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Tracy sits at the edge of the Bay Area commute zone. Retirees and high-net-worth buyers are active here.
Asset depletion loans let you qualify without a paycheck. Your savings, investments, and retirement accounts do the work.
620 (typical)
Min Credit Score
60 days minimum
Asset Seasoning
Assets ÷ 360 months
Income Calculation
Non-QM
Loan Category
Asset Depletion Loans in Tracy
Lenders divide your liquid assets by a set term — often 360 months. That figure becomes your qualifying monthly income.
Most programs want at least 620 credit. Eligible assets include checking, savings, brokerage, and retirement accounts.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Tracy.
Tracy sits at the edge of the Bay Area commute zone. Retirees and high-net-worth buyers are active here.
Asset depletion loans let you qualify without a paycheck. Your savings, investments, and retirement accounts do the work.
Lenders divide your liquid assets by a set term — often 360 months. That figure becomes your qualifying monthly income.
Banks rarely offer asset depletion programs. This is a non-QM product — meaning it lives outside standard lending guidelines.
Wholesale lenders specialize in it. A broker with access to 200+ lenders can shop terms you won't find at a retail bank.
Asset type matters more than the total balance. Illiquid assets — like real estate equity — typically don't count.
Show 60 days of statements for every account. Lenders want to see the money sitting there, not freshly deposited.
Bank statement loans work better if you still run a business. Asset depletion fits borrowers with no active income at all.
DSCR loans are built for rental properties. Asset depletion works on primary homes, second homes, and investment properties.
Tracy draws retirees leaving the Bay Area with significant equity and savings. Asset depletion is built for that profile.
San Joaquin County prices are lower than the Bay. That means your assets can stretch further on the qualifying calculation.
Checking, savings, brokerage, and most retirement accounts qualify. Real estate equity and business accounts typically do not.
No traditional income is required. Your asset balance is converted into a calculated monthly income figure.
Yes. Asset depletion works on primary homes, second homes, and investment properties. Terms vary by occupancy type.
Non-QM rates run higher than conventional. Rates vary by borrower profile and market conditions — always get multiple quotes.
Most lenders apply a 70% haircut to retirement accounts before dividing by the loan term. Ask your lender for their exact method.
Seasoning matters. Lenders want assets in place for at least 60 days. Freshly moved funds often raise red flags.