Question 1

Can I use a DSCR loan to buy a vacation rental in Trinidad?

Accepted Answer

Yes. DSCR lenders accept short-term rental income projections in many cases. Ask about the lender's policy on vacation rental properties specifically.

Question 2

What credit score do I need for each loan?

Accepted Answer

Conventional loans typically require 620+. DSCR lenders usually want 660 or higher, and better scores get better pricing on both.

Question 3

Do DSCR loans require more money down?

Accepted Answer

Yes. Most DSCR lenders require 20–25% down. Conventional loans allow as little as 5% down on a primary residence.

Question 4

Can I hold a DSCR loan in my LLC?

Accepted Answer

Yes. DSCR loans are one of the few products that allow LLC vesting. Conventional loans require title in an individual's name.

Question 5

Which loan has lower rates in Trinidad right now?

Accepted Answer

Conventional rates run lower. As of March 2026, DSCR loans carry a rate premium over standard 30-year fixed products. Rates vary by borrower profile and market conditions.

Question 6

Does my debt-to-income ratio matter for a DSCR loan?

Accepted Answer

No. DSCR lenders don't calculate your personal DTI. The property's rent-to-mortgage ratio is all that determines income qualification.

Conventional vs DSCR Loans in Trinidad, CA