Question 1

Can I use a DSCR loan on a property I plan to live in?

Accepted Answer

No. DSCR is investment property only. It cannot be used for a primary residence under any lender guidelines.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want 680 or higher. Some go down to 640 with a lower LTV and stronger rent coverage.

Question 3

Does a DSCR loan show up on my personal credit?

Accepted Answer

It can, depending on how you take title. Loans in an LLC may not report personally, but lenders still pull your credit to qualify.

Question 4

Which loan has lower rates in Dos Palos right now?

Accepted Answer

Conventional rates run lower. DSCR carries a premium because lenders take on more risk. Rates vary by borrower profile and market conditions.

Question 5

Can I have both a conventional and a DSCR loan at the same time?

Accepted Answer

Yes. Many investors live in a conventionally financed home and hold DSCR-financed rentals. The two programs don't conflict.

Question 6

What property types qualify for DSCR in Merced County?

Accepted Answer

Single-family rentals, 2-4 unit properties, and some small multifamily qualify. Rural or agricultural parcels may have lender restrictions.

Conventional vs DSCR Loans in Dos Palos, CA