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Mariposa sits at the gateway to Yosemite. Retirees and high-net-worth buyers are drawn here for that exact reason.
Many of those buyers carry significant assets but no W-2. Asset depletion loans are built for exactly that profile.
680 (most lenders)
Min Credit Score
$500K+
Typical Asset Minimum
21–30 days
Est. Close Time
None (asset-based)
Income Docs Required
Asset Depletion Loans in Mariposa
Lenders divide your eligible assets by a set number of months — often 360 — to calculate a monthly income figure.
That calculated income must cover your mortgage payment. Most lenders want a minimum asset base of $500,000 or more.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Mariposa.
Mariposa sits at the gateway to Yosemite. Retirees and high-net-worth buyers are drawn here for that exact reason.
Many of those buyers carry significant assets but no W-2. Asset depletion loans are built for exactly that profile.
Lenders divide your eligible assets by a set number of months — often 360 — to calculate a monthly income figure.
Banks rarely offer asset depletion programs. This is a non-QM product — wholesale lenders and private money are where you find it.
We work with 200+ wholesale lenders. That reach matters here because asset depletion guidelines vary widely between lenders.
The asset calculation method is where deals fall apart. Some lenders discount retirement accounts by 30-40% before dividing.
Know this before you apply. The lender who accepts the most asset types at the best haircut wins — that's what we shop for you.
Bank statement loans work if you run a business with regular deposits. Asset depletion works when your cash sits in investment accounts.
DSCR loans require a rental property generating income. Asset depletion has no such requirement — just documented liquid assets.
Mariposa County properties often include rural acreage. Some lenders restrict asset depletion on properties over 10 acres — ask upfront.
Vacation and second-home purchases near Yosemite are common here. Asset depletion works for those too, but reserve requirements increase.
Checking, savings, stocks, and retirement accounts typically qualify. Real estate equity and business accounts usually do not count.
Yes. Lenders allow it but often require more reserves for second homes. Expect stricter asset minimums on those transactions.
It depends on acreage and property type. Many lenders cap eligible properties at 10 acres — confirm before you make an offer.
Most asset depletion lenders require a 680 or higher. Some go down to 660 with compensating factors like a large asset base.
Non-QM loans typically close in 21-30 days. Having all asset statements ready upfront prevents most delays.