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Jackson sits in Amador County's Gold Country foothills. Retirees and high-net-worth buyers are drawn here for the quiet pace and lower prices compared to the Bay Area.
Many buyers in this area have serious wealth but no W-2. Asset depletion loans were built for exactly that profile.
680+
Min Credit Score
20–30%
Down Payment
None
Income Docs Required
Non-QM
Loan Type
Asset Depletion Loans in Jackson
Lenders take your liquid assets — brokerage accounts, savings, retirement funds — and divide them over a set number of months. That math creates your qualifying income.
Most lenders require a 680+ credit score and 20–30% down. You'll also need enough assets left over after closing to cover several months of payments.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Jackson.
Jackson sits in Amador County's Gold Country foothills. Retirees and high-net-worth buyers are drawn here for the quiet pace and lower prices compared to the Bay Area.
Many buyers in this area have serious wealth but no W-2. Asset depletion loans were built for exactly that profile.
Lenders take your liquid assets — brokerage accounts, savings, retirement funds — and divide them over a set number of months. That math creates your qualifying income.
Big banks rarely offer asset depletion. This is a non-QM product — meaning you need a lender who specializes in it.
We work with 200+ wholesale lenders at SRK CAPITAL. Several have strong non-QM programs with competitive asset depletion guidelines.
The most common mistake I see: borrowers assume all assets count equally. IRAs and 401(k)s are usually discounted. Taxable brokerage accounts are weighted heavier.
Asset type and account titling matter more than people expect. Get your accounts documented cleanly before you apply — messy paper trails slow everything down.
Bank statement loans work if you run a business with consistent deposits. Asset depletion works if you're living off investments or have stopped working entirely.
DSCR loans are built for rentals. Asset depletion is built for primary residences and second homes where income just isn't the story.
Jackson attracts buyers relocating from the Bay Area and Sacramento — often with proceeds from a home sale or a large investment account. Asset depletion fits that buyer perfectly.
Amador County's rural character means fewer competing loan options locally. Working with a broker who knows non-QM programs is the difference between a closed deal and a dead one.
Checking, savings, brokerage, and retirement accounts typically qualify. Each account type is weighted differently by the lender.
Yes. Proceeds from a home sale deposited into a liquid account can count. The funds need to be sourced and seasoned per lender guidelines.
Lenders divide total eligible assets by a set number of months — often 60 to 360. That monthly figure becomes your qualifying income.
Yes. Many lenders allow it for second homes and vacation properties. Expect stricter down payment requirements than a primary residence.
No employment history is required. That's the core advantage — assets replace income entirely for qualification purposes.