Non-QM
Asset Depletion/Utilization in Sacramento, CA
What is a Asset Depletion/Utilization? Asset Depletion/Utilization is a specialized mortgage solution offered by CMRE for real estate financing. This program provides tailored terms, flexible underwriting, and expedited closing timelines to meet the unique needs of property buyers and investors in Sacramento, CA.
Custom Mortgage arranges Asset Depletion/Utilization financing in Sacramento, CA and across Sacramento County, including Midtown and East Sacramento. Sacramento County's 2026 FHFA conforming loan limit is $832,750 for a one-unit home and $1,601,750 for four units. Census ACS 2024 data puts the median owner-occupied home value in Sacramento County at $534,200, $298,550 below that one-unit limit.
Median household income there is $92,175 and 59% of homes are owner-occupied (Census ACS 2024). Median gross rent in Sacramento County is $1,790 a month (Census ACS 2024).
Key Facts About Asset Depletion/Utilization
CMRE bank statement loans use 12 or 24 months of deposits instead of tax returns.
Bank statement loans from CMRE serve self-employed borrowers and business owners.
CMRE bank statement programs accept personal or business account statements.
Bank statement loans at CMRE offer loan amounts up to $5 million.
CMRE bank statement rates are competitive with traditional full-documentation programs.
CMRE is a high-volume Non-QM lender for Asset Depletion/Utilization.
CMRE offers 10+ documentation options for Asset Depletion/Utilization.
CMRE Asset Depletion/Utilization closes in 21-35 days.
Program Benefits
Qualify using your assets instead of traditional income.
Ideal for self-employed individuals, retirees, and those with significant assets.
Bypass the complexities of traditional income verification.
Competitive rates for qualified borrowers.
Greater flexibility in meeting loan requirements.
Access higher loan amounts based on your asset portfolio.
Program Highlights
Max LTV
80%
Min Credit Score
660
Max DTI
55%
Loan Amount Range
$100K - $3M
Amortization Options
Eligible Properties
- Single Family
- Condo
- Townhouse
- Multi-Family (up to 4 units)
Program Requirements
Income Documentation
- •Alternative income documentation accepted.
- •Focus on asset verification and depletion calculations.
- •May require limited income verification depending on asset type.
- •Consult with a CMRE loan officer for specific income requirements.
Asset Verification
- •Acceptable assets include bank accounts, investment portfolios, and retirement funds.
- •Assets must be readily accessible and verifiable.
- •Depletion/utilization rate will be determined based on asset type and market conditions.
- •CMRE will calculate a qualifying income based on asset depletion.
Insurance & Title
- •Standard homeowner's insurance required.
- •Flood insurance may be required depending on property location.
- •Proof of insurance coverage must be provided.
- •CMRE can assist with finding suitable insurance options.
Property Requirements
- •Minimum FICO score of 660 required.
- •Review of credit history to assess risk.
- •Consideration given to overall credit profile.
- •Higher credit scores may result in better loan terms.
Asset Depletion/Utilization in Sacramento: The Complete Guide
What Is Asset Depletion/Utilization?
Asset depletion/utilization is a Non-QM loan program that allows borrowers to qualify for a mortgage by using their assets as a source of income. Instead of relying on traditional income documentation like pay stubs or W-2s, lenders calculate a monthly income based on a percentage of the borrower's available assets. This is especially beneficial for individuals who have significant assets but may not have a steady income stream, such as retirees, entrepreneurs, or self-employed professionals.
Who Qualifies for Asset Depletion/Utilization?
- •Self-employed borrowers with strong cash flow but complex tax returns.
- •Real estate investors qualifying on rental income (DSCR) rather than personal income.
- •Foreign nationals and ITIN holders purchasing US property.
- •Borrowers with recent bankruptcy, foreclosure, or short sale.
- •Retirees and high-net-worth individuals qualifying on assets.
- •Commission-based, 1099, and gig economy workers.
CMRE Documentation Options for Asset Depletion/Utilization
- •Bank Statement: 12-24 months personal or business (residential + commercial).
- •P&L: CPA-prepared profit & loss for FHA and conventional.
- •VOE-Only: employer verification — no pay stubs, no tax returns.
- •DSCR: property rental income — zero personal income documentation.
- •Asset Depletion: liquid assets / 360 months = qualifying income.
- •Cross-collateral: leverage existing property equity.
Apply for Asset Depletion/Utilization with CMRE
- •Step 1: Describe your situation — CMRE identifies the best program.
- •Step 2: Gather program-specific docs (bank statements, P&L, 1099s, etc.).
- •Step 3: Pre-approval within 24-48 hours.
- •Step 4: Appraisal and processing.
- •Step 5: Close in 21-35 days with CMRE's dedicated Non-QM team.
National Rate Index (Freddie Mac PMMS)
30-Year Fixed Rate
7.18%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
15-Year Fixed Rate
6.57%
as of 11/5/2026 · Freddie Mac PMMS · live · 2026-11-05
Rates are national averages and may differ from your actual rate. Contact us for a personalized quote.
