Question 1

Do I need to show tax returns for a DSCR loan in Emeryville?

Accepted Answer

No. DSCR loans qualify based on the property's rental income, not your personal taxes. It's built for investors who write off income aggressively.

Question 2

What credit score do I need for an investor loan?

Accepted Answer

Most programs start at 620. Better pricing kicks in at 680 and above. Rates vary by borrower profile and market conditions.

Question 3

Can I use a DSCR loan on a condo in Emeryville?

Accepted Answer

Yes, but the condo project must be warrantable or the lender must allow non-warrantable condos. We have lenders that handle both.

Question 4

How fast can an investor loan close in Emeryville?

Accepted Answer

DSCR loans typically close in 21-30 days. Hard money can close in 7-14 days when speed is critical.

Question 5

What's the minimum down payment for an investment property?

Accepted Answer

Most investor loan programs require 20-25% down. Some DSCR products allow 15% down with stronger credit and cash flow.

Question 6

Is Emeryville a good market for a DSCR loan?

Accepted Answer

Generally yes. Emeryville rents are strong relative to purchase prices. Most stabilized rentals hit the 1.0x DSCR threshold lenders require.

Investor Loans in Emeryville, CA