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Ridgecrest sits in the Mojave Desert with a stable rental base tied to Naval Air Weapons Station China Lake.
Military and civilian contractor demand keeps vacancy rates manageable. That makes this a real cash-flow market, not a speculation play.
620+
Min Credit Score
20–25%
Down Payment
1.0x
DSCR Min Ratio
Non-QM / DSCR
Loan Type
7–14 days typical
Hard Money Close
Investor Loans in Ridgecrest
Investor loans here are mostly non-QM. That means lenders skip your tax returns and look at the deal itself.
DSCR loans — debt service coverage ratio loans — qualify you based on rent income vs. the mortgage payment. Most lenders want a 1.0 or higher ratio.
Local decision guide
Use this guide to connect investor loans eligibility, lender expectations, and local market factors before comparing payment options in Ridgecrest.
Ridgecrest sits in the Mojave Desert with a stable rental base tied to Naval Air Weapons Station China Lake.
Military and civilian contractor demand keeps vacancy rates manageable. That makes this a real cash-flow market, not a speculation play.
Investor loans here are mostly non-QM. That means lenders skip your tax returns and look at the deal itself.
Big retail banks rarely touch Ridgecrest investor deals. The city's size and desert location put them off.
Wholesale lenders are a different story. SRK CAPITAL works with 200+ of them — several specialize specifically in Kern County non-QM deals.
Fix-and-flip in Ridgecrest is viable, but your exit strategy matters. ARV — after-repair value — has a ceiling in this market.
Buy-and-hold is the stronger play. Rents are consistent, and acquisition costs are a fraction of LA or San Diego.
DSCR loans are the go-to for most Ridgecrest rentals. Hard money works for fast flips but carries higher rates. Rates vary by borrower profile and market conditions.
Bridge loans fill gaps between purchases. If you're scaling a portfolio, they let you move fast without selling existing assets.
China Lake Naval base is the economic anchor here. When the base is active and staffed, rentals fill. That's the key local variable to watch.
Kern County property taxes are moderate. That helps your DSCR math work in your favor compared to higher-tax coastal counties.
Yes — DSCR loans qualify you on the property's rent income. The monthly rent needs to cover the mortgage payment, typically at a 1.0 ratio or better.
No. Out-of-state investors close deals here regularly. Non-QM lenders focus on the property and your financials, not your home state.
Most non-QM lenders want 620 or higher. A stronger score gets you better pricing. Rates vary by borrower profile and market conditions.
Plan for 20-25% down on most investor loan programs. Some hard money lenders may structure deals differently based on the asset.
It can be, but ARV ceilings are real here. Know your exit number before you start — this market rewards disciplined underwriting.
DSCR loans fit buy-and-hold rentals well. Hard money or bridge loans work for flips or quick acquisitions where speed matters.