Question 1

What DSCR ratio do I need to qualify in Gonzales?

Accepted Answer

Most lenders want 1.0 or above. Some allow below 1.0 with 25-30% down.

Question 2

Can I buy a duplex or triplex with a DSCR loan here?

Accepted Answer

Yes. DSCR works on 1-4 unit properties. Confirm zoning in Gonzales before closing.

Question 3

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. DSCR lenders use the property's rent income only. Your tax returns stay out of it.

Question 4

What credit score do DSCR lenders require?

Accepted Answer

Most start at 620-660. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 5

How much do I need to put down on a Gonzales rental?

Accepted Answer

Plan for at least 20%. Some lenders require 25% on 2-4 unit properties.

Question 6

Can I use projected rent or only current rent to qualify?

Accepted Answer

Lenders use the appraiser's market rent estimate. A lease helps, but isn't always required.

DSCR Loans in Gonzales, CA — Qualify on Rental Income