California Asset Based Loans

California's thriving economy, fueled by innovation in technology, entertainment, and real estate, continues to attract substantial wealth and create opportunities for asset-focused strategies. The state boasts a median household net worth of $288,000, well above the national average of around $180,000. This reflects the impact of high-cost property values and strong investment holdings.

Many residents in key industries accumulate substantial holdings, supported by strong retirement accounts and capital gains that enhance overall financial security. California leads with more than 200 billionaires, while thousands of high-net-worth individuals have investable assets well above $2 million or $3 million. A notable portion of these affluent households approach or enter retirement with meaningful accumulated liquid holdings they aim to preserve and enhance.

High net worth borrowers are attracted to Southern California

In San Diego, neighborhoods like Del Mar and Coronado draw those seeking luxury single-family homes or oceanfront condos. Del Mar offers a relaxed coastal vibe, beautiful beaches, and stunning views with home prices typically starting at $2 million.

Coronado, known for its historic charm and easy access to the beach, offers single-family homes and condos priced from $1.5 million and higher. North of San Diego, Rancho Santa Fe is another sought-after area where large estates and sprawling single-family homes start at around $3 million. These areas tend to attract high-net-worth buyers seeking a blend of luxury and tranquility.

Here’s an example below of how a high-net-worth buyer could use liquid assets to qualify for a loan on a luxury property in Southern California such as a $2.5 million single-family home in Del Mar.

Purchase Price: $2.5 million
Down Payment: $500,000 (20% of the purchase price)
Loan Amount: $2 million

See the guidelines how to qualify with liquid assets through our full guide.

Monthly Housing Expenses (Estimate):
Principal and Interest Payment (at an estimated 6% interest rate on a 30-year loan, 6.12% APR): ~$11,991 per month
Property Taxes and Insurance: ~$2,552 per month
Total Monthly Housing Expense: ~$14,543

Disclosure: Minimum loan amount is $200,000 for residential loans. Loan programs are subject to change per lender at any time until the loan is approved and the rate is locked. Borrowers must be approved by underwriting. Not all applicants will qualify.