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Gustine sits in Merced County's agricultural heartland. Wealth here often looks different than a pay stub.
Retirees, landowners, and farm families frequently hold substantial assets. Traditional lenders miss these borrowers entirely.
660–680
Typical Min Credit Score
60–84 months
Asset Depletion Window
None (assets only)
Income Docs Required
20–30%
Typical Down Payment
Non-QM
Loan Type
Asset Depletion Loans in Gustine
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That figure becomes your qualifying monthly income.
Eligible assets usually include checking, savings, money market accounts, and investment portfolios. Retirement accounts often count at a discount, around 60 to 70 percent of their value.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Gustine.
Gustine sits in Merced County's agricultural heartland. Wealth here often looks different than a pay stub.
Retirees, landowners, and farm families frequently hold substantial assets. Traditional lenders miss these borrowers entirely.
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That figure becomes your qualifying monthly income.
Your local bank almost certainly does not offer this program. Asset depletion is a non-QM product — meaning it lives in the wholesale and private lending space.
SRK CAPITAL works with 200+ wholesale lenders. We can compare guidelines, rates, and reserve requirements across the ones who actually do this loan well.
The way assets get counted varies dramatically by lender. One lender might use 70 percent of your brokerage account. Another uses the full balance. That gap changes your qualifying income significantly.
Rates vary by borrower profile and market conditions. Expect asset depletion pricing to run higher than conventional — but for the right borrower, it is the only path to approval.
Bank statement loans work better if you own a business with regular cash flow. Asset depletion is the better fit when income is minimal but savings are deep.
DSCR loans are for rental property purchases — income comes from the property itself. Asset depletion works for any property type, including a primary home.
Merced County has a significant agricultural economy. Farm sale proceeds, land equity conversions, and inherited wealth are common sources of qualifying assets in this area.
As of April 2026, non-QM lending is active in the Central Valley. Gustine buyers using asset depletion should expect more lender scrutiny on asset sourcing than borrowers in larger metros.
Liquid assets qualify — savings, checking, brokerage, and money market accounts. Real estate and farm equipment do not count.
Most lenders allow it at 60–70% of the balance. You do not need to withdraw the funds — the math is hypothetical.
Divide your target monthly payment by the lender's depletion rate to work backward. More assets means more qualifying income.
Some lenders require zero income. Others want a small verified income floor. Guidelines vary — that is why shopping lenders matters.
Yes. Asset depletion works for primary residences, second homes, and investment properties. Property type does not disqualify you.
Most non-QM lenders want at least 660–680, though some go lower with higher assets or a larger down payment.