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Hollister sits in San Benito County — a quieter market than the Bay Area, but close enough to draw retirees and asset-rich buyers looking for value.
Asset depletion loans exist for one reason: your bank account tells the story better than a W-2. Lenders calculate income from your liquid assets instead.
680 typical
Min Credit Score
Assets ÷ 360 months
Asset Calculation
None (asset-based)
Income Docs Required
Non-QM
Loan Type
Asset Depletion Loans in Hollister
Lenders divide your eligible assets by a set number of months — typically 360 — to calculate a monthly income figure. That number drives your approval.
You need liquid assets: checking, savings, money market, or investment accounts. Real estate equity and retirement accounts may qualify with restrictions.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Hollister.
Hollister sits in San Benito County — a quieter market than the Bay Area, but close enough to draw retirees and asset-rich buyers looking for value.
Asset depletion loans exist for one reason: your bank account tells the story better than a W-2. Lenders calculate income from your liquid assets instead.
Lenders divide your eligible assets by a set number of months — typically 360 — to calculate a monthly income figure. That number drives your approval.
This is a non-QM loan. Most banks won't touch it. You need wholesale lenders who specialize in alternative income documentation.
SRK CAPITAL works with 200+ wholesale lenders. We find the ones with the best asset depletion formulas and pricing for your profile.
The biggest mistake I see: borrowers bring retirement accounts and expect full credit. Most lenders apply a 30–40% haircut to those balances.
Bring taxable liquid accounts to the table first. The cleaner the asset picture, the stronger the income calculation — and the better your rate.
Bank statement loans work better if you run a business with regular cash flow. Asset depletion fits buyers who've already accumulated wealth and stopped working.
DSCR loans are built for rental properties. Asset depletion is built for you — the buyer whose personal balance sheet is the income source.
Hollister attracts buyers priced out of Santa Cruz and Silicon Valley. Many are semi-retired with significant investment portfolios and little active income.
San Benito County has no major employer concentration. Asset depletion loans match the buyer profile here better than almost any other non-QM product.
They divide eligible assets by the loan term in months — usually 360. That monthly figure is your qualifying income.
Yes, but most lenders discount retirement accounts by 30–40%. Taxable liquid accounts give you more qualifying power.
No W-2 or tax return income is required. The asset calculation alone can support your qualification.
Most non-QM lenders want at least a 680. Better scores open lower rates. Rates vary by borrower profile and market conditions.
Yes. Non-QM lenders lend in San Benito County. Property type and condition still affect approval.
You're not stating income — you're documenting real assets. Lenders verify every account with statements.