Question 1

What DSCR ratio do I need to qualify in Ione?

Accepted Answer

Most lenders want a 1.0 DSCR or higher. Some allow below 1.0 with stronger credit and a larger down payment.

Question 2

Can I use a DSCR loan to buy in an LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. It's one of the main reasons investors prefer this product.

Question 3

Will a rural property in Ione affect my DSCR approval?

Accepted Answer

Some lenders have rural property restrictions. We screen lenders for rural eligibility before submitting your file.

Question 4

Can I use projected rent instead of actual rent?

Accepted Answer

Yes. Most DSCR lenders accept a rent schedule from a licensed appraiser. The property doesn't need to be occupied.

Question 5

What credit score do DSCR lenders require?

Accepted Answer

Most require 620 minimum. Better rates kick in around 700+. Your score also affects the required down payment.

Question 6

Does short-term rental income count for DSCR in Amador County?

Accepted Answer

Some lenders allow Airbnb-style income using market data tools. Not all do — this varies significantly by lender.

DSCR Loans in Ione, CA — Qualify on Rental Income, Not Your W-2