Question 1

Can I use rental income to qualify for an investor loan in Marina?

Accepted Answer

Yes. DSCR loans qualify you on the property's rent, not your personal income. The rent must typically cover 100-125% of the mortgage payment.

Question 2

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

Accepted Answer

Most investor loan programs require 20-25% down. Some hard money lenders go lower, but rates increase significantly with less equity.

Question 3

Can I buy a short-term rental property in Marina using a DSCR loan?

Accepted Answer

Some DSCR lenders accept short-term rental income using AirDNA data. Confirm Marina's local zoning allows it before applying.

Question 4

How fast can an investor loan close in Marina?

Accepted Answer

DSCR loans typically close in 3-4 weeks. Hard money can close in 5-10 days when the deal and title are clean.

Question 5

What credit score do I need for an investor loan?

Accepted Answer

Most programs start at 620. Better pricing kicks in at 680 and above. Lower scores mean higher rates and larger down payments.

Question 6

Do investor loans in California have different rules than other states?

Accepted Answer

California has specific disclosure and licensing requirements. Work with a licensed California broker who knows non-QM investor loan compliance.

Investor Loans in Marina, CA — Built for Real Deals