Asset Depletion Loans in Orange County
High net worth but limited income documentation? Qualify for your Orange County mortgage using retirement accounts, investment portfolios, and liquid assets instead of traditional income.
What Are Asset Depletion Loans?
Asset depletion loans allow borrowers to qualify based on their liquid assets rather than traditional income documentation. The lender calculates a monthly "income" by dividing your qualifying assets by the loan term.
No Income Documentation
No W-2s, tax returns, or employment verification required
Asset-Based Qualification
Use retirement accounts, investments, and savings to qualify
High Loan Amounts
Up to $5M for qualified high net worth borrowers
Perfect For:
- • Retirees with substantial assets
- • High net worth individuals
- • Business owners with asset-heavy portfolios
- • Investors with multiple income streams
- • Trust fund beneficiaries
- • Foreign nationals with US assets
- • Those between jobs but asset-rich
How Asset Depletion Qualification Works
1. Asset Documentation
Provide statements for all qualifying liquid assets including retirement accounts, investment portfolios, and savings.
2. Income Calculation
Lender divides total qualifying assets by loan term (typically 360 months) to create a monthly "income" for qualification.
3. Loan Approval
Get approved based on asset-derived income, credit score, and debt-to-income ratio without employment verification.
What Assets Qualify?
✅ Qualifying Assets (100%)
✅ Retirement Accounts (70%)
❌ Non-Qualifying Assets
Asset Calculation Example:
Asset Depletion Loan Program Details
Loan Features
Documentation Required
Asset Requirements:
Minimum $500K in qualifying liquid assets required. Assets must be seasoned (2-3 months statements) and properly documented.
Asset Depletion Loans in Orange County
Orange County's high net worth population and expensive real estate market make asset depletion loans particularly valuable for qualified borrowers.
Typical Orange County Scenarios:
Common Loan Amounts:
Advantages for Orange County Buyers
Important Considerations
Asset Preservation
While you don't actually deplete your assets, lenders calculate income as if you would. Your assets remain untouched.
Higher Rates
Expect rates 1-2% higher than conventional loans due to the non-traditional income verification method.
Reserves Required
Lenders typically require 2-6 months of mortgage payments in reserves after closing, separate from qualifying assets.
Property Restrictions
Investment properties may not be available. Program typically limited to primary and second homes.
Leverage Your Assets for Your Dream Home
Get pre-approved using your investment portfolio and liquid assets
Licensed mortgage broker with NEXA Mortgage • NMLS #1426884 • High Net Worth Specialist
Important Disclaimers
This is not a commitment to lend. All information contained herein is subject to change without notice. All loans are subject to credit approval, income verification, and property appraisal. Equal Housing Lender.
This material is not from HUD or FHA and has not been approved by HUD or any government agency. The information provided is for informational purposes only and is not an advertisement for products or services.
Interest rates and loan terms are subject to change without notice. All information must be verified prior to loan approval. Mo Abdel - NMLS #1426884, Licensed Mortgage Loan Originator with NEXA Mortgage.