Question 1

What DSCR ratio do I need to get approved?

Accepted Answer

Most lenders want a 1.1 DSCR or higher. Some go down to 0.75 with strong credit and reserves.

Question 2

Can I use short-term rental income for DSCR qualification?

Accepted Answer

Some lenders accept STR income with a rental history report. Not all do — ask before you apply.

Question 3

Do DSCR loans require tax returns?

Accepted Answer

No. That's the point. Qualification is based on the property's rent, not your personal tax returns.

Question 4

What is the minimum down payment for a DSCR loan in Del Rey Oaks?

Accepted Answer

Expect 20-25% down. Some lenders require more depending on your credit score and DSCR ratio.

Question 5

Are DSCR loans available for multi-unit properties in Monterey County?

Accepted Answer

Yes. DSCR loans work for 1-4 unit and sometimes 5+ unit properties, depending on the lender.

Question 6

How long does a DSCR loan take to close?

Accepted Answer

Most DSCR loans close in 21-30 days. No income verification speeds up the process significantly.

DSCR Loans in Del Rey Oaks, CA — Qualify on Rental Income