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Dixon sits in Solano County between Sacramento and the Bay Area. It attracts retirees and cash-rich buyers who don't show much W-2 income.
Asset depletion loans were built for exactly this borrower. Your portfolio does the qualifying — not a pay stub.
680 typical
Min Credit Score
20% typical
Down Payment
60–84 months
Asset Divisor Range
None (asset-based)
Income Docs Required
60 days required
Statement History
Asset Depletion Loans in Dixon
Lenders divide your liquid assets by a set number of months — often 60 to 84 — to calculate monthly income. That number replaces your employment income on the application.
Most lenders want a 680+ credit score and 20% down. Retirement accounts, brokerage accounts, and savings all count. Vested 401k balances typically get a haircut of 30-40%.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Dixon.
Dixon sits in Solano County between Sacramento and the Bay Area. It attracts retirees and cash-rich buyers who don't show much W-2 income.
Asset depletion loans were built for exactly this borrower. Your portfolio does the qualifying — not a pay stub.
Lenders divide your liquid assets by a set number of months — often 60 to 84 — to calculate monthly income. That number replaces your employment income on the application.
Asset depletion is a non-QM product. Retail banks rarely offer it. You need a broker or lender who actively works with non-QM wholesale channels.
Pricing varies sharply across lenders. One lender might use a 60-month divisor while another uses 84. That difference alone can change your qualifying income by thousands per month.
The most common mistake I see: borrowers move assets right before applying. Lenders require 60 days of statements. Transfers between accounts look like gifts — and kill the deal.
Document everything before you call. Know exactly which accounts are liquid, which are retirement, and which have penalties for early withdrawal. That prep saves weeks.
Bank statement loans work better if you're still running a business with active deposits. Asset depletion is cleaner for retirees or those living off investments.
DSCR loans are another option if you're buying a rental in Dixon. But if this is a primary residence purchase, asset depletion is the right non-QM tool.
Dixon's price point is more accessible than nearby Vacaville or Fairfield. That means your asset pool goes further here — smaller loan, same qualifying math.
Solano County's location between two major metros makes it a real option for buyers downsizing from the Bay Area. Many arrive with significant liquid assets from home sale proceeds.
Checking, savings, brokerage, and vested retirement accounts typically qualify. Illiquid assets like real estate equity do not count.
It depends on the loan amount and the lender's divisor. More assets mean higher calculated income and a larger qualifying loan.
Yes. Asset depletion works for primary residences, second homes, and investment properties. Lender terms vary by property type.
Yes — non-QM rates run higher than conventional. Rates vary by borrower profile and market conditions.
No. The assets stay in your accounts. Lenders use the balances to calculate income — you don't touch the money.
Non-QM loans typically take 3-4 weeks to close. Gathering 60-day statements on all accounts upfront speeds things up.