Question 1

What assets qualify for this loan in Winters?

Accepted Answer

Savings, brokerage accounts, and retirement funds typically qualify. Most lenders require assets to be seasoned 60-90 days.

Question 2

Can I use proceeds from a land sale?

Accepted Answer

Yes, if the funds are in a verifiable account and properly seasoned. Lump-sum deposits get extra scrutiny from underwriters.

Question 3

How is my qualifying income calculated?

Accepted Answer

Lenders divide eligible assets by the loan term in months. That number becomes your monthly qualifying income.

Question 4

Do I need to be retired to use this loan?

Accepted Answer

No. Self-employed buyers, investors, and anyone with high assets but low reported income can qualify.

Question 5

Are rates higher than conventional loans?

Accepted Answer

Yes, non-QM products carry higher rates than conventional loans. Rates vary by borrower profile and market conditions.

Question 6

Can SRK CAPITAL find asset depletion lenders for Yolo County?

Accepted Answer

Yes. We work with 200+ wholesale lenders, including several with strong non-QM programs for Yolo County buyers.

Asset Depletion Loans in Winters, CA