Question 1

Can I use a DSCR loan to buy a fixer-upper in Fairfax?

Accepted Answer

DSCR loans require the property to be rent-ready. For heavy rehab, use hard money first, then refinance into DSCR.

Question 2

What credit score do I need for each loan?

Accepted Answer

DSCR lenders typically want 620–680 minimum. Hard money lenders are more flexible — the asset carries more weight.

Question 3

Which loan closes faster in a competitive market?

Accepted Answer

Hard money wins on speed. It can close in days. DSCR typically takes two to four weeks.

Question 4

Are both loans available for Fairfax investment properties?

Accepted Answer

Yes. Both are non-QM products. We work with 200+ wholesale lenders who offer both programs in Marin County.

Question 5

Can I refinance a hard money loan into a DSCR loan?

Accepted Answer

Yes — this is a common BRRRR strategy. Once the property is stabilized and renting, a DSCR refi replaces the hard money.

Question 6

Which loan has lower rates?

Accepted Answer

DSCR rates are lower. Hard money carries a premium for speed and flexibility. Rates vary by borrower profile and market conditions.

DSCR vs Hard Money Loans in Fairfax, CA