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Riverbank sits in Stanislaus County — a Valley market where retirees and self-employed buyers often hold serious wealth but show little taxable income.
Asset depletion loans let those borrowers qualify using liquid assets instead of pay stubs. No W-2 required.
620–660
Min Credit Score
60–84 months
Asset Divisor Window
12+ months
Post-Close Reserves
Non-QM
Loan Type
Asset Depletion Loans in Riverbank
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That monthly figure becomes your qualifying income.
Most lenders want at least 12 months of reserves after closing. Credit requirements vary, but expect a minimum around 620 to 660.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Riverbank.
Riverbank sits in Stanislaus County — a Valley market where retirees and self-employed buyers often hold serious wealth but show little taxable income.
Asset depletion loans let those borrowers qualify using liquid assets instead of pay stubs. No W-2 required.
Lenders divide your liquid assets by a set number of months — typically 60 to 84. That monthly figure becomes your qualifying income.
Big retail banks rarely offer asset depletion programs. This is a non-QM product, which means specialty wholesale lenders dominate the space.
We work with 200+ wholesale lenders at SRK CAPITAL. Several specifically price asset depletion well for California borrowers.
The most common mistake we see: borrowers trying to count retirement accounts at full face value. Most lenders apply a haircut — often 30% on pre-tax accounts.
Brokerage accounts and savings qualify more cleanly. Structure your asset documentation before applying. Rates vary by borrower profile and market conditions.
Bank statement loans work well if you run a business with consistent deposits. Asset depletion fits better when income is minimal but assets are substantial.
DSCR loans are investment-property only. Asset depletion can cover a primary residence, second home, or investment — more flexibility there.
Riverbank attracts buyers relocating from the Bay Area with significant liquid assets from home sales. Asset depletion is a natural fit for that profile.
Stanislaus County price points are more moderate than coastal markets. Smaller loan sizes can make non-QM rates easier to absorb here.
Savings, checking, brokerage, and money market accounts generally qualify. Retirement accounts may qualify at a discount.
Yes. Asset depletion loans work for primary residences, second homes, and investment properties.
It depends on the loan amount and term. Lenders back-calculate the asset pool needed to cover your required monthly income figure.
Yes, typically. Non-QM products carry a rate premium. Rates vary by borrower profile and market conditions.
Some lenders want minimal income verification. Others rely purely on assets. Program rules vary — we shop both.