Question 1

What DSCR ratio do I need to qualify in Hanford?

Accepted Answer

Most lenders require a 1.0 minimum — rent must equal or exceed the mortgage payment. Some lenders go below 1.0 with a higher down payment.

Question 2

Can I use projected rent on a vacant property?

Accepted Answer

Yes. A market rent appraisal (Form 1007) covers vacant units. The appraiser estimates fair market rent and lenders use that figure.

Question 3

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. That's the point of DSCR. The property's income qualifies the loan — your personal returns stay out of the file.

Question 4

Does short-term rental income count for DSCR in Hanford?

Accepted Answer

Some lenders accept Airbnb or VRBO income using 12 months of platform statements. Lender overlays vary significantly on this.

Question 5

What's the minimum down payment for a DSCR loan?

Accepted Answer

Expect 20–25% down on most DSCR programs. Lower down payments exist but usually come with rate adjustments.

Question 6

Can I close a DSCR loan in an LLC?

Accepted Answer

Yes, and most serious investors do. Many DSCR lenders are built specifically for LLC vesting — confirm with us before structuring.

DSCR Loans in Hanford, CA — Qualify on Rental Income, Not Your W-2