Question 1

Can I use rental income to qualify for an investor loan in Merced?

Accepted Answer

Yes — DSCR loans qualify based on the property's rent, not your personal income. The rent just needs to cover the monthly payment.

Question 2

What credit score do I need for an investor loan?

Accepted Answer

Most programs start at 660. Hard money lenders go lower, but expect a higher rate and stricter exit strategy requirements.

Question 3

Can I buy in an LLC with an investor loan?

Accepted Answer

Yes. Many non-QM investor programs allow LLC vesting. This is one area where non-QM beats conventional lending hands down.

Question 4

How fast can an investor loan close in Merced?

Accepted Answer

DSCR loans typically close in 2-3 weeks. Hard money can close in 5-10 days when the deal is clean and title is clear.

Question 5

Do investor loans work for fix-and-flip projects in Merced?

Accepted Answer

Yes — bridge loans and hard money are built for flips. They fund purchase and sometimes rehab costs, then you refinance or sell.

Investor Loans in Merced, CA — Built for Landlords and Flippers