Question 1

What counts as a liquid asset for this loan?

Accepted Answer

Savings, checking, money market, and taxable brokerage accounts qualify. Retirement accounts may count at a discount if penalty-free.

Question 2

Can I use this for a second home in Capitola?

Accepted Answer

Yes. Asset depletion works for primary residences and second homes. Investment properties typically require a DSCR loan instead.

Question 3

How do lenders calculate my income from assets?

Accepted Answer

They divide eligible assets by the loan term in months — commonly 360. That monthly figure becomes your qualifying income.

Question 4

What credit score do I need?

Accepted Answer

Most non-QM lenders want 680 or higher. Higher scores better rates. Rates vary by borrower profile and market conditions.

Question 5

How is this different from just making a cash offer?

Accepted Answer

You preserve liquidity and keep assets invested. A mortgage lets your portfolio keep compounding while the property gets financed.

Question 6

Does SRK CAPITAL offer asset depletion loans in Santa Cruz County?

Accepted Answer

Yes. SRK CAPITAL works with wholesale lenders who specialize in non-QM asset depletion programs throughout California, including Capitola.

Asset Depletion Loans in Capitola, CA