Loading
Loading
Asset Depletion Loans in Madera
How does an asset depletion loan convert my savings into qualifying income?
The lender divides your liquid assets by a fixed term to calculate monthly income. That derived income qualifies you for the mortgage.
01
Madera's median home price is $419,800, with 502 homes listed and 19 days average time to sale. The market holds steady at $244 per square foot.
Valley Children's Hospital is building a $73 million ambulatory pavilion in Madera County. The California High-Speed Rail Authority approved $2.4 billion for the Merced-to-Madera extension, reshaping regional transit.
$419,800
Median home price
680
Minimum credit score
50%
Max debt-to-income
17-21 days
Closing window
02
Asset depletion loans require a minimum 680 representative credit score for a primary residence. Total debt-to-income cannot exceed 50 percent, and you must hold 9 months in reserves.
Loan amounts top out at $3,000,000 for a primary residence, with $1,500 minimum monthly residual income. The program converts liquid assets into qualifying income using a fixed drawdown schedule.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Madera.
Madera's median home price is $419,800, with 502 homes listed and 19 days average time to sale. The market holds steady at $244 per square foot.
Valley Children's Hospital is building a $73 million ambulatory pavilion in Madera County. The California High-Speed Rail Authority approved $2.4 billion for the Merced-to-Madera extension, reshaping regional transit.
Asset depletion loans require a minimum 680 representative credit score for a primary residence. Total debt-to-income cannot exceed 50 percent, and you must hold 9 months in reserves.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Asset depletion loans are a niche product offered by a smaller set of lenders than conventional programs. SRK CAPITAL shops these loans across its wholesale lender network to find the best fit.
Underwriting focuses on asset quality and liquidity through bank statements and investment account verification. SRK CAPITAL closes asset depletion loans in 17 to 21 days, or 10 days when expedited.
04
Asset depletion loans make strong sense in Madera for buyers with substantial liquid assets and limited employment income. At a $419,800 median price, an asset depletion borrower can qualify on savings and other liquid assets alone.
The trade-off is documentation burden—lenders need detailed asset verification and a clear drawdown plan. If you have W-2 income, a conventional loan may close faster with less paperwork.
05
Conventional loans require employment income verification and stricter debt-to-income limits. Asset depletion loans ignore payroll and measure repayment ability using liquid assets instead.
Conventional loans close on a pay stub and tax return. Asset depletion loans require detailed bank statements, investment account statements and a clear asset drawdown schedule.
06
Valley Children's Hospital's $73 million ambulatory pavilion expansion signals sustained medical sector growth in Madera County. That infrastructure investment supports long-term property values and regional confidence.
The California High-Speed Rail project approved $2.4 billion for the Merced-to-Madera extension. When complete, it will reshape commute patterns and accessibility across the Central Valley.
FAQ
The lender divides your liquid assets by a fixed term to calculate monthly income. That derived income qualifies you for the mortgage.
Asset depletion loans are built for borrowers with substantial liquid assets but no employment income. Retirees and semi-retired professionals qualify using savings alone.
Bank accounts, money market funds, stocks, bonds, retirement accounts and investment portfolios all count. Real estate and vehicles typically do not.
A minimum 680 representative credit score is required for a primary residence. Your credit history matters, but the loan centers on your assets.
SRK CAPITAL closes asset depletion loans in 17 to 21 days. Expedited files close in 10 days.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Madera County
Our team of licensed mortgage brokers works Madera County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Madera County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.