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Truckee is a short-term rental market. Tahoe-area cabins and mountain properties command strong nightly rates year-round.
DSCR loans are built for this. The property's rental income qualifies you — not your W-2 or tax returns.
620–680
Min Credit Score
1.0x (some lower)
Min DSCR Ratio
20–25%
Down Payment
Non-QM Investment
Loan Type
Required at closing
STR Permit
DSCR Loans in Truckee
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's gross rental income by the monthly mortgage payment.
Most lenders want a DSCR of 1.0 or higher. That means the rent covers the mortgage. Some lenders go 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 Truckee.
Truckee is a short-term rental market. Tahoe-area cabins and mountain properties command strong nightly rates year-round.
DSCR loans are built for this. The property's rental income qualifies you — not your W-2 or tax returns.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's gross rental income by the monthly mortgage payment.
Not every lender accepts short-term rental income for DSCR calculations. This is where lender selection matters in Truckee.
Some wholesale lenders use AirDNA or market rent estimates for STR properties. Others require a lease. We know which lenders work for Truckee investors.
Truckee investors often get tripped up here: Nevada County has STR permit requirements. Lenders want to see that permit before closing.
Get your STR permit squared away early. A delayed permit can stall closing or kill the deal entirely.
A conventional investment loan checks your debt-to-income ratio. That kills deals for self-employed buyers with aggressive write-offs.
DSCR skips that entirely. Bank statement loans are another option, but DSCR is cleaner when the numbers on the property work.
Truckee sits in Nevada County at roughly 6,000 feet elevation. Some lenders add overlays for mountain or high-altitude properties — ask upfront.
Wildfire insurance is a real cost here. Lenders require it, and it affects your DSCR calculation. Budget for it before running your numbers.
Yes, with the right lender. Some wholesale lenders accept AirDNA projections or STR income history. Not all do — lender selection is critical.
Most want 1.0 or above. Below 1.0 is possible with 25-30% down on some programs. Rates vary by borrower profile and market conditions.
You need it before closing. Nevada County requires a permit for short-term rentals. Get it early — it can delay closing if you wait.
Yes. Most DSCR lenders allow LLC vesting. It's one of the reasons investors prefer this product over conventional investment loans.
Lenders include insurance in the monthly payment. Higher premiums reduce your DSCR. Run real insurance quotes before assuming your deal pencils.
Most programs require 20-25% down. Some lenders go to 15% with strong credit and a DSCR above 1.25.