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San Buenaventura attracts retirees, business owners, and high-net-worth buyers who hold wealth in assets — not paychecks.
Asset depletion loans were built for exactly this borrower. Your brokerage account qualifies. Your W-2 doesn't need to.
680 (typical)
Min Credit Score
60 days required
Asset Seasoning
20% standard
Down Payment
60–84 month window
Asset Depletion Term
Non-QM
Loan Classification
Asset Depletion Loans in San Buenaventura
Lenders divide your eligible assets by a set number of months — typically 60 to 84 — to calculate monthly income.
Eligible assets usually include checking, savings, brokerage, and retirement accounts. Illiquid assets like real estate equity don't count.
Most lenders want a 680+ credit score and 20% down. Some go lower, but expect higher rates. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in San Buenaventura.
San Buenaventura attracts retirees, business owners, and high-net-worth buyers who hold wealth in assets — not paychecks.
Asset depletion loans were built for exactly this borrower. Your brokerage account qualifies. Your W-2 doesn't need to.
Lenders divide your eligible assets by a set number of months — typically 60 to 84 — to calculate monthly income.
Big banks rarely offer asset depletion. This is a non-QM product — it lives in the wholesale and private lending space.
At SRK CAPITAL, we work with 200+ wholesale lenders. That means we can shop asset depletion guidelines across multiple programs to find the best fit.
The biggest mistake I see: borrowers moving assets into one account right before applying. Lenders require 60 days of seasoning. Plan ahead.
Retirement accounts get discounted — usually 30% to 40% — because lenders account for early withdrawal penalties and taxes.
If you have a mix of asset types, how you structure the draw calculation matters. That's where having multiple lender options changes your qualifying number.
Bank statement loans work well if you run a business with revenue. Asset depletion works when the money is already sitting in accounts.
DSCR loans make more sense for investment properties — they qualify on rental income, not your assets.
If you have both assets and self-employment income, a 1099 loan may get you a better rate. We compare all options before recommending one.
Ventura County draws a lot of coastal buyers — many retired, many with investment portfolios built over decades in LA or the Valley.
San Buenaventura's housing stock includes single-family homes, coastal condos, and hillside properties. Asset depletion works across all property types.
As of April 2026, non-QM programs have stayed active in this market. Coastal California buyers with assets and no W-2 are exactly who these programs serve.
Yes, but lenders discount retirement accounts — often by 30–40%. A $1M 401k may only count as $600K–$700K in the calculation.
It depends on the loan amount and term. Lenders divide your assets over 60–84 months to create a monthly income figure.
No. The calculation is hypothetical. You don't touch the assets after closing.
Yes, typically. Non-QM programs carry a rate premium. Rates vary by borrower profile and market conditions.
Yes. Asset depletion works for primary homes, second homes, and investment properties. Property type affects LTV limits.
Non-QM closings usually run 21–30 days. Having 60 days of asset statements ready speeds up the process.