Question 1

Can I use my 401(k) to qualify in Sutter Creek?

Accepted Answer

Yes, but most lenders discount retirement accounts 30–40% before calculating income. A brokerage account will stretch further in the qualification math.

Question 2

What's the minimum asset amount needed to qualify?

Accepted Answer

It depends on the loan amount and the depletion term the lender uses. Run the math: loan amount divided by your monthly income floor tells you the minimum asset base.

Question 3

Are asset depletion loans available for vacation homes?

Accepted Answer

Yes. Second homes and vacation properties in Amador County are eligible. Expect a higher down payment requirement than a primary residence.

Question 4

How long does it take to close an asset depletion loan?

Accepted Answer

Non-QM loans like this typically close in 21–30 days. Complete asset documentation upfront — incomplete files are the most common delay.

Question 5

Do I need to liquidate assets to qualify?

Accepted Answer

No. Assets stay in your accounts. Lenders verify the balance and calculate hypothetical income. You don't move or spend the money.

Question 6

Is asset depletion harder to get approved in rural areas?

Accepted Answer

The loan itself isn't harder. The appraisal is. Rural Amador County properties can have limited comps, which sometimes tightens the LTV a lender will approve.

Asset Depletion Loans in Sutter Creek, CA