Loading
Loading
Marina sits between Monterey and Seaside — a coastal market with strong rental demand year-round.
Fort Ord's redevelopment brought new housing stock. Investors here find a mix of long-term and military renters.
620–680
Min Credit Score
1.0–1.1 typical
Min DSCR Ratio
20–25%
Down Payment
None
Income Docs Required
Non-QM / Investor
Loan Type
DSCR Loans in Marina
DSCR loans skip W-2s and tax returns. Lenders look at the property's rent income vs. its monthly debt payment.
A DSCR of 1.0 means rent covers the mortgage exactly. Most lenders want 1.1 or higher. Some accept 0.75 with stronger credit.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Marina.
Marina sits between Monterey and Seaside — a coastal market with strong rental demand year-round.
Fort Ord's redevelopment brought new housing stock. Investors here find a mix of long-term and military renters.
DSCR loans skip W-2s and tax returns. Lenders look at the property's rent income vs. its monthly debt payment.
DSCR is a non-QM product. Retail banks rarely offer it. Wholesale lenders built for investor deals are where you find real options.
SRK CAPITAL works with 200+ wholesale lenders. We find who prices DSCR loans best for Marina-area properties right now.
The biggest mistake investors make: assuming their rent estimate will stick. Lenders use an appraiser's market rent schedule — not your pro forma.
Short-term rental income is tricky. Most DSCR lenders want market rent for long-term leases, not Airbnb projections. Know that before you run numbers.
Conventional investor loans cap out around 10 financed properties and dig into your personal income. DSCR has no such cap.
Hard money is faster but expensive — rates often 10%+. DSCR gives you longer terms at lower rates when the deal pencils out.
Marina's proximity to CSUMB and the Presidio of Monterey creates a steady renter pool. That stability matters when lenders evaluate DSCR.
Monterey County has strict short-term rental regulations. Confirm your rental strategy is legal before structuring a DSCR deal around it.
Most lenders want 1.1 or higher. A few go down to 0.75 with a stronger credit profile and larger down payment.
Most DSCR lenders use long-term market rent only. Short-term rental income typically does not count toward DSCR.
Yes. Most DSCR lenders allow LLC vesting. It is one reason investors prefer DSCR over conventional financing.
Expect 20–25% down on most DSCR purchases. Some lenders require more depending on credit score and property type.
Yes. DSCR works well for 2–4 unit properties. Combined rent income from all units counts toward the ratio.
No. DSCR loans require no personal tax returns. Qualification is based entirely on the rental property's income.