Asset-rich, income-light on paper
Your savings can count as income.
Asset-depletion loans convert your liquid assets — savings, investments, retirement accounts — into a qualifying monthly income figure. Built for retirees, early exits, and borrowers between roles.
Bring statements, not pay stubs.
Equal Housing Opportunity
Built for asset-rich borrowers.
Retirees living off investment accounts, high-net-worth borrowers between income-producing ventures, and investors whose wealth sits in liquid or investable assets rather than a regular paycheck often have plenty of financial strength that a conventional income-based application simply doesn’t capture. Asset-Depletion lending exists to recognize that strength directly.
Your assets, converted to a qualifying figure.
Underwriting reviews your eligible liquid and investable assets and applies a formula to translate them into an equivalent qualifying income figure. The specific assets that count, and the exact formula and minimum thresholds used, vary by investor — which is why we talk through your actual asset picture with you rather than quoting a generic formula here (see below).
Available nationwide for qualifying business-purpose transactions — not limited to California. The loan programs on this page are business-purpose loans for non-owner-occupied investment or business property — they are not intended for personal, family, or household use. Because they’re business-purpose loans, we offer them nationwide, separately from our California-only consumer home loan programs. This page is general program information, not a set of loan terms, a commitment to lend, or an offer of credit.
Wondering if you’d qualify? Every wholesale investor sets their own guidelines, and the specific numbers — minimum credit score, maximum loan-to-value, qualifying ratios — genuinely vary from loan to loan. Rather than guess at figures here, we’ll walk you through current guidelines for your specific scenario using the same investor relationships we place these loans through. Contact us → and let’s talk about your situation directly.
Asset depletion loans in California: how they work
Asset depletion loans in California are a Non-QM option that lets a lender calculate qualifying income from a borrower’s liquid assets rather than from employment or tax returns. This approach is often considered by retirees, near-retirees, and borrowers with substantial savings or investment accounts but limited reported income. The lender applies a formula to eligible accounts to derive a monthly figure used in underwriting.
The accounts that count, the calculation method, and the reserve expectations for asset depletion loans in California vary by lender and program. Nationwide Funding Group Corp is a licensed California mortgage broker (NMLS #98906) that compares asset-depletion programs across wholesale lenders. This section is general information only and is not a commitment to lend. Equal Housing Opportunity.
Get pre-qualified for an Asset-Depletion loan.
Rates, programs, and terms are not guaranteed and are subject to borrower qualification and final lender approval. This is not a commitment to lend.
Nationwide Funding Group Corp, a licensed mortgage lender and mortgage broker | 350 S Crenshaw Blvd, Ste A206A, Torrance, CA 90503 | (310) 961-9750 | NMLS #98906 | CA DRE Corporation License #01801836 (licensed, active, since 2007) | Broker of Record: Alexander J. Gonzalez | NMLS #98329 | CA DRE #01384006 | Equal Housing Opportunity | NMLS Consumer Access → | Licensing & Disclosures | Privacy Policy | Terms of Use | Accessibility Statement | This is not a commitment to lend. All loan programs are subject to borrower qualification, property eligibility, and lender approval, and are not guaranteed.