Question 1

Can I use projected rent for DSCR qualification in Corcoran?

Accepted Answer

Yes, if the property is vacant or below market rent. The appraisal includes a rental analysis showing market rent, which lenders use for DSCR calculation.

Question 2

Do Corcoran investment properties need higher down payments than owner-occupied homes?

Accepted Answer

Yes, investors put down 20-25% minimum. Owner-occupied conventional loans start at 3% down. Investment property financing always requires more equity upfront.

Question 3

How do lenders count cryptocurrency for investor loan qualification?

Accepted Answer

Select non-QM lenders verify crypto holdings through exchange statements. They count verified balances as reserves or income depending on the program structure.

Question 4

What rental income do Corcoran single-family homes generate?

Accepted Answer

Three-bedroom homes typically rent for $1,100-$1,500 monthly. Actual rent varies by condition, location, and water access. Appraisers provide market rent analysis during underwriting.

Question 5

Should I use hard money or DSCR for a Corcoran fixer property?

Accepted Answer

Use hard money if repairs exceed $15,000 or affect habitability. Refinance into DSCR after stabilizing the property and establishing rental income history.

Investor Loans in Corcoran: Financing for Central Valley Rental Properties