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Los Altos Hills is one of the wealthiest zip codes in Santa Clara County. Many residents here are retired tech executives, founders, or investors with significant liquid assets but little traditional income.
Asset depletion loans treat your portfolio as income. Lenders divide your liquid assets over a set period — typically 360 months — and use that figure to qualify you.
620+
Min Credit Score
60 days typical
Asset Seasoning
None (assets only)
Income Docs Required
20-30%
Typical Down Payment
30-45 days
Est. Close Time
Asset Depletion Loans in Los Altos Hills
Lenders typically require 620-700+ credit scores for asset depletion programs. The stronger your credit, the better your rate. Rates vary by borrower profile and market conditions.
Eligible assets usually include checking, savings, brokerage, and retirement accounts. Vested stock and money market accounts often qualify. Illiquid assets like real estate equity typically do not count.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Los Altos Hills.
Los Altos Hills is one of the wealthiest zip codes in Santa Clara County. Many residents here are retired tech executives, founders, or investors with significant liquid assets but little traditional income.
Asset depletion loans treat your portfolio as income. Lenders divide your liquid assets over a set period — typically 360 months — and use that figure to qualify you.
Lenders typically require 620-700+ credit scores for asset depletion programs. The stronger your credit, the better your rate. Rates vary by borrower profile and market conditions.
Most big banks don't offer asset depletion programs. This is a non-QM product — which means you need a lender that specializes in portfolio or alternative documentation loans.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize specifically in high-net-worth non-QM borrowers, which is exactly the profile common in Los Altos Hills.
The most common mistake I see: borrowers assume all lenders count assets the same way. They don't. One lender might haircut your brokerage account by 30%. Another accepts it at full value.
Asset seasoning matters too. Most lenders want to see funds in the account for at least 60 days. Moving money around right before application raises red flags in underwriting.
Bank statement loans are the closest alternative. If you have self-employment income flowing through business or personal accounts, bank statements may get you a better rate than asset depletion.
DSCR loans work if you're buying investment property — rental income covers qualification. For a primary residence in Los Altos Hills with no active income, asset depletion is usually the cleanest fit.
Homes in Los Altos Hills regularly transact at prices that exceed conventional and jumbo conforming limits. Asset depletion programs can be structured as jumbo non-QM loans to cover higher purchase prices.
Silicon Valley's concentration of pre-IPO equity, RSUs, and brokerage wealth makes asset depletion a natural fit here. Lenders familiar with this borrower profile underwrite these deals more efficiently.
Most divide your eligible liquid assets by 360 months. That monthly figure is used as your qualifying income.
Often yes, but lenders typically apply a 70% haircut if you're under 59½. Confirm the exact rules with your lender.
Yes. Asset depletion is commonly used for primary residences. It's not restricted to investment properties.
Most lenders require at least 620. Scores above 700 typically unlock better rates. Rates vary by borrower profile and market conditions.
Yes. If you have Social Security, rental income, or part-time income, lenders can blend those with asset depletion income.
Non-QM underwriting often takes longer than conventional — expect 30-45 days. Work with a lender experienced in this program.