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Tiburon sits on a Marin County peninsula where homes routinely trade at prices that push most buyers into jumbo territory.
Self-employed buyers dominate this market. Many write off income aggressively — then wonder why traditional lenders turn them down.
680+
Min Credit Score
12–24 Months
Statement History
No
Tax Returns Required
Non-QM
Loan Type
Typically Higher
Rate vs Conventional
Bank Statement Loans in Tiburon
You need 12 to 24 months of bank statements — personal, business, or both. Lenders average the deposits to calculate qualifying income.
Most lenders want a 680+ credit score for bank statement loans. Stronger scores open better rates. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect bank statement loans eligibility, lender expectations, and local market factors before comparing payment options in Tiburon.
Tiburon sits on a Marin County peninsula where homes routinely trade at prices that push most buyers into jumbo territory.
Self-employed buyers dominate this market. Many write off income aggressively — then wonder why traditional lenders turn them down.
You need 12 to 24 months of bank statements — personal, business, or both. Lenders average the deposits to calculate qualifying income.
Bank statement loans are non-QM products. That means your local bank almost certainly won't offer one.
We access 200+ wholesale lenders at SRK CAPITAL. Several specialize in non-QM for high-income self-employed borrowers in coastal California markets.
Business owners often use a 50% expense factor — lenders cut your gross deposits in half to estimate net income. Track your real deposit patterns before you apply.
A deal that falls flat at one lender gets approved at another because overlays differ. That's exactly why working with a broker beats going direct.
1099 loans work if your income is contractor-based and documented by 1099 forms. Bank statement loans cover a wider range of self-employed structures.
Asset depletion loans are another path for Tiburon buyers with significant holdings but low reported income. The right program depends on your specific financial picture.
Marin County properties often have complex ownership structures — trusts, LLCs, partnerships. That adds documentation layers on any non-QM loan.
Tiburon's waterfront and view properties can raise appraisal issues. Non-QM lenders already price in risk — a tough appraisal compounds that. Plan for it.
Yes. Most lenders accept business statements with a 50% expense factor applied. Some allow a CPA letter to adjust that ratio.
Loan amounts vary by lender and your qualifying income. Many non-QM lenders go to $3M or higher for strong borrower profiles.
Yes, rates run higher than conventional loans. The tradeoff is qualifying on actual cash flow, not reduced taxable income. Rates vary by borrower profile and market conditions.
Lenders average all 12 or 24 months. Wild swings raise flags. Consistent deposit patterns help your case significantly.
Non-QM loans typically take 21 to 30 days. Complex vesting or appraisal issues can add time — plan ahead.
Yes, but waterfront appraisals can be tricky with limited comps. Work with a lender experienced in Marin County non-QM deals.