Question 1

Can I use a DSCR loan for a primary residence in Maricopa?

Accepted Answer

No. DSCR loans are investment property only. For a primary home, you need a conventional or government-backed loan.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR programs start at 660–680. Higher scores get better rates. Conventional loans allow as low as 620.

Question 3

Do DSCR loans require tax returns?

Accepted Answer

No personal tax returns required. Lenders use a rent schedule or signed lease to verify property income instead.

Question 4

Which loan has a lower interest rate?

Accepted Answer

Conventional loans typically carry lower rates. DSCR is a non-QM product — the no-income-doc flexibility costs more. Rates vary by borrower profile and market conditions.

Question 5

Can I hold multiple DSCR loans at once?

Accepted Answer

Yes. DSCR lenders don't cap financed properties the way Fannie Mae does. That makes DSCR practical for scaling a rental portfolio.

Question 6

What if my Maricopa rental barely breaks even?

Accepted Answer

A DSCR below 1.0 is a problem for most lenders. Some programs allow 0.75 DSCR with a larger down payment — ask us what's available.

Conventional vs DSCR Loans in Maricopa, CA