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Atherton is one of the wealthiest zip codes in the country. Many buyers here are retired executives, founders, or investors — asset-rich but income-light on paper.
Asset depletion loans were built for exactly this profile. Lenders divide your liquid assets over a set term to create a calculated monthly income.
680+
Min Credit Score
Non-QM
Loan Type
Assets Only
Income Verification
No
Employment Required
Asset Depletion Loans in Atherton
Lenders take your eligible liquid assets — think brokerage accounts, savings, retirement funds — and divide them by the loan term in months.
Most lenders want to see significant reserves after closing. Expect minimum asset thresholds of $500K or more, depending on the loan size.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Atherton.
Atherton is one of the wealthiest zip codes in the country. Many buyers here are retired executives, founders, or investors — asset-rich but income-light on paper.
Asset depletion loans were built for exactly this profile. Lenders divide your liquid assets over a set term to create a calculated monthly income.
Lenders take your eligible liquid assets — think brokerage accounts, savings, retirement funds — and divide them by the loan term in months.
This is a non-QM loan. That means big retail banks usually won't touch it. You need a broker with wholesale access to non-QM lenders who specialize in asset-based underwriting.
We work with 200+ wholesale lenders, including non-QM shops that price these loans competitively. Not every lender counts the same assets the same way — that spread matters.
The biggest mistake I see is borrowers assuming all liquid assets count equally. Some lenders discount retirement accounts by 30–40%. Others exclude stock options entirely.
Which assets you present — and how you structure them — can change your qualifying income by thousands per month. That's the difference between an approval and a denial.
Bank Statement Loans are another option for self-employed buyers with cash flow but messy tax returns. Asset Depletion works better when income is truly minimal or retired.
DSCR Loans apply if you're buying an investment property and want the rental income to carry the loan. Asset Depletion is better suited for primary or second home purchases.
Atherton home prices routinely run into the multiple millions. Asset Depletion loans are often the only tool that gets these deals done for buyers without reportable income.
San Mateo County's property values mean jumbo loan sizes are common. Non-QM lenders active in this market are accustomed to large asset depletion loans — this isn't uncharted territory.
Checking, savings, and brokerage accounts typically qualify. Retirement accounts often count at a discount, usually 60–70% of their value.
No traditional income is required. The lender creates a calculated income figure from your total eligible assets.
Most non-QM lenders want 680 or higher for asset depletion loans. Some go lower, but rates increase significantly below that threshold.
Yes. Asset depletion works for primary residences and second homes. Investment properties are usually better suited to DSCR loans.
Loan limits depend on your asset total and the lender's guidelines. Jumbo asset depletion loans are common and well-supported in the non-QM market.
Yes. Non-QM pricing runs higher than conventional. Rates vary by borrower profile and market conditions.