Question 1

What DSCR ratio do I need to qualify in Crescent City?

Accepted Answer

Most lenders require a 1.0 DSCR minimum. Some go to 0.75 with a larger down payment.

Question 2

Can I use short-term rental income for DSCR in Del Norte County?

Accepted Answer

Yes, with select lenders. Not all non-QM lenders accept STR income — we know which ones do.

Question 3

Do DSCR lenders lend in rural California counties?

Accepted Answer

Some don't. We specifically work with wholesale lenders that are active in Del Norte and other rural CA counties.

Question 4

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

Accepted Answer

Standard is 20-25% down. A lower DSCR ratio may require more down to get approved.

Question 5

Will my personal income affect my DSCR loan approval?

Accepted Answer

No. DSCR qualification is based entirely on the rental property's income. Personal income docs are not required.

Question 6

How is DSCR calculated on a Crescent City rental property?

Accepted Answer

Divide monthly gross rent by the full monthly mortgage payment. A ratio at or above 1.0 means the rent covers the debt.

DSCR Loans in Crescent City, CA