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Tiburon is one of Marin County's most desirable rental markets. Bay views, ferry access, and top schools keep rental demand tight year-round.
DSCR loans — which qualify based on a property's rent, not your W-2 — are built for markets like this. Strong rents make approval math straightforward.
620 (700+ preferred)
Min Credit Score
1.10–1.25
Min DSCR Ratio
20–25%
Down Payment
None (property-based)
Income Docs Required
Up to 30 years
Loan Term
DSCR Loans in Tiburon
Lenders calculate your DSCR by dividing monthly rent by monthly debt payments. A ratio of 1.0 means rent covers the payment exactly. Most lenders want 1.1 or higher.
Expect a minimum 620 credit score, though 680+ gets better pricing. Down payments typically start at 20-25% for investment properties.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Tiburon.
Tiburon is one of Marin County's most desirable rental markets. Bay views, ferry access, and top schools keep rental demand tight year-round.
DSCR loans — which qualify based on a property's rent, not your W-2 — are built for markets like this. Strong rents make approval math straightforward.
Lenders calculate your DSCR by dividing monthly rent by monthly debt payments. A ratio of 1.0 means rent covers the payment exactly. Most lenders want 1.1 or higher.
DSCR is a non-QM loan — meaning most retail banks don't offer it. You won't find this at your local credit union or big-box bank branch.
At SRK CAPITAL, we work with 200+ wholesale lenders who specialize in non-QM programs. That competition works in your favor on rate and terms.
The mistake I see most often: investors underestimate how lenders calculate rent. They use the lease or an appraiser's market rent report — whichever is lower.
In Tiburon, market rents are strong, but lenders still need documentation. Have a signed lease or a formal rent schedule from the appraisal ready before you apply.
Bank Statement loans also skip tax returns, but they require 12-24 months of personal deposits. DSCR skips personal income entirely — the property carries the loan.
Hard Money moves faster but costs more. DSCR rates run lower than hard money and terms stretch to 30 years. For a buy-and-hold Tiburon rental, DSCR wins.
Tiburon properties price at the high end of Marin County. That means larger loan amounts, which pushes most DSCR deals into jumbo non-QM territory.
Jumbo DSCR carries stricter guidelines — lenders often want 1.25 DSCR or higher and reserves of 6-12 months. Plan your purchase accordingly.
You can use market rent from the appraisal if the property is vacant. A signed lease helps, but it's not required to close.
Most lenders do both. Condos require warrantable project approval, which adds a step in Marin County HOA-heavy buildings.
Minimum is typically 620. At Tiburon price points, you'll want 700+ to access the best jumbo non-QM pricing.
Yes. Many DSCR lenders allow LLC vesting — it's one of the reasons investors prefer this program over conventional financing.
They use the appraiser's rent schedule or your executed lease. Lenders take the lower of the two figures to calculate DSCR.
Rarely. Most DSCR lenders require long-term rental income only. Short-term rental markets like Tiburon require specialized lenders.