Question 1

Can I use rental income to qualify in Westmorland?

Accepted Answer

Yes — DSCR loans qualify you on the property's rent, not your personal income. That's the standard structure for investor loans in this market.

Question 2

What credit score do investor loans require?

Accepted Answer

Most non-QM investor programs start at 620. Better pricing kicks in around 680 and above. Rates vary by borrower profile and market conditions.

Question 3

How much down do I need for a rental in Westmorland?

Accepted Answer

Plan for 20–25% down minimum. Some programs allow 15% with strong DSCR, but that's the exception, not the rule.

Question 4

Will lenders finance investment property in rural Imperial County?

Accepted Answer

Some won't. Wholesale lenders are more flexible than retail banks here. Having a broker shop the full market is essential in small-town deals.

Question 5

What's the fastest way to close a fix-and-flip here?

Accepted Answer

Hard money or bridge financing. Both are asset-based and can close in days, not weeks. Conventional programs are too slow for flip timelines.

Question 6

Is a DSCR loan the same as a hard money loan?

Accepted Answer

No. DSCR is a long-term rental loan with 30-year terms. Hard money is short-term, higher cost, and built for projects or quick flips.

Investor Loans in Westmorland, CA — Built for Real Deals