Question 1

Can I use a DSCR loan to buy a rental in Susanville?

Accepted Answer

Yes. DSCR loans are designed for investment properties. The loan qualifies on the property's rental income, not your job.

Question 2

What DSCR ratio do I need to get approved?

Accepted Answer

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.

Question 3

Do lenders have restrictions on Lassen County properties?

Accepted Answer

Some do. Rural county overlays are real. We specifically shop lenders with no rural county restrictions for markets like Susanville.

Question 4

Can I close a DSCR loan in my LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. This is one advantage over conventional investment loans, which typically require personal title.

Question 5

How much do I need to put down in Susanville?

Accepted Answer

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.

DSCR Loans in Susanville — Qualify on Rent, Not Your W-2