Question 1

Can I refinance a hard money loan into a DSCR loan?

Accepted Answer

Yes — this is a common strategy. Investors acquire with hard money, stabilize the property, then refinance into a long-term DSCR loan.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want at least a 620. Better scores get better rates. Rates vary by borrower profile and market conditions.

Question 3

Do hard money lenders check credit?

Accepted Answer

Some do, many don't. The property's value matters far more. A strong deal can get funded with a thin credit file.

Question 4

Which loan is faster to close in Anaheim?

Accepted Answer

Hard money wins on speed — sometimes closing in under two weeks. DSCR loans typically take 3–4 weeks.

Question 5

Can I use a DSCR loan on a short-term rental?

Accepted Answer

Yes, some lenders allow it using projected or actual Airbnb income. Not all DSCR lenders accept short-term rental income, so lender selection matters.

Question 6

Are both loans available in Orange County?

Accepted Answer

Yes. As a broker with 200+ wholesale lenders, we access both products for Anaheim and all of Orange County.

DSCR Loans vs Hard Money Loans in Anaheim