Question 1

Can I use a DSCR loan to buy a vacation rental in Tiburon?

Accepted Answer

Yes. Short-term rental income can qualify if the lender accepts it. Some use market rent estimates instead of Airbnb projections.

Question 2

Do conventional loans have stricter credit requirements than DSCR?

Accepted Answer

Conventional starts at 620. DSCR lenders typically want 680 or higher. Better credit helps on both.

Question 3

Can I buy through an LLC with a conventional loan?

Accepted Answer

No. Conventional loans require individual borrowers. DSCR loans can close in an LLC — that matters for investor liability.

Question 4

What down payment does a DSCR loan require in Marin County?

Accepted Answer

Most DSCR lenders want 20-25% down. Tiburon price points mean you'll need significant reserves too.

Question 5

Which loan is faster to close?

Accepted Answer

DSCR often closes faster. No income verification means fewer doc requests and less back-and-forth with underwriting.

Question 6

Are DSCR loans considered non-QM?

Accepted Answer

Yes. DSCR is a non-QM product — it falls outside standard agency guidelines. Not every lender offers it.

Conventional vs DSCR Loans in Tiburon, CA