Question 1

Can I use Airbnb income to qualify for a DSCR loan in Dana Point?

Accepted Answer

Some lenders accept STR income; others require long-term market rent. We'll match you with a lender whose policy fits your rental strategy.

Question 2

What DSCR ratio do I need to get approved?

Accepted Answer

Most lenders want 1.0 or above. A few go down to 0.75 with a bigger down payment. It depends on the lender.

Question 3

Do DSCR loans require tax returns?

Accepted Answer

No. That's the point. Lenders underwrite the property's income, not yours. No personal income docs are required.

Question 4

Are DSCR loans available for condos in Dana Point?

Accepted Answer

Yes, but HOA fees reduce your DSCR. High monthly dues can kill an otherwise strong deal. Run the numbers first.

Question 5

How much down do I need for a DSCR loan here?

Accepted Answer

Plan for 20-25% minimum. Jumbo DSCR loans in Orange County may require more. Rates vary by borrower profile and market conditions.

Question 6

How is a DSCR loan different from a conventional investor loan?

Accepted Answer

DSCR skips personal income verification entirely. Conventional investor loans still require tax returns and debt-to-income checks.

DSCR Loans in Dana Point: Finance Investment Property on Rental Income