Plan on complete account statements for every asset in the calc, government ID, reserve documentation, and standard purchase or refinance paperwork — tax returns are usually not the income path.
Asset depletion files are statement-heavy, not tax-return-heavy. Underwriters need every page of each account used for income, down payment, and reserves so haircuts and ownership are clear.
Missing pages, incomplete retirement vesting, or unexplained large transfers are the most common stalls. We give you a personalized list before you apply so the first underwriting pass is clean.
If you also stack Social Security, pension, or employment income, we add award letters or pay stubs — without forcing full conventional documentation for the asset portion.
Guidelines vary by investor, credit, and loan amount. This overview is educational — your file is reviewed against current product rules.
Organize by income assets, cash to close, and transaction type.
Full statements for cash, brokerage, and retirement accounts included in the depletion calc — with vesting and ownership clear.
Separate or overlapping accounts showing funds available after closing. Large deposits need a paper trail.
Government ID, Social Security number for credit pull, and any letters of explanation for late payments or transfers.
Purchase contract, payoff statement, HOI, and condo docs when applicable — same collateral package as other Non-QM loans.
You get a checklist tailored to your accounts and transaction type. We flag incomplete PDFs early so underwriting does not pause for missing page 7 of a 12-page statement.
Stacking income? We add only the extra docs that investor requires — not a full conventional re-papering of the file.
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Expect recent statements for every account used in the depletion calc (all pages), government ID, asset statements for reserves and down payment, and purchase or refinance docs. Credit authorization and occupancy affidavits round out the file.
Usually not for the income calculation — income comes from depleting eligible assets, not AGI. Some investors request returns for fraud checks, ownership verification, or when you also stack W-2 or self-employment income.
Typically the most recent 1–2 months for brokerage and bank accounts, and current retirement statements showing vested balances. All pages — including blank pages — are usually required.
No. Asset depletion is a calculation; you generally do not liquidate accounts to qualify. Large recent transfers may still need a letter of explanation and paper trail.
Ryan & Steve will map your accounts and transaction type to a current Non-QM investor checklist before you apply.