Asset depletion docs: account statements, ID, reserves, and purchase or refinance paperwork. See the Indiana checklist.
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Asset Depletion Loans
Documents Required
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.
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.
Upload tips
— Export all pages, including blanks
— Keep statements dated within investor windows
— Label accounts used for income vs. reserves
— Explain large transfers before underwriting asks
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Ryan & Steve will map your accounts and transaction type to a current Non-QM investor checklist before you apply.