Loading
Loading
Nevada City draws investors for good reason. Short-term rentals and vacation properties thrive in the Sierra Nevada foothills.
DSCR loans — Debt Service Coverage Ratio loans — let you qualify based on what the property earns, not your W-2.
1.0 – 1.1+
Min DSCR Ratio
620 – 660
Min Credit Score
20 – 25%
Down Payment
Up to 30-Year Fixed
Loan Term
Fixed & ARM options
Rate Type
DSCR Loans in Nevada City
Lenders calculate your DSCR by dividing monthly rent by your mortgage payment. A ratio of 1.0 means rent covers the payment exactly.
Most lenders want a DSCR of 1.1 or higher. Some programs allow ratios below 1.0 with a larger down payment.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Nevada City.
Nevada City draws investors for good reason. Short-term rentals and vacation properties thrive in the Sierra Nevada foothills.
DSCR loans — Debt Service Coverage Ratio loans — let you qualify based on what the property earns, not your W-2.
Lenders calculate your DSCR by dividing monthly rent by your mortgage payment. A ratio of 1.0 means rent covers the payment exactly.
Most retail banks don't offer DSCR loans. This is a wholesale and non-QM product, meaning you need access to the right lenders.
At SRK CAPITAL, we work with 200+ wholesale lenders. That gives you real options on rate, terms, and rental income calculations.
Short-term rental income is where deals get complicated. Some lenders accept Airbnb revenue. Others want 12-month lease agreements only.
Nevada City properties often run seasonal. Pick the wrong lender and your income calculation tanks. We know which lenders work for this market.
Hard money loans close faster but carry higher rates and short terms. DSCR loans give you 30-year fixed options without income docs.
Bank statement loans require 12-24 months of business deposits. DSCR skips your personal finances entirely — the property does the qualifying.
Nevada City sits in a high-demand short-term rental zone. Proximity to ski resorts, trails, and Gold Rush history keeps occupancy strong.
Investors here often hold multiple Sierra foothills properties. DSCR loans scale well — each property qualifies on its own income.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by the mortgage payment to see if it qualifies.
Some lenders accept short-term rental revenue. Others require long-term leases only. Lender selection matters a lot in this market.
Most DSCR lenders require a 620-660 minimum credit score. Higher scores typically unlock better rates. Rates vary by borrower profile and market conditions.
Most DSCR programs require 20-25% down. Some lenders allow less with stronger cash flow or higher credit scores.
No. DSCR loans qualify based on the property's income alone. Personal tax returns and pay stubs are not required.
Yes, but lender rules vary on how they treat seasonal or short-term income. We help match you with lenders that accept your property's rental type.