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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
Asset Depletion Loans in Campbell
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.
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.
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.
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.
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.
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.