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Tiburon's waterfront homes command premium prices, and the Marin County Fair's return this summer signals a stable community. Asset Depletion Loans let retirees and semi-retired buyers tap savings instead of W-2 income to qualify.
The 2026 conforming limit here is $1,249,125. Most Tiburon purchases sit well above that, making jumbo financing the norm. Asset Depletion Loans work alongside jumbo programs, letting you count retirement accounts and investment portfolios as qualifying...
620
Minimum FICO
20%
Typical Down Payment
$1,249,125
Conforming Limit (2026)
5-7 days longer
Underwriting Timeline
$142,785
County Median Income
Asset Depletion Loans in Tiburon
Asset Depletion Loans require a 620 FICO minimum and typically 20% down on conventional purchases. The lender divides your liquid assets by 360 months (30 years) and counts that as monthly qualifying income.
Marin County's median household income of $142,785 buys a modest home here, not a Tiburon waterfront property. Asset Depletion Loans exist precisely for buyers with wealth in savings but modest W-2 income.
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 waterfront homes command premium prices, and the Marin County Fair's return this summer signals a stable community. Asset Depletion Loans let retirees and semi-retired buyers tap savings instead of W-2 income to qualify.
The 2026 conforming limit here is $1,249,125. Most Tiburon purchases sit well above that, making jumbo financing the norm. Asset Depletion Loans work alongside jumbo programs, letting you count retirement accounts and investment portfolios as qualifying...
Asset Depletion Loans require a 620 FICO minimum and typically 20% down on conventional purchases. The lender divides your liquid assets by 360 months (30 years) and counts that as monthly qualifying income.
Asset Depletion Loans are a niche product. Most retail banks don't offer them; portfolio lenders and mortgage brokers do. California brokers have access to lenders who specialize in non-traditional income, including asset depletion.
Jumbo lenders in California are more flexible on income documentation than conforming lenders. They understand that retirees and business owners don't fit the W-2 mold.
Asset Depletion Loans make sense in Tiburon for retirees with $500,000+ in liquid assets and minimal W-2 income. If you're semi-retired, sold a business, or live off investment returns, this program opens doors that conventional lenders slam shut.
They don't make sense if you have strong W-2 income or can document self-employment earnings. Conventional and jumbo programs will give you a better rate and faster close.
Conventional loans require documented income — W-2s, tax returns, or business financials. Asset Depletion Loans count your savings as income instead. If you're retired and have no W-2, conventional won't work.
Jumbo loans also require income documentation, but they're more flexible on non-traditional sources. If you can show 1099 income, rental income, or investment returns, jumbo may work without Asset Depletion.
New trails opened at Hawk Hill in the Marin Headlands, just minutes from Tiburon. The decommissioned Nike Missile Site loop is now a community asset. Outdoor access like this matters to retirees and semi-retired buyers who value lifestyle over commute.
The Marin County Fair returns this summer with concerts and exhibits. Tiburon's community calendar stays active year-round. For buyers relocating to retire here, these local anchors signal a stable, engaged neighborhood where your home will hold value.
The lender divides your total liquid assets by 360 months. A $600,000 portfolio becomes $1,667 monthly qualifying income. Liquid assets include savings, money market, stocks, and bonds — not real estate or retirement accounts (in most cases).
No. Asset Depletion Loans exist for buyers with minimal or zero W-2 income. You qualify entirely on savings and investments. Retirees, semi-retired buyers, and those living off investment returns are the primary users.
620 FICO is the typical floor. Lenders may require 640+ for jumbo amounts above $1,249,125. Higher scores (680+) improve your rate and terms. Payment history matters more than income when you're qualifying on assets.
20% down is standard for conventional Asset Depletion Loans. Jumbo lenders may accept 15% down on larger loans, but expect a higher rate. The down payment comes from your liquid assets, which also support your qualifying income calculation.
Expect 5-7 business days longer than conventional loans. The lender must verify and value your assets. You'll provide 60-day bank statements, brokerage statements, and proof of ownership. Clear documentation speeds the process significantly.