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California City sits in Kern County's high desert — wide-open land, low entry prices, and rental demand from nearby employers.
Investors drawn here typically want cashflow, not appreciation. That profile fits investor loan programs well.
660+
Min Credit Score
20-25%
Min Down Payment
6 Months
Reserves Required
Property-Based
Income Verification
Investor Loans in California City
Investor loans are non-QM. Lenders skip your W-2 and tax returns. They qualify you on the property's income instead.
Most lenders want a 660+ credit score and 20-25% down. Reserves matter too — expect to show 6 months of mortgage payments.
Local decision guide
Use this guide to connect investor loans eligibility, lender expectations, and local market factors before comparing payment options in California City.
California City sits in Kern County's high desert — wide-open land, low entry prices, and rental demand from nearby employers.
Investors drawn here typically want cashflow, not appreciation. That profile fits investor loan programs well.
Investor loans are non-QM. Lenders skip your W-2 and tax returns. They qualify you on the property's income instead.
Retail banks rarely do DSCR or investor-specific non-QM loans. You need wholesale lenders who build products for landlords.
We work with 200+ wholesale lenders. Several specialize in Kern County investment properties — including smaller multi-unit deals.
California City has unusual land dynamics. Lots of vacant parcels sit next to rentable housing stock. Know what you're buying.
DSCR loans work here when rent covers 1.0x the mortgage. If the numbers don't pencil at 1.0, some lenders allow 0.75x DSCR with stronger down payments.
Hard money closes faster but costs more — rates run significantly higher than DSCR loans. Use it for flips, not long-term holds.
Bridge loans fill the gap when you're buying before selling another property. DSCR is your best long-term hold option if the rent works.
California City is one of the largest cities by land area in California. That doesn't mean dense rental demand — location within the city matters.
Stick to areas near schools and established streets. Properties on the urban fringe may struggle to attract tenants and appraise cleanly.
Yes. DSCR loans qualify you based on the property's rent, not your personal income. The rent must typically cover the full mortgage payment.
No. You can close in your personal name or an LLC. Some lenders price LLC loans slightly higher, but both options are available.
Most lenders want 660 or above. Higher scores get better rates. Rates vary by borrower profile and market conditions.
Yes. Hard money and bridge loans are built for that. They close fast and fund renovation costs — DSCR is not the right tool for flips.
Non-QM investor lenders often allow 10 or more financed properties. Conventional loans cap out at 10, and guidelines get strict past four.
Expect 20-25% minimum. Some lenders require more on 2-4 unit properties or if the DSCR ratio falls below 1.0.