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Asset Depletion Loans in Tiburon
Can I qualify for an asset depletion loan if I'm retired with no W-2 income?
Yes. Asset depletion loans are built for retirees. The program converts your liquid assets into qualifying income on a fixed drawdown schedule.
01
Tiburon's median home price is $3,097,992, with 29 homes actively listed. Homes move in roughly 30 days on the market here.
Asset depletion loans work well for buyers with substantial savings but limited employment income. The program converts liquid assets into qualifying income on a fixed drawdown schedule.
$3,097,992
Median Home Price
680
Minimum Credit Score
9 months
Reserve Requirement
$3,000,000
Maximum Loan Amount
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Asset depletion loans for a primary residence require a minimum 680 representative credit score. You also need a maximum 50 percent total debt-to-income ratio.
For a primary residence, you need a minimum of 9 months of reserves and at least $1,500 monthly residual income. The loan amount caps at $3,000,000.
Local decision guide
Use this guide to connect asset depletion loans eligibility, lender expectations, and local market factors before comparing payment options in Tiburon.
Tiburon's median home price is $3,097,992, with 29 homes actively listed. Homes move in roughly 30 days on the market here.
Asset depletion loans work well for buyers with substantial savings but limited employment income. The program converts liquid assets into qualifying income on a fixed drawdown schedule.
Asset depletion loans for a primary residence require a minimum 680 representative credit score. You also need a maximum 50 percent total debt-to-income ratio.
Rate check
Tell us the price range, down payment and credit range you are working with. We compare every lender we work with and show you the options side by side.
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Asset depletion loans remain a specialized product. Most wholesale lenders focus on borrowers with documented liquid assets rather than traditional W-2 income.
SRK CAPITAL shops asset depletion loans across its wholesale lender network. Underwriting centers on asset documentation, drawdown schedules, and residual income rather than employment verification.
04
Asset depletion loans make strong sense in Tiburon for retirees with substantial liquid assets. Tiburon's $3,097,992 median price sits above the program's $3,000,000 loan cap.
That gap means a larger down payment is often needed here. The 9-month reserve requirement and $1,500 residual income floor keep qualification grounded in real assets.
05
Conventional loans require consistent W-2 income and typically ask for 10 to 20 percent down. Asset depletion loans flip that: they accept lower or no employment income but require substantial liquid assets.
FHA loans run lower rates but carry lifetime mortgage insurance when down payment is under 10 percent. Asset depletion structures income differently, which can help borrowers who lack W-2 pay stubs.
06
A privately owned Marin County mountaintop is opening to the public for the first time in decades. That creates new hiking access for residents and signals regional appeal.
Point Reyes Station, just north of Tiburon, is seeing significant investment in historic preservation. New dining options and community improvements matter to retirees planning to stay put.
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Tiburon's real estate market shows 29 homes actively listed with a median price of $3,097,992. The 30-day average time on market reflects steady buyer interest.
Asset depletion lending in Marin County remains niche but growing as retirees seek alternatives. Lenders focus on borrowers with documented liquid assets and clear financial stability.
FAQ
Yes. Asset depletion loans are built for retirees. The program converts your liquid assets into qualifying income on a fixed drawdown schedule.
Savings accounts, investment accounts, retirement accounts, brokerage holdings, and other documented liquid funds count. Your lender verifies these through bank statements.
For a primary residence, you need a minimum of 9 months of reserves. That's a substantial cushion designed to protect both you and the lender.
For a primary residence, the loan cap is $3,000,000. Tiburon's median price sits above that, so most purchases require a larger down payment.
SRK CAPITAL closes asset depletion loans in 17 to 21 days, or 10 days when expedited. Underwriting moves quickly because asset documentation is straightforward.
Programs for first-time buyers that allow lower down payments and more forgiving credit and income rules.
Explore refinancing options to lower your rate, tap equity, or switch loan terms.
SRK CAPITAL in Marin County
Our team of licensed mortgage brokers works Marin County every week. Tell us where you are in the process and we will map out the loan, the timeline and the money you need at closing, with no obligation.
What working with us looks like
Licensed mortgage brokers
You talk with a broker, not a call center, from the first question to closing day.
17-21 day typical close
Most purchase loans close in 17-21 days once your paperwork is in.
Every county in California
We work across the state, including Marin County, so local limits and rules are already familiar.
Financing solutions for rental properties, fix-and-flip projects, and real estate portfolios.
Mortgage programs with alternative income documentation for business owners and freelancers.
Federally insured or guaranteed programs (FHA, VA, USDA) that let lenders accept lower credit scores and smaller down payments.
Traditional mortgage options meeting standard lending guidelines with various term structures.
Alternative lending programs for borrowers who need flexible documentation or unique loan structures.
This page is for educational purposes only and does not constitute financial, legal, or tax advice. Mortgage rates, terms, and program availability can change and vary by borrower and property. Consult a licensed mortgage professional for guidance on your scenario.