Question 1

Can I use a DSCR loan to buy in Susanville as an out-of-state investor?

Accepted Answer

Yes. DSCR lenders don't care where you live — they care about the rent. Susanville rentals with solid cash flow can qualify.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want a 680 minimum. Some go to 660, but pricing gets worse below 700.

Question 3

Does a conventional loan work for a duplex in Lassen County?

Accepted Answer

Yes, if you occupy one unit. Owner-occupied duplexes can use conventional financing with as little as 5% down.

Question 4

Can I hold a DSCR loan in an LLC?

Accepted Answer

Yes. That's actually one of DSCR's biggest advantages. Conventional loans require individual borrower ownership.

Question 5

Which loan has lower closing costs?

Accepted Answer

Conventional loans generally have lower fees. DSCR lenders add origination points and risk-based pricing that raises upfront costs.

Question 6

What down payment does a DSCR loan require in California?

Accepted Answer

Most DSCR lenders require 20–25% down. Some go to 15% with stronger credit and DSCR ratios.

Conventional vs DSCR Loans in Susanville, CA