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Ojai attracts a specific kind of buyer — retired executives, artists, and wellness entrepreneurs who hold serious wealth but draw little traditional income.
Asset depletion loans exist for exactly this profile. Lenders calculate income from your liquid assets instead of pay stubs or tax returns.
~680 (varies)
Min Credit Score
60 days statements
Asset Lookback
60–84 months
Income Calc Window
Non-QM
Loan Type
Varies by profile
Rate Note
Asset Depletion Loans in Ojai
Lenders divide your eligible liquid assets by a set number of months — often 60 to 84 — to calculate a monthly income figure.
Qualifying assets typically include checking, savings, money market accounts, and investment portfolios. Retirement accounts may count at a discount.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Ojai.
Ojai attracts a specific kind of buyer — retired executives, artists, and wellness entrepreneurs who hold serious wealth but draw little traditional income.
Asset depletion loans exist for exactly this profile. Lenders calculate income from your liquid assets instead of pay stubs or tax returns.
Lenders divide your eligible liquid assets by a set number of months — often 60 to 84 — to calculate a monthly income figure.
Asset depletion is a non-QM product. Most big retail banks won't touch it. You need a broker with access to wholesale non-QM lenders.
SRK CAPITAL works with 200+ wholesale lenders, including several who specialize in asset depletion programs for high-net-worth borrowers.
The biggest mistake I see: borrowers assume all assets count equally. They don't. Lenders haircut illiquid or restricted accounts significantly.
Get your asset documentation clean before you apply. Statements need to show 60 days of history with no large unexplained deposits.
Bank statement loans work better if you run a business with steady deposits. Asset depletion works better if your wealth sits in investment accounts.
DSCR loans are the right call if you're buying a rental property. Asset depletion is for your primary residence or second home purchase.
Ojai properties often sit at price points that require jumbo financing. Asset depletion lenders do go jumbo — but requirements tighten above $2M.
Second homes are common in Ojai. Most asset depletion programs allow second home purchases, though rates run slightly higher than primary residences.
They divide your eligible liquid assets by a set loan term — often 60 to 84 months. That number becomes your qualifying monthly income.
Yes, but most lenders discount retirement accounts to 60–70% of their value. Unrestricted accounts count at full value.
Non-QM lenders vary widely. Most asset depletion programs start around 680, but stronger scores get better pricing.
Yes. Second homes in Ojai qualify under most programs. Expect slightly higher rates than a primary residence purchase.
You still document your assets thoroughly. The difference is those assets replace income verification — not all documentation.
Yes. Jumbo asset depletion loans are available, though reserve requirements and credit standards increase above $2M.