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Lemoore sits in Kings County, anchored by Naval Air Station Lemoore. That base drives consistent rental demand — a real advantage for investors running DSCR loans.
Military tenant turnover creates steady cash flow cycles. DSCR lenders care about that income, not your W-2.
1.0 – 1.25x
Min DSCR Ratio
620+
Min Credit Score
20–25%
Down Payment
30-Year Fixed
Loan Term
6–12 Months
Reserves Required
DSCR Loans in Lemoore
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by its mortgage payment. A ratio of 1.0 means rent covers the debt. Most lenders want 1.1 or higher.
You don't submit pay stubs or tax returns. The property's rent — verified by a lease or appraiser's rent schedule — does the qualifying work.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Lemoore.
Lemoore sits in Kings County, anchored by Naval Air Station Lemoore. That base drives consistent rental demand — a real advantage for investors running DSCR loans.
Military tenant turnover creates steady cash flow cycles. DSCR lenders care about that income, not your W-2.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by its mortgage payment. A ratio of 1.0 means rent covers the debt. Most lenders want 1.1 or higher.
Most retail banks don't offer DSCR loans. This is a non-QM product — meaning it lives in the wholesale and private lending space.
At SRK CAPITAL, we shop DSCR programs across 200+ wholesale lenders. Terms, reserve requirements, and prepayment penalties vary sharply between them.
Lemoore properties near the base tend to rent fast. That's useful — some DSCR lenders will accept a signed lease in lieu of rental history.
One issue I see often: investors underestimate reserves. Many DSCR lenders require 6–12 months of payments in the bank after closing. Plan for that before you submit.
Bank statement loans are another non-QM option. They qualify you on business deposits — useful if the property's rent alone doesn't hit the DSCR threshold.
Hard money moves faster but costs more. DSCR loans typically offer 30-year terms and real amortization. For a buy-and-hold rental, DSCR almost always wins on long-term cost.
Kings County prices are lower than most of California. That entry point helps DSCR ratios — lower purchase price means a smaller mortgage payment relative to rent.
NAS Lemoore's presence means demand for single-family rentals stays active. Investors in military markets often see lower vacancy rates than inland markets without a base.
Most lenders want a DSCR of 1.1 or higher. Some allow 1.0 with a stronger credit profile or larger down payment.
Yes. Most DSCR lenders allow LLC vesting. This is one of the main reasons investors prefer DSCR over conventional investor loans.
Not always. Lenders may use an appraiser's market rent estimate if the property is vacant. A signed lease is stronger.
Some lenders accept short-term rental income using platforms like Airbnb. Underwriting is stricter — lenders typically want 12 months of rental history.
Most programs require 20–25% down. Some lenders allow 15% down with stronger ratios and credit scores.
Yes. DSCR is a non-QM product and rates run higher than conventional. Rates vary by borrower profile and market conditions.