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DSCR Loans in Beverly Hills
Beverly Hills rental properties command premium rents that often justify million-dollar purchases. DSCR loans let you qualify based on that rental income alone.
Investors here typically need 1.0x–1.25x DSCR ratios. A $15,000 monthly rent covering a $12,000 PITI payment creates a 1.25x ratio that most lenders approve.
Most lenders require 20–25% down for Beverly Hills DSCR deals. Credit scores start at 660, though 700+ unlocks better rates.
The property's projected rent must cover the mortgage payment plus taxes, insurance, and HOA fees. Lenders use market rent appraisals, not your personal income docs.
DSCR lenders vary wildly on Beverly Hills properties. Some cap at $2M, others go to $3.5M+. Rate spreads between lenders hit 1–2% on identical deals.
Non-QM lenders underwrite these loans. Portfolio lenders often approve tighter ratios (0.9x–1.0x) that agency investors reject. Rate shopping saves real money here.
Beverly Hills condos in full-service buildings create DSCR complications. High HOA fees eat into cash flow ratios. Factor $1,500–$3,000 monthly HOA into your DSCR calculation.
Appraisers lowball rent estimates in ultra-luxury buildings. Order the appraisal with comparable rent data from your property manager. That documentation prevents DSCR ratio failures.
Bank statement loans require two years of deposits but allow lower down payments. DSCR loans skip all personal income docs but demand more cash upfront.
Hard money works for fix-and-flip timelines under 12 months. DSCR loans fit buy-and-hold investors planning multi-year ownership with rental income.
Beverly Hills rental regulations limit some property types. Single-family zoning restrictions affect your rental strategy. Verify zoning allows long-term rentals before applying.
Rent control doesn't apply to most Beverly Hills properties, but tenant protections do. Strong rental demand supports DSCR ratios even with longer vacancy periods factored in.
Most lenders require 1.0x minimum, preferring 1.25x. A property generating $15,000 rent with $12,000 total monthly payment hits 1.25x DSCR.
Yes. Lenders order appraisals with market rent analysis. That projected rent amount determines your DSCR ratio, not actual current income.
Yes, but high HOA fees reduce your DSCR ratio. A $2,000 monthly HOA gets added to your mortgage payment when calculating debt service coverage.
Expect 20–25% down minimum. Some lenders go to 15% with strong credit and higher rates, but 25% down unlocks best pricing.
Yes. DSCR loans qualify on property income only. Foreign nationals and investors with complex returns use these loans specifically to avoid income documentation.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.