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Susanville is a small, high-desert market in Lassen County. Investors here are buying for cash flow, not appreciation.
Rents relative to purchase prices in rural NorCal markets like this often produce strong DSCR ratios. That works in your favor.
620 – 680
Min Credit Score
1.0x
Min DSCR Ratio
20 – 25%
Down Payment
None
Income Docs Required
30-Year Fixed
Loan Term Available
DSCR Loans in Susanville
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by the monthly mortgage payment.
Most lenders want a DSCR of 1.0 or higher. A 1.25 ratio gets you better rates. Below 1.0, your options narrow fast.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Susanville.
Susanville is a small, high-desert market in Lassen County. Investors here are buying for cash flow, not appreciation.
Rents relative to purchase prices in rural NorCal markets like this often produce strong DSCR ratios. That works in your favor.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by the monthly mortgage payment.
Most retail banks won't touch DSCR loans in rural markets like Susanville. This is a wholesale lender product.
At SRK CAPITAL, we work with 200+ wholesale lenders. Several specialize in non-QM investor loans in smaller California markets.
One thing investors miss: lenders use a lease or market rent appraisal to calculate DSCR. Actual tenant rent may differ.
In Susanville, properties near the correctional facilities have historically shown stable rental demand. That matters for appraisal rent estimates.
A conventional investment loan requires two years of tax returns and caps you at 10 financed properties. DSCR has neither restriction.
Hard money moves faster but costs more. DSCR gives you a 30-year fixed — real hold-and-rent financing, not a short-term bridge.
Lassen County is a rural, low-density market. Some lenders flag counties like this as restricted zones. We know which lenders don't.
Property type matters here. Single-family rentals are easiest to finance. Multi-unit and rural land can trigger overlays from certain lenders.
Yes. DSCR loans are designed for investment properties. The loan qualifies on the property's rental income, not your job.
Most lenders require 1.0 minimum. A ratio of 1.25 or higher typically earns better pricing. Rates vary by borrower profile and market conditions.
Some do. Rural county overlays are real. We specifically shop lenders with no rural county restrictions for markets like Susanville.
Yes. Most DSCR lenders allow LLC vesting. This is one advantage over conventional investment loans, which typically require personal title.
Expect 20-25% down for a standard DSCR loan. Some lenders go to 15% down with a higher rate. Rates vary by borrower profile and market conditions.