Question 1

What assets qualify for asset depletion in Livermore?

Accepted Answer

Checking, savings, brokerage, and retirement accounts typically qualify. Retirement accounts are often counted at 70% of their value.

Question 2

Can I use stock options or RSUs as qualifying assets?

Accepted Answer

Vested RSUs and liquid securities generally count. Unvested stock options usually don't. Each lender has its own rules.

Question 3

Do I need any income at all for this loan?

Accepted Answer

Some lenders require a small income floor. Others rely entirely on asset calculation. We identify which lenders fit your profile.

Question 4

How much do I need in assets to qualify?

Accepted Answer

It depends on the loan amount and the lender's divisor. Higher loan amounts require more assets to generate sufficient qualifying income.

Question 5

Is asset depletion available for jumbo loans in Livermore?

Accepted Answer

Yes. Many non-QM lenders offer asset depletion above conforming limits. Livermore's price points make this a frequent need.

Question 6

How is asset depletion different from a stated income loan?

Accepted Answer

Asset depletion is fully documented — lenders verify every asset. Stated income loans required no verification and no longer exist.

Asset Depletion Loans in Livermore, CA