Question 1

Can I use projected rent to qualify for a DSCR loan in Oakland?

Accepted Answer

Some lenders accept an appraiser's rent schedule for new purchases. Others require a signed lease. We match you to the lender whose rules fit your situation.

Question 2

Does Oakland's rent control hurt my chances of DSCR approval?

Accepted Answer

It can. Lenders may underwrite rent-controlled units at current rent, not market rent. That lowers your DSCR ratio and affects how much you can borrow.

Question 3

What credit score do I need for a DSCR loan in Alameda County?

Accepted Answer

Most non-QM lenders start at 620. Higher scores get better pricing. Rates vary by borrower profile and market conditions.

Question 4

Can I close a DSCR loan in my LLC?

Accepted Answer

Yes. Most DSCR lenders allow vesting in an LLC or other entity. It's one of the reasons investors prefer this product for portfolio building.

Question 5

How long does a DSCR loan take to close in Oakland?

Accepted Answer

Typically 21–30 days with a clean file. No tax returns or employment verification speeds things up considerably compared to conventional financing.

DSCR Loans in Oakland: Qualify on Rental Income, Not Your W-2