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Ukiah sits in Mendocino County wine country. Investors here are buying rental properties — and DSCR loans are built for exactly that.
DSCR stands for Debt Service Coverage Ratio. Lenders look at what the property earns, not what you earn personally.
620 Typical
Min Credit Score
1.0x
Min DSCR
20–25%
Down Payment
Not Required
Income Docs
Non-QM
Loan Type
DSCR Loans in Ukiah
Most lenders want a DSCR of 1.0 or better. That means the rent covers the full mortgage payment.
Credit scores typically start at 620. Expect to put 20-25% down on most investment properties.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Ukiah.
Ukiah sits in Mendocino County wine country. Investors here are buying rental properties — and DSCR loans are built for exactly that.
DSCR stands for Debt Service Coverage Ratio. Lenders look at what the property earns, not what you earn personally.
Most lenders want a DSCR of 1.0 or better. That means the rent covers the full mortgage payment.
DSCR is a non-QM product. That means big retail banks usually won't touch it.
We work with 200+ wholesale lenders, including specialists in non-QM investor loans. Rate and guidelines vary significantly between them.
Ukiah has a mix of single-family rentals, small multifamily, and vacation properties. Each property type hits DSCR differently.
Short-term rental income is trickier. Some lenders use market rent — not Airbnb projections — to calculate DSCR. Know this before you make an offer.
Conventional investor loans require full income docs. Two years of tax returns, W-2s, all of it.
DSCR skips your personal income entirely. If you're self-employed or have multiple properties on your return, DSCR often clears faster.
Mendocino County has a smaller rental market than coastal metros. Lenders will scrutinize your rent comps hard.
Appraisers use local comparables to set rent schedules. Thin data in Ukiah can mean conservative numbers — plan for that in your DSCR math.
It's the ratio of monthly rent to monthly mortgage payment. A 1.0 DSCR means the rent exactly covers the debt.
Yes, but lenders may use market rent — not projected Airbnb income. Confirm how your lender calculates income before closing.
No. The property's income qualifies the loan. Your W-2 or tax returns won't factor in.
Most lenders start at 620. Higher scores get better rates — rates vary by borrower profile and market conditions.
Plan for 20-25% minimum. Some lenders require more for rural or vacation-use properties.
Yes. DSCR works for purchases and cash-out refis. The property still needs to hit the required coverage ratio.