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Cupertino sits in the heart of Silicon Valley. Retired tech executives and equity-rich investors here often hold millions in assets but show little taxable income.
Asset depletion loans solve that problem. Lenders calculate income by dividing your liquid assets over a set term — typically 360 months.
680+
Min Credit Score
Assets ÷ 360 months
Income Calc Method
Non-QM
Loan Type
60–90 days
Asset Seasoning
Higher — non-QM
Rate vs. Conventional
Asset Depletion Loans in Cupertino
Lenders divide your eligible liquid assets by the loan term to create a monthly income figure. That number replaces traditional employment income on your application.
Eligible assets typically include checking, savings, money market, and investment accounts. Retirement accounts may qualify at a discounted value — usually 60-70% of the balance.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Cupertino.
Cupertino sits in the heart of Silicon Valley. Retired tech executives and equity-rich investors here often hold millions in assets but show little taxable income.
Asset depletion loans solve that problem. Lenders calculate income by dividing your liquid assets over a set term — typically 360 months.
Lenders divide your eligible liquid assets by the loan term to create a monthly income figure. That number replaces traditional employment income on your application.
Asset depletion is a non-QM product. Most retail banks won't touch it. You need a broker with access to specialty wholesale lenders.
Guidelines vary widely between lenders. One lender may accept brokerage accounts at full value. Another caps them at 70%. Sourcing matters.
The biggest mistake I see: borrowers assume all assets count equally. Vested stock options and deferred comp rarely qualify. Seasoned cash does.
Document everything before you apply. Lenders want 2-3 months of statements showing assets are stable — not just a single balance snapshot.
Bank statement loans work if you run a business with consistent deposits. Asset depletion works when income is minimal but the balance sheet is strong.
DSCR loans are for investment properties only. Asset depletion can finance a primary residence, second home, or investment property.
Cupertino home prices demand large loan amounts. Asset depletion lenders can accommodate jumbo loan sizes — a critical feature in Santa Clara County.
Many Cupertino buyers are recently retired tech workers. They have substantial brokerage accounts but no current employer. Asset depletion is often their only clean path to financing.
They divide your eligible liquid assets by the loan term — usually 360 months. That monthly figure becomes your qualifying income.
Yes, but retirement accounts are typically discounted to 60-70% of their value. The lender then divides that discounted figure over the loan term.
Yes. Rates run higher than conforming loans because these are non-QM products. Rates vary by borrower profile and market conditions.
Most lenders require at least 680. Higher scores and larger asset balances get you better pricing.
Yes. Unlike DSCR loans, asset depletion works for primary residences, second homes, and investment properties.
Most lenders want to see 60-90 days of account history. Newly deposited or transferred funds may not count toward qualifying assets.