Question 1

Can I use Airbnb income for a DSCR loan in Placerville?

Accepted Answer

Some lenders accept short-term rental income. Many use appraised market rent instead, which may be lower than your actual earnings.

Question 2

What DSCR ratio do I need to get approved?

Accepted Answer

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.

Question 3

Do DSCR loans require a tax return or W-2?

Accepted Answer

No. DSCR loans qualify you on the property's rental income only. Your personal income documents are not required.

Question 4

Can I buy a cabin or rural property with a DSCR loan?

Accepted Answer

It depends on the lender. Some restrict rural acreage or non-standard property types. Verify property eligibility before making an offer.

Question 5

What credit score do I need for a DSCR loan?

Accepted Answer

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.

Question 6

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

Accepted Answer

Plan for 20-25% down. Some lenders allow less, but pricing improves significantly at higher down payment amounts.

DSCR Loans in Placerville, CA — Qualify on Rental Income