Question 1

Can I use projected Airbnb income for a Calistoga DSCR loan?

Accepted Answer

Some lenders accept appraisal rent estimates based on STR comps. Others require 12 months of actual rental history. We match you to programs that fit your situation.

Question 2

What DSCR ratio do I need in Calistoga?

Accepted Answer

Minimum 1.0, but 1.15+ gets better rates. High-season wine country rents often push ratios to 1.25-1.4, which qualifies you for institutional investor pricing.

Question 3

Do DSCR lenders allow cash-out refinance on Napa properties?

Accepted Answer

Yes, after 6-12 months of ownership. You can pull equity based on current value and rents, no income verification required.

Question 4

What if the property needs renovation before renting?

Accepted Answer

DSCR programs typically require habitable condition at closing. Consider bridge loans or hard money for heavy rehabs, then refinance to DSCR once it's rent-ready.

Question 5

Are DSCR rates higher than conventional investor loans?

Accepted Answer

Rates run 1-2% above conventional, but you skip income verification and often close faster. Trade-off makes sense for complex tax situations or portfolio growth.

DSCR Loans in Calistoga: Finance Napa Valley Rentals Without Income Verification