Loading
Loading
Placerville sits in El Dorado County's foothills, drawing steady rental demand from Sacramento commuters and outdoor tourism.
That rental demand matters for DSCR loans. The property's income — not your tax returns — is what gets you approved.
1.0 (1.25+ preferred)
Min DSCR Ratio
620–680
Min Credit Score
20–25%
Down Payment
None
Income Docs Required
30-year fixed
Loan Term Available
DSCR Loans in Placerville
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by its mortgage payment.
Most lenders want a DSCR of 1.0 or higher. A ratio above 1.25 gets you better rates. Below 1.0 is still possible with some lenders, but expect stricter terms.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Placerville.
Placerville sits in El Dorado County's foothills, drawing steady rental demand from Sacramento commuters and outdoor tourism.
That rental demand matters for DSCR loans. The property's income — not your tax returns — is what gets you approved.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by its mortgage payment.
DSCR is a non-QM product. Most banks won't touch it. Wholesale lenders built specifically for investors are where these loans live.
SRK CAPITAL works with 200+ wholesale lenders. We find which ones have the best DSCR pricing for Placerville properties right now.
Placerville's Airbnb and vacation rental market complicates DSCR approvals. Not every lender accepts short-term rental income.
When they do, they often apply a market rent figure from an appraisal — not your actual Airbnb earnings. Know this before you commit to a purchase price.
Bank Statement loans also skip tax returns, but they require 12-24 months of personal bank statements. DSCR doesn't touch your personal finances at all.
Hard Money loans close fast but carry high rates and short terms. DSCR gives you a 30-year fixed option — hard money doesn't.
El Dorado County properties can include cabins, rural acreage, and hillside homes. Some lenders restrict DSCR on rural properties or non-warrantable lot sizes.
Check acreage limits and property type eligibility before making an offer. A rural Placerville cabin may require a lender with flexible property guidelines.
Some lenders accept short-term rental income. Many use appraised market rent instead, which may be lower than your actual earnings.
Most lenders require 1.0 or higher. A ratio of 1.25+ typically qualifies you for better pricing. Rates vary by borrower profile and market conditions.
No. DSCR loans qualify you on the property's rental income only. Your personal income documents are not required.
It depends on the lender. Some restrict rural acreage or non-standard property types. Verify property eligibility before making an offer.
Most DSCR lenders require a minimum of 620. A score of 700+ usually gets you better rates. Rates vary by borrower profile and market conditions.
Plan for 20-25% down. Some lenders allow less, but pricing improves significantly at higher down payment amounts.