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San Anselmo sits in one of California's wealthiest counties. Many buyers here have substantial assets but limited W-2 income.
Asset depletion loans convert liquid assets into qualifying income. No job, no problem — your portfolio does the talking.
Typically 680+
Min Credit Score
Assets ÷ Loan Term
Asset Calculation
60 Days Typical
Account Seasoning
Non-QM
Loan Type
Higher — Non-QM Premium
Rate vs. Conventional
Asset Depletion Loans in San Anselmo
Lenders divide your liquid assets by a set number of months — often 360. That figure becomes your monthly qualifying income.
Eligible assets typically include checking, savings, brokerage, and retirement accounts. Vested stock and money market funds usually count too.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in San Anselmo.
San Anselmo sits in one of California's wealthiest counties. Many buyers here have substantial assets but limited W-2 income.
Asset depletion loans convert liquid assets into qualifying income. No job, no problem — your portfolio does the talking.
Lenders divide your liquid assets by a set number of months — often 360. That figure becomes your monthly qualifying income.
This is a non-QM loan. Most big banks won't touch it. You need a broker with access to wholesale non-QM lenders.
We work with 200+ wholesale lenders. Several specialize in asset depletion programs built for exactly this borrower profile.
The most common mistake: borrowers assume all assets qualify equally. Lenders discount illiquid or restricted accounts heavily.
Move assets to a liquid account before applying. A seasoning period — usually 60 days — is often required.
Bank statement loans work better if you have consistent business deposits. Asset depletion fits borrowers who don't run active income through accounts.
DSCR loans require rental property cash flow. Asset depletion has no income or rent requirement — just provable liquid assets.
San Anselmo draws retirees, executives, and tech founders who've exited. This is exactly the borrower asset depletion was built for.
Marin properties often exceed conventional and even jumbo conforming limits. Asset depletion programs frequently pair with jumbo loan amounts.
Checking, savings, brokerage, and retirement accounts typically count. Lenders may discount retirement accounts to 60–70% of their value.
No traditional income is required. Your liquid assets serve as the qualifying income source.
Yes. Retirees with significant savings but no W-2 are the exact borrower these programs were designed for.
They divide your total eligible assets by the loan term in months. That monthly figure is your qualifying income.
Yes, non-QM programs typically carry higher rates than conventional loans. Rates vary by borrower profile and market conditions.
Most lenders require 60 days of account statements showing the funds. Moving money just before applying can cause problems.