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Mariposa sits at the gateway to Yosemite. That location drives steady short-term rental demand year-round.
DSCR loans qualify you on rental income — not your W-2 or tax returns. That matters in a market built on vacation properties.
620–680
Min Credit Score
1.1x typical
Min DSCR Ratio
20–25%
Down Payment
Not required
Income Docs
30-yr fixed available
Loan Term
DSCR Loans in Mariposa
Lenders calculate your DSCR by dividing monthly rental income by monthly debt payments. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
Expect a minimum 620-680 credit score. Most programs require 20-25% down on investment property.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Mariposa.
Mariposa sits at the gateway to Yosemite. That location drives steady short-term rental demand year-round.
DSCR loans qualify you on rental income — not your W-2 or tax returns. That matters in a market built on vacation properties.
Lenders calculate your DSCR by dividing monthly rental income by monthly debt payments. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
Most retail banks don't touch DSCR loans. This is a wholesale and non-QM product. You need a broker with the right lender relationships.
We work with 200+ wholesale lenders — several specialize in vacation rental markets like Mariposa. Rates vary by borrower profile and market conditions.
Short-term rental income is trickier to underwrite. Some lenders use Airbnb or VRBO history. Others use a market rent appraisal instead.
If your property is new or unlisted, get an appraiser who knows vacation rental comps in Mariposa County. That rental estimate drives your DSCR calculation.
A conventional investment loan requires full income docs. Self-employed investors or those with write-offs often look better on a DSCR loan.
Hard money is faster but expensive — rates often run 3-5 points higher. DSCR gives you long-term fixed financing without the personal income scrutiny.
Mariposa County has limited housing inventory. Competition for investment properties can move fast, especially near Yosemite access points.
Properties outside city limits may have well and septic. Some DSCR lenders add overlays for rural collateral. Know this before you make an offer.
Yes, with the right lender. Some lenders accept short-term rental history. Others use a market rent appraisal instead.
Most lenders want a ratio of 1.1 or higher. Some programs allow 1.0, but terms get tighter.
Some do, but rural collateral can trigger overlays. Well, septic, or acreage may reduce your lender options.
Expect 20-25% minimum. Some lenders require more for vacation or short-term rental properties.
No. DSCR is long-term financing based on rental income. Hard money is short-term and significantly more expensive.