Question 1

What credit score do I need for investor loans in Huron?

Accepted Answer

Most lenders require 640 minimum credit. Some portfolio lenders approve at 620 for strong rental properties with higher down payments of 30% or more.

Question 2

Can I use projected rent for DSCR qualification?

Accepted Answer

Yes, but lenders require market rent analyses from licensed appraisers. They discount projected rents by 25% in Huron due to seasonal employment patterns affecting tenant stability.

Question 3

How much down payment do rental properties require?

Accepted Answer

Expect 20-25% down for stabilized rentals. Fix-and-flip hard money loans may require 25-35% depending on property condition and your renovation experience.

Question 4

Do Huron investment properties qualify for conventional loans?

Accepted Answer

Rarely. Most conventional lenders avoid smaller Central Valley towns. Non-QM investor loans through specialized portfolio lenders offer better approval odds here.

Question 5

What rental income do I need to qualify?

Accepted Answer

Rent must cover mortgage payments by 1.2 times minimum. A $1,200 monthly payment requires $1,440 in monthly rent to meet DSCR requirements most Huron lenders enforce.

Question 6

Can I finance multiple Huron properties simultaneously?

Accepted Answer

Yes. Portfolio lenders allow 5-10 financed investment properties. Each deal underwrites separately based on individual property cash flow, not your total portfolio leverage.

Investor Loans in Huron: Financing Options for Fresno County Rental Property Investors