Question 1

What assets count toward qualification in Hayward?

Accepted Answer

Checking, savings, and brokerage accounts are the strongest. Retirement accounts count too, usually at 60–70% of their value.

Question 2

Can I use stock holdings to qualify?

Accepted Answer

Yes, if they're in a taxable brokerage account. Lenders verify current value and apply their own discount formula.

Question 3

Is asset depletion available for jumbo loans in Alameda County?

Accepted Answer

Yes. Several non-QM lenders allow asset depletion methodology on larger loan balances. Rates vary by borrower profile and market conditions.

Question 4

Do I need any income at all to qualify?

Accepted Answer

Not necessarily. The asset calculation replaces income. Some lenders may require a minimum credit score and reserves.

Question 5

How is monthly income calculated from my assets?

Accepted Answer

Lenders divide eligible assets by a set number of months — often 60 to 84. That figure becomes your qualifying monthly income.

Question 6

Why use a broker instead of going direct for this loan?

Accepted Answer

Asset depletion is non-QM. Retail banks rarely offer it. A broker shops multiple wholesale lenders to find the best terms for your asset profile.

Asset Depletion Loans in Hayward, CA