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Corte Madera sits in Marin County — one of the wealthiest areas in California. High-net-worth buyers here often hold significant assets but show little taxable income.
Traditional income documentation fails many of these buyers. Asset depletion loans solve that problem by converting liquid assets into qualifying income.
680+
Min Credit Score
20–30% typical
Down Payment
60–90 days
Asset Seasoning
None
Income Docs Required
Non-QM
Loan Type
Asset Depletion Loans in Corte Madera
Lenders take your eligible liquid assets and divide them over a set period — typically 60 to 360 months. That calculation produces a monthly income figure used to qualify you.
Eligible assets usually include checking, savings, brokerage, and retirement accounts. Vested retirement funds often get discounted by 30-40% before the calculation.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Corte Madera.
Corte Madera sits in Marin County — one of the wealthiest areas in California. High-net-worth buyers here often hold significant assets but show little taxable income.
Traditional income documentation fails many of these buyers. Asset depletion loans solve that problem by converting liquid assets into qualifying income.
Lenders take your eligible liquid assets and divide them over a set period — typically 60 to 360 months. That calculation produces a monthly income figure used to qualify you.
Most retail banks won't touch asset depletion loans. These are non-QM products — meaning they sit outside conventional guidelines set by Fannie Mae and Freddie Mac.
Wholesale lenders who specialize in non-QM programs carry these products. Rate pricing varies significantly between lenders. Shopping matters here more than on a conventional loan.
The biggest mistake I see is borrowers listing the wrong assets. A 401k with early withdrawal penalties gets treated differently than a taxable brokerage account.
Seasoning matters too. Most lenders want assets sitting in the account for 60-90 days before closing. Move money around right before applying and you'll create problems.
Bank statement loans work better if you run a business with consistent deposits. Asset depletion loans work better if you're retired or living off investments with few regular deposits.
DSCR loans are an option if you're buying investment property — the rental income qualifies you instead of personal assets or income. Know which program fits your situation before you apply.
Corte Madera and the broader Marin market skew toward buyers who have accumulated significant wealth — often through equity, investments, or business sales. These buyers rarely fit a standard income box.
As of April 2026, Marin County remains one of California's most expensive housing markets. Loan amounts here frequently push into jumbo territory, which adds another layer to non-QM underwriting.
It depends on the loan amount and term. Divide your eligible assets by the loan term in months — the result must meet the lender's minimum income requirement.
Yes. Taxable brokerage accounts are among the cleanest assets to use. Lenders typically apply no discount to these, unlike retirement accounts.
Most non-QM lenders require at least 680. Some go higher depending on the loan size and down payment.
Yes, typically. Non-QM rates run higher than conforming rates. Rates vary by borrower profile and market conditions.
Absolutely — it's one of the most practical tools for asset-rich buyers in Marin. Loan amounts can be structured well into jumbo range.
No. The assets stay in your accounts. Lenders use them mathematically to calculate income — you don't sell anything.