Question 1

Can I qualify without showing tax returns?

Accepted Answer

Yes. DSCR loans qualify based on rental income, not personal tax returns. The property's cash flow is what lenders underwrite.

Question 2

How fast can I close on a Calexico investment property?

Accepted Answer

Hard money loans can close in 7-14 days. DSCR loans typically take 3-4 weeks depending on the lender.

Question 3

What down payment do I need for a rental in Calexico?

Accepted Answer

Most investor loan programs require 20-25% down. Some hard money lenders go higher, especially on fix-and-flip projects.

Question 4

Do DSCR lenders work in Imperial County?

Accepted Answer

Yes. Several wholesale lenders we access are active in Imperial County. Rural and border markets are not off-limits.

Question 5

What credit score do investor lenders look for?

Accepted Answer

Most programs start at 620. Better rates appear at 680 and above. Rates vary by borrower profile and market conditions.

Question 6

Can I finance a fix-and-flip in Calexico?

Accepted Answer

Yes. Bridge loans and hard money programs are designed for exactly that. The exit strategy and ARV drive approval.

Investor Loans in Calexico, CA — Border Market Financing