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Sebastopol attracts retirees, vineyard owners, and tech-adjacent professionals. Many have serious wealth but no W-2 income.
Asset depletion loans convert liquid assets into qualifying income. That opens real financing options for cash-rich borrowers.
Typically 680+
Min Credit Score
60–84 months
Asset Depletion Term
None (assets only)
Income Docs Required
Up to 30–40%
Retirement Account Haircut
Non-QM premium applies
Loan Pricing
Asset Depletion Loans in Sebastopol
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That monthly figure becomes your qualifying income.
Eligible assets usually include checking, savings, money market, and investment accounts. Retirement accounts may count at a discount.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Sebastopol.
Sebastopol attracts retirees, vineyard owners, and tech-adjacent professionals. Many have serious wealth but no W-2 income.
Asset depletion loans convert liquid assets into qualifying income. That opens real financing options for cash-rich borrowers.
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That monthly figure becomes your qualifying income.
Most banks won't touch this loan. Asset depletion is a non-QM product — you need a wholesale lender that runs its own guidelines.
We work with 200+ wholesale lenders. Several specialize in non-QM and have competitive asset depletion programs for California borrowers.
The biggest mistake I see: borrowers try to qualify on retirement assets alone. Lenders haircut those accounts — sometimes by 30 to 40%.
Front-load liquid assets. Move funds into accessible accounts before applying. It directly increases your qualifying income figure.
Bank statement loans work well if you have business income. Asset depletion is better when income is minimal but assets are strong.
DSCR loans are for rental properties. Asset depletion covers primary residences, second homes, and investment properties alike.
Sebastopol sits in western Sonoma County. Homes here skew toward higher price points — asset depletion borrowers often need larger loan amounts.
Jumbo asset depletion overlays are stricter. Expect higher reserve requirements and tighter credit standards above conforming limits.
Checking, savings, money market, and brokerage accounts typically qualify at full value. Retirement accounts often count at 60–70%.
Yes. Asset depletion programs cover primary residences, second homes, and investment properties. Second home guidelines may differ by lender.
Not necessarily. Some lenders require nominal income. Others qualify you on assets alone. It depends on the specific lender's program.
Lenders divide eligible assets by a set term — often 60 to 84 months. That result is your monthly qualifying income for underwriting.
Yes, typically. Non-QM pricing carries a premium over conventional. Rates vary by borrower profile and market conditions.
Non-QM loans often close in 21–30 days. Asset documentation review adds time — have statements ready before you apply.