Question 1

What DSCR ratio do I need to qualify in Anaheim?

Accepted Answer

Most lenders want 1.0 or higher. Some non-QM lenders allow below 1.0 with a larger down payment.

Question 2

Can I use projected Airbnb income for DSCR?

Accepted Answer

A handful of lenders will use STR projections. Most require 12 months of documented rental income instead.

Question 3

Can I hold the property in an LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. It's one of the reasons investors prefer this product.

Question 4

How much do I need to put down on a DSCR loan?

Accepted Answer

Expect 20-25% minimum. Some lenders require 30% on condos or properties with lower DSCR ratios.

Question 5

Are DSCR rates higher than conventional rates?

Accepted Answer

Yes, DSCR rates run higher than conventional investment property rates. Rates vary by borrower profile and market conditions.

Question 6

Is a DSCR loan available for multi-family in Anaheim?

Accepted Answer

Yes. Most DSCR lenders cover 1-4 unit properties. Some go up to 8 units with portfolio or commercial products.

DSCR Loans in Anaheim, CA — Qualify on Rental Income