Loading
Loading
Angels Camp sits in Calaveras County's foothills, where rental demand from regional workers and retirees supports steady investor interest. The county's median household income of $79,877 anchors affordability across the region.
Investor loans in this market require strong financials and clear cash-flow projections. Lenders focus on debt-service coverage ratio (DSCR) — the property's rental income must cover the loan payment plus taxes and insurance.
680
Minimum FICO
25%
Minimum Down Payment
0.75–0.85 minimum
DSCR Requirement
30–45 days
Typical Closing
$79,877
County Median Income
Investor Loans in Angels Camp
Investor loans typically require 680+ FICO and 25% down minimum, though 30% is more common. The property's rental income — not your personal income — drives qualification.
In Angels Camp, a typical rental property might generate $1,200 to $1,600 monthly. That income must support the loan payment, property taxes, insurance, and HOA fees if applicable.
Local decision guide
Use this guide to connect investor loans eligibility, lender expectations, and local market factors before comparing payment options in Angels Camp.
Angels Camp sits in Calaveras County's foothills, where rental demand from regional workers and retirees supports steady investor interest. The county's median household income of $79,877 anchors affordability across the region.
Investor loans in this market require strong financials and clear cash-flow projections. Lenders focus on debt-service coverage ratio (DSCR) — the property's rental income must cover the loan payment plus taxes and insurance.
Investor loans typically require 680+ FICO and 25% down minimum, though 30% is more common. The property's rental income — not your personal income — drives qualification.
California investor lending has tightened since 2023. Most lenders now require full DSCR qualification — the property's rental income must be documented and verified. Bank statements, lease agreements, and property appraisals are standard.
Broker-based investor loans often move faster than retail bank options because brokers shop multiple lenders. Portfolio lenders — banks that hold loans in-house — sometimes offer more flexible DSCR overlays.
Investor loans make sense in Angels Camp when the rental income is solid and documented. A property generating $1,400 monthly rent on a $300,000 purchase pencils out cleanly.
Where investor loans struggle: properties with seasonal or uncertain rental income, or homes in areas with limited tenant pools. Angels Camp's small population means tenant turnover can spike vacancy.
Investor loans differ sharply from owner-occupied mortgages. Owner-occupied loans use your personal income and credit to qualify. Investor loans ignore your W-2 income entirely — only the property's rent matters.
The tradeoff: investor loans carry higher rates and require larger down payments. Owner-occupied conventional loans at 20% down have no PMI and lower rates. If you're buying to live in the property, owner-occupied is cheaper.
Feeney Park's 18-hole disc golf course and youth sports fields draw renters seeking outdoor recreation. That activity supports stable tenant demand in Angels Camp.
Infrastructure work in Calaveras County — including the Canyon Tunnel Project — signals long-term regional investment. That supports property values and rental demand. Investors should monitor local development timelines when projecting future rent growth.
Most lenders require 680 FICO minimum. Scores above 700 improve rate and terms. Your personal credit matters less than the property's cash flow — DSCR is the real qualifier.
Yes. If you own the property free and clear, lenders will use its rental income toward DSCR. If you have a mortgage on it, the lender subtracts that payment from the rental income first.
Minimum 25% down is typical. Many lenders prefer 30% to improve DSCR and lower rate. Higher down payment means lower loan amount and stronger cash-flow coverage.
Standard DSCR loans require rent to cover at least 75% of the payment. No-ratio financing is available when rent falls short, but rates are higher and down payments larger.
Broker-based investor loans typically close in 30 to 45 days. Retail banks may take longer. Full DSCR verification and appraisal are required, so plan accordingly.