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Williams is a small agricultural hub in Colusa County. Buyers here often have wealth tied up in farm assets, retirement accounts, or investment portfolios.
Asset depletion loans let those assets count as income. No W-2 required — your balance sheet does the qualifying work.
680 (typical)
Min Credit Score
20% typical min
Down Payment
60–360 months
Asset Division Period
Non-QM
Loan Type
Asset Depletion Loans in Williams
Lenders divide your eligible assets by a set number of months — typically 60 to 360. That figure becomes your monthly income for qualifying purposes.
Most lenders want a 680+ credit score and 20% down. Eligible assets usually include checking, savings, brokerage accounts, and vested retirement funds.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Williams.
Williams is a small agricultural hub in Colusa County. Buyers here often have wealth tied up in farm assets, retirement accounts, or investment portfolios.
Asset depletion loans let those assets count as income. No W-2 required — your balance sheet does the qualifying work.
Lenders divide your eligible assets by a set number of months — typically 60 to 360. That figure becomes your monthly income for qualifying purposes.
Big retail banks rarely offer asset depletion programs. This is a non-QM product, meaning you need a lender who specializes in portfolio or alternative loans.
SRK CAPITAL works with 200+ wholesale lenders. Several of them price asset depletion programs competitively for Colusa County borrowers.
The biggest mistake I see: borrowers underestimating which assets count. Locked annuities and certain business accounts often get excluded.
Get your asset statements organized before you apply. Lenders want 2-3 months of statements showing the full balance and account ownership.
Bank statement loans work better if you run a business with steady deposits. Asset depletion is the right call when your cash flow is low but your net worth is high.
DSCR loans are built for rental properties. If this is a primary home purchase, asset depletion is usually the cleaner path for asset-rich buyers.
Colusa County farming families frequently hold significant wealth outside of traditional income streams. Asset depletion was essentially built for this profile.
Williams has limited comparable sales data, which can tighten appraisal results. A strong asset picture helps offset any underwriting friction on the property side.
Generally no. Lenders want liquid or semi-liquid assets. Real estate equity typically does not count toward asset depletion income.
Most lenders require 680 or higher for asset depletion loans. Some go lower with a larger down payment.
It depends on the loan amount and term. A lender divides your assets over a set number of months to generate a qualifying monthly income figure.
Yes, typically. Non-QM loans carry more lender risk, so rates run above conventional pricing. Rates vary by borrower profile and market conditions.
Yes, but most lenders discount retirement accounts to 70% of their value. Early withdrawal penalties may also factor into the calculation.