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Westmorland sits in Imperial County — one of California's most affordable rental markets. Low entry prices mean cash flow is realistic here, not just theoretical.
DSCR loans qualify you on rental income, not your W-2. That makes them a strong fit for investors targeting this valley.
620–660
Min Credit Score
1.0–1.1x
Min DSCR Ratio
20–25%
Down Payment
None Required
Income Docs
Up to 30-Year Fixed
Loan Term
DSCR Loans in Westmorland
Lenders calculate your DSCR by dividing the property's monthly rent by its monthly debt payment. A ratio of 1.0 means rent covers the mortgage exactly.
Most lenders want a DSCR of 1.1 or higher. Scores below 1.0 are possible with some lenders — but expect a higher rate.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Westmorland.
Westmorland sits in Imperial County — one of California's most affordable rental markets. Low entry prices mean cash flow is realistic here, not just theoretical.
DSCR loans qualify you on rental income, not your W-2. That makes them a strong fit for investors targeting this valley.
Lenders calculate your DSCR by dividing the property's monthly rent by its monthly debt payment. A ratio of 1.0 means rent covers the mortgage exactly.
DSCR is a non-QM loan. Retail banks rarely offer it. You need a broker with access to wholesale non-QM lenders.
We work with 200+ wholesale lenders, including several with competitive DSCR programs for rural California markets like Westmorland.
The biggest DSCR mistake investors make: they run numbers on optimistic rent estimates. Use actual leases or conservative market rents.
In Imperial County, single-family rentals often cash flow where condos don't. Property type matters more than most investors realize.
Hard money is faster but far more expensive. DSCR gives you a 30-year fixed option — hard money won't.
Bank statement loans verify your personal income from business deposits. DSCR skips personal income entirely. Different tools for different investors.
Westmorland is a small agricultural community. Rental demand is steady but tied to seasonal labor and local industry.
Lenders will scrutinize the appraisal closely in smaller markets. A strong comparable rent schedule strengthens your file.
Most lenders require a 1.1 DSCR or higher. Some allow below 1.0, but rates climb and options shrink fast.
No. DSCR loans qualify based on the property's rent, not your personal income. Tax returns are not required.
Yes. Lenders use a market rent appraisal. The appraiser estimates what the property should rent for.
Most lenders start at 620-660. A higher score gets you better pricing and more lender options.
Yes, though lender appetite for small-market multi-unit varies. We shop across 200+ lenders to find the right fit.