500k minimum in liquid assets, though some programs start at $300k. The lender divides your total by 84-360 months to calculate qualifying income.

Question 2

Can I use my 401(k) to qualify for an asset depletion loan?

Accepted Answer

Yes, but lenders typically count only 70% of retirement account balances to account for early withdrawal penalties. Taxable brokerage accounts count at full value.

Question 3

Do asset depletion loans work for investment properties?

Accepted Answer

Yes, though some lenders limit them to primary homes and second homes. DSCR loans often make more sense for pure investment properties in Healdsburg.

Question 4

What interest rate should I expect on an asset depletion loan?

Accepted Answer

Rates typically run 1-2% above conventional loans and vary by credit score, down payment, and asset levels. Rates vary by borrower profile and market conditions.

Question 5

Can cryptocurrency count toward qualifying assets?

Accepted Answer

Select lenders now accept verified crypto holdings, but expect a 50-60% haircut and strict documentation including exchange statements and wallet verification.

Question 6

How does asset depletion differ from bank statement loans?

Accepted Answer

Bank statement loans use deposits to prove income. Asset depletion ignores income entirely and qualifies you based on total liquid holdings divided over a fixed term.

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