Question 1

What DSCR ratio do I need to qualify in Carmel?

Accepted Answer

Most lenders want 1.10 or higher. Strong Carmel rental rates often support that, but confirm with actual market rent data.

Question 2

Can I use Airbnb income for a DSCR loan?

Accepted Answer

Some lenders accept short-term rental income with 12 months of history. Others use long-term market rent only — lender policy varies.

Question 3

Do I need to own the property personally or can I use an LLC?

Accepted Answer

Most DSCR wholesale lenders allow LLC vesting. It's one of the program's real advantages for investors protecting their assets.

Question 4

How much do I need to put down on a Carmel investment property?

Accepted Answer

Expect 20–25% down for most DSCR programs. Some lenders require more on short-term rental properties or higher loan amounts.

Question 5

Is DSCR available for Carmel luxury properties?

Accepted Answer

Yes, but you need a lender with a jumbo DSCR program. Not every non-QM lender goes that high — we know which ones do.

Question 6

How does DSCR differ from a conventional investment loan?

Accepted Answer

DSCR qualifies on the property's rent, not your income. Conventional loans require full personal income documentation and cap financed properties at 10.

DSCR Loans in Carmel By The Sea — Let the Rental Income Qualify