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Asset Depletion Loans in Campbell
How much in assets do I need to qualify?
It depends on the loan amount and lender formula. Generally, lenders divide assets by 360 months to get monthly income — work backward from your target payment.
01
Campbell sits in the heart of Santa Clara County. This is tech money country — lots of retirees, executives, and founders sitting on serious liquid assets.
Asset depletion lets lenders count your portfolio as income. No W-2 required. That matters here, where wealth doesn't always show up on a pay stub.
680+ typical
Min Credit Score
Assets ÷ 360 months
Asset Calculation
None
Income Docs Required
Non-QM
Loan Type
60–90 days typical
Asset Seasoning
02
Lenders divide your liquid assets by a set number of months — often 360. That monthly figure becomes your qualifying income.
You'll typically need strong credit, meaningful reserves, and assets that are truly liquid. Stocks, savings, and money market accounts qualify. Real estate equity usually doesn't.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Campbell.
Campbell sits in the heart of Santa Clara County. This is tech money country — lots of retirees, executives, and founders sitting on serious liquid assets.
Asset depletion lets lenders count your portfolio as income. No W-2 required. That matters here, where wealth doesn't always show up on a pay stub.
Lenders divide your liquid assets by a set number of months — often 360. That monthly figure becomes your qualifying income.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
03
Asset depletion is a non-QM product. Most retail banks won't touch it. You need wholesale lenders who specialize in non-traditional income documentation.
We work with 200+ wholesale lenders at SRK CAPITAL. Not every one offers asset depletion — but we know which ones do and what their asset thresholds look like.
04
The most common mistake I see: borrowers try to count retirement accounts at full value. Most lenders apply a haircut — sometimes 30% or more — on 401k and IRA balances.
Brokerage accounts and cash count at full face value. If you can shift assets before applying, it can meaningfully change your qualifying number. Time that move carefully.
05
Bank statement loans work well if you have consistent business deposits. Asset depletion is better when your cash flow is irregular or you've stopped drawing income entirely.
DSCR loans are designed for rental properties. Asset depletion is for your primary home or second home purchase. Different tools for different situations.
06
Campbell has a tight housing stock. Deals move fast. Asset depletion borrowers need a lender who can underwrite quickly — slow non-QM shops will cost you the deal.
Santa Clara County property taxes run high. Factor that into your monthly payment calculation when your lender converts assets to qualifying income.
FAQ
It depends on the loan amount and lender formula. Generally, lenders divide assets by 360 months to get monthly income — work backward from your target payment.
Yes, but most lenders discount retirement accounts by 30% or more. Liquid brokerage and savings accounts count at full value.
Yes. Asset depletion works for primary residences and second homes. It is not limited to investment properties.
Requirements vary by lender, but most non-QM asset depletion programs want at least a 680. Higher scores get better pricing. Rates vary by borrower profile and market conditions.
Standard loans verify monthly income from employment or self-employment. Asset depletion converts your portfolio balance into a calculated monthly income figure instead.
Yes. Many lenders allow blended qualification — part traditional income, part asset depletion. That combination can strengthen your file significantly.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Santa Clara County
Our team of licensed mortgage brokers works Santa Clara County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Santa Clara County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.