Question 1

Can I use a DSCR loan to buy a hunting cabin in Modoc County?

Accepted Answer

Yes, if it generates rental income. The property needs to show enough rent to meet the lender's DSCR threshold — typically 1.0 or higher.

Question 2

Do conventional loans work for investment properties?

Accepted Answer

Yes, but your personal income must qualify. Conventional investment property loans also require at least 15–25% down.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders require a 660–680 minimum. Some go down to 640 with a larger down payment and strong property cash flow.

Question 4

Are DSCR loans available in rural areas like Alturas?

Accepted Answer

Yes, though fewer lenders serve very rural markets. We work with lenders who actively do DSCR deals in Modoc County.

Question 5

Which loan has lower closing costs?

Accepted Answer

Conventional typically costs less to close. DSCR loans carry lender fees and rate premiums that add up — plan for higher upfront costs.

Question 6

Can I use projected rent to qualify for a DSCR loan?

Accepted Answer

Many lenders accept a rent schedule from a licensed appraiser. Actual signed leases are stronger — they remove underwriting risk.

Conventional vs DSCR Loans in Alturas, CA