Question 1

Can I use projected rent for DSCR loans in Antioch?

Accepted Answer

Yes, if the property is vacant or below market rent. An appraiser provides a market rent estimate. That number calculates your DSCR ratio for approval.

Question 2

Do DSCR loans allow cash-out refinancing?

Accepted Answer

Most programs cap cash-out at 75% LTV on investment properties. You can pull equity without income verification using the same DSCR qualification method.

Question 3

What DSCR ratio do I need to qualify?

Accepted Answer

Most lenders require 1.0 or higher, meaning rent covers the full mortgage payment. Some programs go down to 0.75 with larger down payments and higher rates.

Question 4

Can I buy a fixer-upper with a DSCR loan?

Accepted Answer

Standard DSCR loans require the property to be rent-ready at closing. You'd need a renovation DSCR product or conventional financing for heavy rehab projects.

Question 5

Do both loans work for multifamily properties in Antioch?

Accepted Answer

Conventional covers 2-4 units with higher down payments. DSCR handles 2-4 units the same as single-family, qualifying each property on its rental income separately.

Conventional vs DSCR Loans in Antioch: Which Mortgage Fits Your Investment Strategy?