Question 1

Can I use a DSCR loan to buy a primary home in Emeryville?

Accepted Answer

No. DSCR is investment property only. For a primary residence, you need conventional or another owner-occupant program.

Question 2

Do DSCR loans require a minimum credit score?

Accepted Answer

Most DSCR lenders want at least a 620-640 score. Some go lower, but rates get worse fast below that threshold.

Question 3

Which loan has the lower interest rate?

Accepted Answer

Conventional almost always wins on rate. DSCR lenders price in the risk of skipping income verification. Rates vary by borrower profile and market conditions.

Question 4

Can an LLC take out a DSCR loan?

Accepted Answer

Yes. Many DSCR lenders allow LLC vesting. That's a key advantage for investors building a rental portfolio.

Question 5

What DSCR ratio do lenders want in Alameda County?

Accepted Answer

Most lenders require 1.0 to 1.25. That means the rent must cover the full mortgage payment, at minimum.

Question 6

Is a DSCR loan harder to get than a conventional loan?

Accepted Answer

Not harder — just different. DSCR skips income docs but scrutinizes the property's rent potential more closely.

Conventional vs DSCR Loans in Emeryville, CA