Question 1

What DSCR ratio do I need to qualify in Soledad?

Accepted Answer

Most lenders require a DSCR of 1.0 or higher. Some allow below 1.0 with a larger down payment.

Question 2

Can I use projected rent for a vacant property?

Accepted Answer

Some lenders accept a market rent appraisal for vacant units. Others require an active lease — it depends on the lender.

Question 3

Do I need to show personal income for a DSCR loan?

Accepted Answer

No. DSCR qualification is based on the property's rental income. Your tax returns and pay stubs stay out of it.

Question 4

Can I finance multiple Soledad rentals with DSCR?

Accepted Answer

Yes. DSCR has no hard cap on financed properties. Each deal is evaluated on its own cash flow.

Question 5

Are short-term rentals eligible for DSCR loans in Monterey County?

Accepted Answer

Some lenders allow STR income. Verify local short-term rental rules in Soledad before structuring the deal this way.

DSCR Loans in Soledad, CA — Qualify on Rental Income