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Bank Statement Loans in Tiburon
Can I use business bank statements if I'm an S-Corp owner?
Yes. Most lenders accept business statements with a 50% expense factor applied. Some allow a CPA letter to adjust that ratio.
01
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
02
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.
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.
03
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.
04
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.
05
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.
06
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.
FAQ
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.
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.
Side-by-side comparisons to help you choose the right mortgage program.
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.