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Hughson sits in Stanislaus County — a tight-knit agricultural community where retirees and asset-rich borrowers are common.
Asset depletion loans let you qualify using liquid assets instead of a paycheck. No W-2 required.
680 (varies by lender)
Min Credit Score
60–84 months
Asset Depletion Term
None — assets only
Income Docs Required
Savings, brokerage, IRA
Eligible Asset Types
Non-QM
Loan Type
Asset Depletion Loans in Hughson
Lenders divide your liquid assets by a set number of months — typically 60 to 84 — to calculate a monthly income figure.
Eligible assets usually include savings, brokerage accounts, and retirement funds. Retirement accounts may be discounted.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Hughson.
Hughson sits in Stanislaus County — a tight-knit agricultural community where retirees and asset-rich borrowers are common.
Asset depletion loans let you qualify using liquid assets instead of a paycheck. No W-2 required.
Lenders divide your liquid assets by a set number of months — typically 60 to 84 — to calculate a monthly income figure.
Most banks won't touch asset depletion. It's a non-QM product, so you need a wholesale lender who specializes in it.
SRK CAPITAL works with 200+ wholesale lenders. We find who's pricing this product competitively right now.
The most common mistake: borrowers assume all assets count equally. They don't. Each lender haircuts differently.
A $1.2M brokerage account doesn't mean $1.2M in qualifying assets. Know your numbers before you shop.
Bank statement loans work well for self-employed borrowers with consistent deposits. Asset depletion fits better for retirees with no income stream.
DSCR loans are for investment properties only. Asset depletion can cover a primary residence, second home, or investment.
Hughson has a strong retiree and farming community. Many buyers here have significant equity or savings but limited monthly income.
Asset depletion is a natural fit for that profile. It's built for exactly the borrower Hughson produces.
Savings, brokerage, and retirement accounts typically qualify. Each lender applies different discounts to retirement funds.
Yes. Asset depletion works for primary residences, second homes, and investment properties.
Most non-QM lenders want at least a 680. Some go lower, but your rate will reflect the added risk.
Lenders divide eligible assets by a set term — often 60 to 84 months. That figure becomes your monthly income.
Rarely. This is a non-QM product. You need a broker with access to wholesale non-QM lenders.
No. Lenders exclude assets reserved for the down payment and closing costs from the depletion calculation.