Question 1

What DSCR ratio do I need to qualify in Marin County?

Accepted Answer

Most lenders require 1.0 or above. Some go to 0.75 with compensating factors like strong credit or larger down payment.

Question 2

Do I need to show personal income for a DSCR loan?

Accepted Answer

No. Approval is based on the rental property's income. Your W-2s and tax returns stay out of it.

Question 3

Can I use a DSCR loan on a San Anselmo short-term rental?

Accepted Answer

Some lenders allow it using projected or historical Airbnb income. Not all do — lender selection matters here.

Question 4

How much do I need to put down on a DSCR loan?

Accepted Answer

Plan for 20-25% down at minimum. High-value Marin properties may require 25-30% depending on the lender.

Question 5

Are DSCR loans available for multi-unit properties in San Anselmo?

Accepted Answer

Yes. Two-to-four unit properties are eligible. Terms may tighten compared to single-family rentals at these price points.

Question 6

How do DSCR rates compare to conventional investment rates?

Accepted Answer

DSCR rates typically run higher than conventional. The tradeoff is a faster, simpler approval with no income docs. Rates vary by borrower profile and market conditions.

DSCR Loans in San Anselmo: Finance Marin Rentals on Cash Flow