Question 1

What credit score do I need for a DSCR loan in San Leandro?

Accepted Answer

Most lenders require 620-680 minimum. A higher score gets you better pricing.

Question 2

Can I use projected rent to qualify on a vacant property?

Accepted Answer

Yes. Lenders use the appraiser's rent schedule from the appraisal report. Market comparable rents determine your qualifying ratio.

Question 3

Do DSCR loans work for duplexes and fourplexes?

Accepted Answer

Yes, and they often pencil better. Combined rent on multi-unit properties usually produces stronger DSCR ratios than single-family homes.

Question 4

How much do I need to put down on a DSCR loan?

Accepted Answer

Typically 20-25%. Some lenders allow less with higher rates or mortgage insurance.

Question 5

Can I close a DSCR loan in an LLC?

Accepted Answer

Yes. Many DSCR lenders allow LLC vesting. This is a common structure for investors protecting personal assets.

Question 6

What is a good DSCR ratio for San Leandro rentals?

Accepted Answer

1.0 or higher is the standard threshold. Ratios above 1.2 give you the strongest rate options.

DSCR Loans in San Leandro — Qualify on Rent, Not Your W-2