Loading
Scotts Valley attracts retirees, tech executives, and remote workers with significant liquid wealth. Many have assets — not paychecks — and that's exactly who asset depletion loans are built for.
This is a non-QM loan. That means it falls outside standard government guidelines. Lenders use your assets to calculate a monthly income figure instead of requiring W-2s or tax returns.
680+ (varies)
Min Credit Score
60–84 months
Asset Divisor Range
None
Income Docs Required
20–30%
Typical Down Payment
Up to $3M+
Max Loan (some lenders)
Asset Depletion Loans in Scotts Valley
Lenders divide your liquid assets by a set number of months — often 60 to 84 — to create an income figure. That number is what qualifies you.
Eligible assets typically include checking, savings, money market, and investment accounts. Retirement accounts usually count at a discount. Illiquid assets like real estate equity usually don't count.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Scotts Valley.
Scotts Valley attracts retirees, tech executives, and remote workers with significant liquid wealth. Many have assets — not paychecks — and that's exactly who asset depletion loans are built for.
This is a non-QM loan. That means it falls outside standard government guidelines. Lenders use your assets to calculate a monthly income figure instead of requiring W-2s or tax returns.
Lenders divide your liquid assets by a set number of months — often 60 to 84 — to create an income figure. That number is what qualifies you.
Retail banks rarely offer asset depletion. This product lives in the wholesale and portfolio lending space. You need a broker with access to the right lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in non-QM products like this one. We shop across them to match your asset profile with the lender whose formula works in your favor.
The biggest variable in this loan is the divisor. One lender uses 60 months, another uses 84. That gap directly changes your qualifying income — sometimes by thousands per month.
Borrowers often come to us after a bank said no. The bank couldn't fit them into a box. The right non-QM lender doesn't need that box.
Bank Statement Loans work better if you run a business with consistent deposits. Asset Depletion suits those with large portfolios but minimal income on paper.
DSCR Loans are for investment properties only — they qualify based on rental income. Asset Depletion works for primary residences, second homes, and investment properties.
Scotts Valley sits at a price point where many buyers need jumbo financing. Asset depletion lenders can go jumbo — some up to $3M or more — which matters here.
Santa Cruz County draws a lot of semi-retired tech professionals. They stopped taking salaries, but their portfolios are substantial. Asset depletion is often the right call for that profile.
Checking, savings, money market, and brokerage accounts typically qualify. Retirement accounts usually count at 60–70% of their value.
No traditional income is required. The lender creates a calculated monthly income figure from your asset balance.
Yes. Asset depletion loans work for primary residences, second homes, and investment properties. Terms vary by use type.
Most asset depletion lenders want at least a 680. Some go lower with stronger assets or higher down payments. Rates vary by borrower profile and market conditions.
Some lenders go up to $3M or beyond. The limit depends on your asset balance and the lender's guidelines.
Each lender calculates depletion income differently. A broker shops that formula across dozens of lenders to find the one that qualifies you for the most.