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Antioch is seeing real infrastructure investment — Brentwood's $155 million East County Service Center is underway nearby, signaling county-level commitment to the region. Home prices here reflect solid value compared to Bay Area coastal markets.
Asset Depletion Loans let you count retirement savings and investment accounts toward qualification when income alone falls short. This matters in Antioch, where many buyers are semi-retired or transitioning careers.
620
Minimum FICO
10% to 20%
Down Payment Range
45–60 days
Typical Underwriting
Divided by 360 months
Asset Qualification
Asset Depletion Loans in Antioch
Asset Depletion Loans typically require 620+ FICO and 10% to 20% down. The key difference: lenders divide your liquid assets by 360 months and count that as monthly income. A $300,000 investment account becomes roughly $833 monthly income.
Contra Costa's median household income of $125,727 supports homes in the $550,000 to $750,000 range comfortably. Asset Depletion Loans open the door for retirees and career-changers whose savings exceed their current paychecks.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Antioch.
Antioch is seeing real infrastructure investment — Brentwood's $155 million East County Service Center is underway nearby, signaling county-level commitment to the region. Home prices here reflect solid value compared to Bay Area coastal markets.
Asset Depletion Loans let you count retirement savings and investment accounts toward qualification when income alone falls short. This matters in Antioch, where many buyers are semi-retired or transitioning careers.
Asset Depletion Loans typically require 620+ FICO and 10% to 20% down. The key difference: lenders divide your liquid assets by 360 months and count that as monthly income. A $300,000 investment account becomes roughly $833 monthly income.
Asset Depletion Loans are niche products. Fewer lenders offer them than conventional or FHA programs. Brokers typically source them through portfolio lenders or specialized correspondents who keep loans in-house.
Underwriting takes longer because assets must be documented and verified. Expect 45 to 60 days from application to close. Rates are usually 0.25% to 0.5% higher than conventional conforming loans because the risk profile is different.
Asset Depletion Loans make sense for Antioch buyers who are semi-retired, have inherited wealth, or are between jobs but hold substantial savings. They don't make sense if your W-2 income already qualifies you — conventional is cheaper and faster.
The real win is for someone with $400,000 in retirement accounts but only $40,000 annual income. That $400,000 becomes $1,111 monthly income on the application. In Antioch's market, that's the difference between qualifying and being turned down.
Conventional loans require documented income — W-2s, tax returns, or 1099 forms. Asset Depletion Loans let you substitute savings. If your income is thin but your assets are strong, Asset Depletion wins.
FHA loans also accept lower credit scores and smaller down payments, but they carry lifetime mortgage insurance if you put down less than 10%. Asset Depletion Loans skip mortgage insurance entirely at 20% down, making them cheaper long-term for savers.
The East County Service Center breaking ground in Brentwood signals infrastructure investment across the region. Buyers who plan to stay in Antioch benefit from improved county services and long-term property value stability.
Richmond parks are receiving multi-million dollar upgrades including new soccer fields and modern restrooms. Nearby county-level amenities matter when you're semi-retired and plan to be in the community for decades.
Lenders divide your liquid assets by 360 months. A $300,000 savings account becomes $833 monthly income. Retirement accounts, investment accounts, and money market funds all count. Lenders verify balances with bank statements.
Yes — 20% down eliminates mortgage insurance entirely. With 10% to 20% down, some lenders allow mortgage insurance; others don't. Ask your lender upfront. The difference in total cost over 30 years is substantial.
Yes, but it reduces the asset base lenders count as income. If you withdraw $50,000 from a $300,000 IRA for down payment, only $250,000 remains for income calculation. Plan ahead with your lender.
Most lenders require 620+ FICO. Some go as low as 600 with compensating factors like large liquid assets or a co-borrower. Higher scores (680+) get better rates. Check with multiple lenders — overlays vary widely.
Expect 45 to 60 days. Asset verification takes time — lenders order bank statements, investment account statements, and sometimes appraisals of non-liquid assets. Plan accordingly if you have a closing deadline.