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Investor Loans in Inglewood
Inglewood sits near LAX with expanding rental demand from entertainment and tech workers. The proximity to SoFi Stadium and Intuit Dome has reshaped the investment landscape.
Investor loans here work differently than owner-occupied mortgages. Lenders evaluate the property's income potential, not just your W-2 earnings.
Most investors targeting Inglewood use DSCR loans or hard money for speed. Traditional financing rarely fits the timeline or structure real estate investors need.
Credit needs start around 620 for DSCR loans, higher for conventional investor financing. Many lenders want 680+ for competitive rates.
Down payments run 20-25% minimum on investment properties. Some programs require 30% down if you own multiple rental properties.
No income verification on DSCR loans. Lenders look at the property's rent compared to the mortgage payment, called the debt service coverage ratio.
We work with 40+ non-QM lenders who fund investor deals in Los Angeles County. Each lender has different appetites for property types and borrower profiles.
Some specialize in DSCR loans for stabilized rentals. Others focus on fix-and-flip financing with short-term bridge loans.
Portfolio lenders offer the most flexibility when you're buying multiple properties at once. They'll structure deals that conventional underwriting would decline.
Inglewood deals move fast. By the time you get conventional approval, another investor already closed with hard money or a DSCR loan.
I see investors waste weeks chasing bank financing that won't approve investment properties without two years of landlord experience. Non-QM lenders don't have that requirement.
Run your numbers before you tour properties. Know your debt service coverage ratio target so you can evaluate deals on the spot.
DSCR loans work for buy-and-hold investors building rental portfolios. You qualify based on property cash flow, not your income documentation.
Hard money and bridge loans fit fix-and-flip projects with 6-12 month timelines. Rates run higher but you get funded in days, not weeks.
Interest-only loans reduce monthly payments on high-value properties. Your cash flow improves while you stabilize the investment.
The Stadium District attracts short-term rental interest, but Inglewood restricts STRs in residential zones. Verify zoning before you buy property planning Airbnb income.
Rents have climbed near the entertainment venues, but older neighborhoods still offer cash flow opportunities. Property condition matters more than location for DSCR approval.
Title processing in Los Angeles County adds 5-10 days to closing timelines. Factor this into your purchase contracts and financing deadlines.
Yes, if the property is vacant. Most lenders require an appraisal with rental analysis showing market rent for similar properties in the area.
Most lenders require 6-12 months of mortgage payments in reserves. The requirement increases with each additional property you own.
Most lenders want 1.0 or higher, meaning rent covers the full mortgage payment. Some programs accept 0.75 DSCR with higher rates.
Yes, through hard money or bridge loans with 12-month terms. Rates run 9-12% with points, but you close in 7-10 days.
No limit with portfolio lenders. Conventional loans cap at 10 financed properties, but DSCR programs have no maximum count.
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.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
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.
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.