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Manteca sits in San Joaquin County — a market that draws retirees and self-funded buyers from the Bay Area. Many come with significant assets but no W-2 income.
Asset depletion loans let you qualify using liquid assets instead of a paycheck. Your portfolio does the talking.
Varies by lender
Min Credit Score
Assets ÷ loan months
Asset Calculation
None (asset-based)
Income Required
Typically 60 days
Asset Seasoning
Non-QM
Loan Type
Asset Depletion Loans in Manteca
Lenders divide your eligible liquid assets by a set number of months — often 360 — to create a monthly income figure. That number is what gets you approved.
Eligible assets typically include savings, brokerage accounts, and retirement funds. Real estate equity and business assets usually don't count.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Manteca.
Manteca sits in San Joaquin County — a market that draws retirees and self-funded buyers from the Bay Area. Many come with significant assets but no W-2 income.
Asset depletion loans let you qualify using liquid assets instead of a paycheck. Your portfolio does the talking.
Lenders divide your eligible liquid assets by a set number of months — often 360 — to create a monthly income figure. That number is what gets you approved.
This is a non-QM loan. Most retail banks don't offer it. Wholesale lenders who specialize in non-QM programs are where you'll find real options.
SRK CAPITAL works with 200+ wholesale lenders. We find the ones with the most favorable asset calculation methods for your specific situation.
How a lender counts your assets is everything. One lender might haircut your IRA by 30%. Another might accept 100% of your brokerage balance.
Bring three months of statements for every account you want counted. Gaps in documentation kill these deals fast.
Bank statement loans work well if you run a business with consistent deposits. Asset depletion works better when income is irregular or fully stopped.
DSCR loans serve investors whose rental income covers the payment. Asset depletion serves buyers whose wealth is parked, not working.
Manteca attracts buyers relocating from higher-cost Bay Area markets. They often arrive cash-heavy after selling a home but lack current income.
San Joaquin County's price points make asset depletion math work well. A strong asset base goes further here than in coastal California markets.
Savings, brokerage, and retirement accounts typically qualify. Real estate equity usually does not count toward your qualifying asset total.
No employment income is required. Your liquid assets are converted into a monthly income figure that lenders use for qualification.
Lenders divide your eligible assets by the loan term in months. A $720,000 asset base on a 30-year loan could generate $2,000 monthly income.
It's not about location — it's about finding the right non-QM lender. Most local banks won't offer this program at all.
Some lenders allow it with additional haircuts applied. Rules vary, and early-withdrawal penalties factor into how lenders assess those funds.
Bank statement loans require active business deposits. Asset depletion suits buyers with wealth saved up but no ongoing income stream.