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Antioch sits in eastern Contra Costa County, where rents have held firm and single-family rentals move fast.
Investors here don't need to show W-2s or tax returns. The property's cash flow is what gets you approved.
620+
Min Credit Score
0.75 – 1.0
Min DSCR Ratio
20 – 25%
Down Payment
21 – 30 Days
Est. Close Time
Non-QM / 30-Year
Loan Type
DSCR stands for Debt Service Coverage Ratio. Lenders divide monthly rent by monthly mortgage payment.
Most lenders want a DSCR of 1.0 or higher. That means rent covers the full mortgage. Some go down to 0.75 with a higher rate.
DSCR is a non-QM product. Most banks don't offer it. You need a broker with access to wholesale non-QM lenders.
Pricing varies widely across lenders. One lender might add a full point in rate over another for the same deal.
The biggest mistake I see: investors use projected rent instead of actual lease income. Lenders want a signed lease or market rent appraisal.
Short-term rentals are tricky. Some lenders accept Airbnb income, but they discount it. Know your exit strategy before picking a lender.
Hard money loans close faster but cost more. DSCR rates are higher than conventional, but terms are 30 years — not 12 months.
Bank statement loans work for self-employed owners. DSCR is cleaner when the property income stands on its own.
Antioch has a strong pool of renters priced out of Walnut Creek and Concord. That helps DSCR ratios pencil out.
Multi-unit properties and SFR rentals both qualify. Know your numbers before you make an offer.
Most lenders start at 620. Better rates kick in at 700+. Your score affects both rate and max LTV.
Yes. Most DSCR lenders allow LLC vesting. This is one reason investors prefer DSCR over conventional.
Expect 20-25% down on a purchase. Cash-out refinances typically cap at 70-75% LTV.
No. Vacant properties can qualify using a market rent appraisal. A signed lease helps, but isn't always required.
Some lenders allow it, but they often discount projected STR income. Expect stricter terms than a long-term rental.
Most close in 21-30 days. It's slower than hard money but faster than a full conventional file.
DSCR Loans in Antioch