Loading
Loading
Madera sits in California's Central Valley — a market where retirees and cash-heavy buyers often hold significant assets but show little taxable income.
Asset depletion loans let those borrowers qualify using liquid assets instead of pay stubs. No W-2 required. No employer needed.
Typically 680+
Min Credit Score
84–360 month spread
Asset Calculation
None (assets replace)
Income Docs Required
20–30%
Typical Down Payment
21–30 days
Est. Close Time
Asset Depletion Loans in Madera
Lenders divide your liquid assets by a set number of months — typically 84 to 360 — to calculate a monthly income figure.
That calculated income is what gets you approved. You'll generally need strong credit and meaningful reserves to make the math work.
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 sits in California's Central Valley — a market where retirees and cash-heavy buyers often hold significant assets but show little taxable income.
Asset depletion loans let those borrowers qualify using liquid assets instead of pay stubs. No W-2 required. No employer needed.
Lenders divide your liquid assets by a set number of months — typically 84 to 360 — to calculate a monthly income figure.
Most big banks don't touch asset depletion loans. This is a non-QM product — meaning you need wholesale lenders who specialize in it.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several run strong asset depletion programs with competitive terms.
The biggest mistake I see: borrowers thinking all assets count equally. Retirement accounts often get a 30–40% haircut before the math starts.
Bring 12 months of statements for every account you plan to use. Lenders want to see the assets are real, seasoned, and accessible.
If you have consistent 1099 income, a 1099 loan may get you a better rate than asset depletion. Bank statement loans are another option for self-employed borrowers with strong cash flow.
Asset depletion makes the most sense when your income is genuinely irregular or retired — and your balance sheet is the real story.
Madera County has a notable agricultural economy. Landowners and farm operators often accumulate significant assets over decades with limited W-2 documentation.
That borrower profile fits asset depletion well. If your wealth is in accounts rather than a paycheck, this loan was built for you.
Checking, savings, and brokerage accounts typically count at full value. Retirement accounts usually get discounted 30–40% before the calculation.
Not necessarily. The calculated asset figure replaces income entirely on most programs. Some lenders require a minimum monthly income alongside it.
Most asset depletion lenders want at least a 680. Stronger credit can improve your rate and expand your program options.
It depends on your assets, credit, and the lender's program limits. Non-QM programs can go into jumbo territory. No guarantee of any specific amount.
Yes. Some lenders allow asset depletion on non-owner occupied properties. A DSCR loan may also be worth comparing for investment purchases.
Non-QM loans typically take 21–30 days. Having 12 months of asset statements ready upfront speeds up the process considerably.