Question 1

What assets count for an asset depletion loan?

Accepted Answer

Checking, savings, stocks, bonds, and money market accounts typically qualify. Retirement accounts often count at a reduced value.

Question 2

How do lenders calculate my income from assets?

Accepted Answer

They divide your total eligible assets by a set number of months — often 60 to 360. That result becomes your qualifying monthly income.

Question 3

Can I use proceeds from selling my Bay Area home?

Accepted Answer

Yes, once those funds are in your account and seasoned — usually 60 to 90 days. Document the source clearly with closing statements.

Question 4

Is asset depletion available in Suisun City specifically?

Accepted Answer

Yes. It's a loan program tied to your financial profile, not your location. Suisun City properties are eligible through non-QM wholesale lenders.

Question 5

What credit score do I need?

Accepted Answer

Most lenders want 620 or higher. Better scores get better rates. Rates vary by borrower profile and market conditions.

Question 6

How is this different from a conventional loan?

Accepted Answer

Conventional loans require documented employment income. Asset depletion loans substitute liquid assets for income — no pay stubs needed.

Asset Depletion Loans in Suisun City, CA