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Porterville buyers with substantial portfolios often struggle with traditional income documentation. Asset depletion loans let you qualify using stocks, bonds, retirement accounts, and increasingly, verified crypto holdings.
This works well for retirees, investors, and high-net-worth individuals buying in Tulare County. Lenders calculate a monthly income figure by dividing your liquid assets by the loan term.
Asset Depletion Loans in Porterville
You need significant verifiable assets to make this work. Most lenders want to see $500,000 to $1 million in liquid accounts, depending on the loan amount.
Credit scores typically start at 680, with higher scores getting better rates. Some lenders now verify cryptocurrency holdings alongside traditional accounts as of February 2026.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Porterville.
Porterville buyers with substantial portfolios often struggle with traditional income documentation. Asset depletion loans let you qualify using stocks, bonds, retirement accounts, and increasingly, verified crypto holdings.
This works well for retirees, investors, and high-net-worth individuals buying in Tulare County. Lenders calculate a monthly income figure by dividing your liquid assets by the loan term.
You need significant verifiable assets to make this work. Most lenders want to see $500,000 to $1 million in liquid accounts, depending on the loan amount.
The asset depletion space has fewer players than conventional lending. We work with about 15 lenders who offer these programs with varying asset calculation methods.
Some divide assets by 360 months, others use shorter terms. A handful now accept verified cryptocurrency as part of the asset pool, which opens doors for tech-savvy buyers in Central California.
The biggest mistake I see is buyers not understanding depletion calculations. If you have $1 million and need a $400,000 loan, lenders divide that $1 million by 360 months to get $2,778 monthly income.
That number needs to support your mortgage payment and debts. Porterville properties are more affordable than coastal markets, which helps the math work. Crypto-accepting lenders typically apply a haircut of 30-50% to volatile assets.
Bank statement loans might work better if you have business income but limited liquid assets. DSCR loans make sense for investment properties where rent covers the payment.
Asset depletion shines when you're asset-rich but income-light on paper. If you're earning steady 1099 income, a 1099 loan program gives you lower rates than asset depletion.
Porterville's agricultural economy means many buyers here have unconventional income profiles. Land sales, farming income, and inherited wealth fit asset depletion perfectly.
Tulare County appraisals come in solid but expect lenders to scrutinize rural properties more carefully. Keep 12 months of reserves beyond your down payment for smoother approval.
Stocks, bonds, mutual funds, and retirement accounts all count. Some lenders now accept verified cryptocurrency with a discount applied to account for volatility.
Yes, lenders calculate a monthly income figure from your balance. You don't withdraw anything, they just use it for qualifying purposes.
They can, but DSCR loans usually make more sense for rentals. Asset depletion works best for primary and second homes.
Most deals work when assets are 2-3 times the loan amount. A $400,000 loan typically needs $800,000 to $1.2 million in verifiable accounts.
Rates run 1-2% higher than conventional loans as of February 2026. Strong credit and larger down payments help secure better pricing.