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Stockton attracts retirees, investors, and self-made wealth holders sitting on significant assets. Traditional income docs often don't reflect their real financial picture.
Asset depletion loans solve that problem. Lenders divide your liquid assets over a set period — typically 360 months — and count that as monthly income.
680+ typical
Min Credit Score
20%+ common
Down Payment
None
Income Docs Required
Often 360 months
Asset Depletion Term
Asset Depletion Loans in Stockton
Eligible assets usually include checking, savings, money market accounts, and investment portfolios. Retirement accounts may qualify at a discounted value.
Credit requirements vary by lender. Most want a 680+ score. Down payments typically start at 20% for asset depletion programs.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Stockton.
Stockton attracts retirees, investors, and self-made wealth holders sitting on significant assets. Traditional income docs often don't reflect their real financial picture.
Asset depletion loans solve that problem. Lenders divide your liquid assets over a set period — typically 360 months — and count that as monthly income.
Eligible assets usually include checking, savings, money market accounts, and investment portfolios. Retirement accounts may qualify at a discounted value.
Asset depletion is a non-QM product. Your local bank almost certainly won't offer it. You need a broker with access to specialty wholesale lenders.
We work with 200+ wholesale lenders at SRK CAPITAL. Several specialize in non-QM programs built exactly for this borrower profile. Rates vary by borrower profile and market conditions.
The biggest mistake I see: borrowers try to qualify through a big bank, get denied, and assume they can't buy. Asset depletion approval lives at the wholesale level.
Asset mix matters. A $2M brokerage account hits differently than $2M in illiquid real estate equity. We structure the asset calculation before we ever submit a file.
Bank statement loans work if you have business revenue flowing monthly. Asset depletion works when your wealth is parked — not actively earning documented income.
DSCR loans cover investment properties using rental income. Asset depletion covers your personal residence or second home when income docs fall short.
San Joaquin County has a real mix — longtime homeowners with paid-off properties, ag-money families, and investors who've cashed out during appreciation cycles.
Many of these borrowers hold wealth in accounts, not paychecks. Asset depletion is often the cleanest path to a purchase or refinance in this market.
Checking, savings, money market, and brokerage accounts typically qualify. Retirement accounts may count at a reduced percentage depending on your age and the lender.
Yes. Asset depletion works for primary residences, second homes, and investment properties. Program availability varies by lender.
Lenders divide total eligible assets by a set number of months — often 360. That monthly figure becomes your qualifying income on the application.
No. Self-employed borrowers, investors, and anyone with substantial liquid assets but limited documented income can qualify. Retirement status isn't a requirement.
Conventional loans require verifiable employment income. Asset depletion replaces that with a calculated draw from your liquid asset base.
Yes, typically. Non-QM programs carry a rate premium over conventional loans. Rates vary by borrower profile and market conditions.