Question 1

Can I use Airbnb income to qualify for a DSCR loan in Trinidad?

Accepted Answer

Some lenders accept short-term rental income history. Others use only market rent from an appraisal. Ask before you apply.

Question 2

Does Trinidad's rural location affect DSCR loan eligibility?

Accepted Answer

Some non-QM lenders restrict rural properties. We work with lenders that actively finance Humboldt County investment properties.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders require a 620 minimum. Better scores get better rates. Rates vary by borrower profile and market conditions.

Question 4

Can I close a DSCR loan in an LLC?

Accepted Answer

Yes. Most DSCR programs allow LLC vesting. It's one reason investors prefer this program for rental properties.

Question 5

How much do I need to put down on a Trinidad rental property?

Accepted Answer

Plan for 20-25% down on most DSCR loans. Some lenders go higher depending on the property type or DSCR ratio.

Question 6

How is DSCR calculated on a vacation rental?

Accepted Answer

Lenders divide gross rental income by the total monthly debt payment. A ratio of 1.0 means rent exactly covers the mortgage.

DSCR Loans in Trinidad, CA — Qualify on Rental Income