Question 1

Can I use retirement accounts for asset depletion qualification?

Accepted Answer

Yes, but lenders only count 70% of IRA and 401(k) balances to account for early withdrawal penalties and taxes. Non-retirement brokerage accounts qualify at 100%.

Question 2

What interest rates should I expect on asset depletion loans in Patterson?

Accepted Answer

Rates vary by borrower profile and market conditions. Expect 1-2 percentage points above conventional rates as of February 2026, typically landing in the 7-8% range for well-qualified borrowers.

Question 3

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

Accepted Answer

No. Lenders verify asset values but don't require you to sell holdings. You need sufficient liquid assets remaining after your down payment and closing costs.

Question 4

How do lenders verify cryptocurrency holdings for qualification?

Accepted Answer

They require statements from recognized custodial platforms showing 60-day account history. Self-custodied wallets don't qualify since lenders can't verify balances independently.

Question 5

Can I combine asset depletion with other income sources?

Accepted Answer

Yes. Most lenders let you add Social Security, pension income, or investment dividends to your depleted asset calculation. This increases your qualifying power significantly.

Asset Depletion Loans in Patterson: Qualify with Your Portfolio, Not Your Paystub