Get Your Rate →Market-data snapshots: FHFA 2026 (live); HUD FYunavailable (bundled); Census ACS 2024 (bundled).
Sacramento County at a glance
- Conforming loan limit (1 unit)
- $832,750
- Source: FHFA, 2026
- Conforming loan limit (4 units)
- $1,601,750
- Source: FHFA, 2026
- Median owner-occupied home value
- $534,200
- Source: Census ACS 5-year, 2024
- Median household income
- $92,175
- Source: Census ACS 5-year, 2024
- Owner-occupied homes
- 59%
- Source: Census ACS 5-year, 2024
- Median gross rent
- $1,790
- Source: Census ACS 5-year, 2024
- Home value to income ratio
- 5.8
- Source: Census ACS 5-year (computed), 2024
2026 Conforming Loan Limits: SACRAMENTO
1-Unit (SFR)
$832,750
2-Unit (Duplex)
$1,066,250
3-Unit (Triplex)
$1,288,800
4-Unit (Fourplex)
$1,601,750
Source: FHFA 2026 Conforming Loan Limits. Loans above these limits require jumbo financing.
Asset Depletion/Utilization in Sacramento, CA
Sacramento mortgage rates and programs. CMRE serves the greater Sacramento metro area.Custom Mortgage & Real Estate specializes in providing high-fidelity Asset Depletion/Utilization solutions tailored to the unique economic landscape of Sacramento and the surrounding Sacramento County.
Our FinTech-driven approach allows us to offer competitive rates and streamlined processing for homeowners and investors across the entireSacramento metropolitan area.
Service Areas & Neighborhoods
Our Sacramento Presence
Local Knowledge. Global Rates.
16501 Ventura Blvd STE 400
Encino, CA 91436
Direct Line
877-976-5669Application Process
Six simple steps from application to funding
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Application
Complete our streamlined online application form with your financial information
Document Review
Submit required documentation for verification and processing
Pre-Approval
Receive conditional approval and loan terms based on your profile
Title & Escrow
Open escrow and complete title search and insurance requirements
Appraisal & Final Review
Property appraisal completed and final underwriting approval received
Funding
Sign final documents and receive your loan funds
Why Choose Custom Mortgage?
Your trusted partner in real estate financing
Extensive Experience
Over 25 years of proven expertise in mortgage lending and real estate financing
Comprehensive Loan Options
Wide range of programs from conventional to specialized non-QM and hard money solutions
Nationwide Coverage
Licensed in multiple states with the ability to fund loans across the country
Flexible Solutions
Customized financing options for unique situations that traditional lenders decline
Competitive Rates
Access to wholesale pricing and volume discounts passed directly to our clients
No Upfront Fees
Transparent pricing with no application fees or upfront costs to get started
Get Matched in 60 Seconds
Our AI Instant Advisor analyzes your situation — credit, loan amount, property type — and matches you to the right program. No credit pull. No obligation.
Get Your Numbers
Quick quote or detailed payment estimate — no credit pull
Quote Wizard
AI-Powered Rate Intelligence
Step 1: Loan Foundation
Mortgage Estimator
Freddie Mac 30-yr average, week of Apr 19, 2026. Not a quote.
Principal & Interest Only
Common Questions About Asset Depletion/Utilization in Sacramento
The latest available national 30-year fixed observation was 7.18% (Freddie Mac PMMS, week of 11/5/2026). Asset Depletion/Utilization rates in Sacramento vary by loan amount, LTV, and credit profile — CMRE can issue a pre-approval within 24 hours of a complete application.
Timelines depend on the program, appraisal, and title: conventional purchases typically close in 14–21 days, and hard money loans can fund in as few as 7 business days. Pre-approvals are issued within 24 hours of a complete application.
Yes. CMRE Asset Depletion/Utilization programs serve self-employed Sacramento borrowers using 12-24 months of bank statements instead of tax returns. Business owners, freelancers, and gig workers in Sacramento County qualify under non-QM guidelines.
Asset Depletion/Utilization through CMRE requires alternative documentation instead of traditional tax returns. Options include bank statements, 1099 forms, asset verification, or profit & loss statements. Our Sacramento team guides you through the most favorable documentation path.
See all Asset Depletion/Utilization questions and program details
Asset Depletion/Utilization by Location
Get local rates, loan limits, and market data for Asset Depletion/Utilization in your area.
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Browse All Territories →Reviewed by Eve Sanchez, Chief Compliance Officer · Updated 2026-11-04 · Custom Mortgage Inc., NMLS #1556995
TESTIMONIALS
Success stories from families and investors across the nation who achieved their goals with CMRE.
"I've been working with Custom Mortgage and Real Estate for over five years now, and they've totally helped me get through a bunch of tricky transactions. Their team is super helpful all the way through, making sure everything goes off without a hitch. I seriously recommend Custom Mortgage to anyone who needs financing or a solid real estate broker."
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"As an investor in real estate and an agent, I totally count on Custom Mortgage and Real Estate for my deals since they've got loads of experience. They have these unique programs that I just can't find anywhere else, and it really gives me an advantage. After researching a number of companies, the offers from Custom Mortgage were the best out there."
