Question 1

What DSCR ratio do I need to qualify in Arcata?

Accepted Answer

Most lenders want 1.1 or higher. Some allow 1.0 with a stronger credit profile and larger down payment.

Question 2

Can I use projected rent to qualify?

Accepted Answer

Yes. Lenders use appraiser-estimated market rent, not just your current lease. This helps on vacant or underrented properties.

Question 3

Do DSCR lenders care about my job or income?

Accepted Answer

No. The property's rent covers qualification. Your W-2 or tax returns stay in the drawer.

Question 4

Are DSCR rates higher than conventional?

Accepted Answer

Yes, typically. Non-QM pricing carries a premium. Rates vary by borrower profile and market conditions.

Question 5

Does Humboldt County's rural location affect DSCR approval?

Accepted Answer

It can. Fewer comparable sales make appraisals harder. Some lenders apply overlays for smaller or rural markets.

Question 6

How many DSCR properties can I own at once?

Accepted Answer

Many DSCR lenders don't cap portfolio size the way conventional lenders do. That's a key advantage for scaling.

DSCR Loans in Arcata, CA — Qualify on Rental Income