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Visalia sits in the heart of Tulare County — ag money, business owners, and retirees with real wealth but no W-2 income.
Asset depletion loans let those borrowers qualify using liquid assets instead of a pay stub. If the assets are there, the income is calculated from them.
620+
Min Credit Score
60 Days
Asset Seasoning
60–84 Months
Income Calc Window
Non-QM
Loan Type
Asset Depletion Loans in Visalia
Lenders divide your eligible liquid assets by a set number of months — often 60 to 84 — to calculate a monthly income figure.
Most programs want at least 620 credit. Higher scores get better terms. You'll also need enough assets left after closing costs and down payment.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Visalia.
Visalia sits in the heart of Tulare County — ag money, business owners, and retirees with real wealth but no W-2 income.
Asset depletion loans let those borrowers qualify using liquid assets instead of a pay stub. If the assets are there, the income is calculated from them.
Lenders divide your eligible liquid assets by a set number of months — often 60 to 84 — to calculate a monthly income figure.
This is a non-QM product. Your bank almost certainly doesn't offer it. You need wholesale lenders who specialize in asset-based underwriting.
We work with 200+ wholesale lenders — several of them run strong asset depletion programs with competitive terms. Rates vary by borrower profile and market conditions.
The most common mistake: borrowers move money around right before applying. Lenders want to see 60 days of seasoning on any asset account.
Also — not all assets qualify. Stocks, bonds, and money market accounts usually do. Crypto and illiquid business assets usually don't. Get your asset picture clean before you apply.
Bank statement loans work if you have business revenue flowing. Asset depletion works if the money is already sitting in accounts.
DSCR loans make sense for rental properties — the rent covers qualification. Asset depletion is better for primary residences or second homes with no rental income.
Visalia has a strong base of agricultural landowners and family business operators. Many have sold assets, received land buyouts, or liquidated a business — and now have cash but no income stream.
That profile fits asset depletion almost exactly. Tulare County's cost of living is lower than coastal California, which means your asset pool can go further here.
Checking, savings, money market, and brokerage accounts typically qualify. Retirement accounts often count at 60–70% of value.
Yes. Asset depletion works for primary residences, second homes, and investment properties. Terms may differ by property type.
Most lenders require 60 days of account history. Moving money right before applying can trigger underwriting questions.
Most asset depletion programs start at 620. Better rates and lower down payments usually require 700 or higher.
Not exactly. Lenders still calculate income — they just use your assets as the source. It's documented, not stated.
No. Retirees are common borrowers, but business owners, investors, and anyone with significant liquid assets can qualify.