Question 1

What is a DSCR loan and how does it work in Dana Point?

Accepted Answer

DSCR stands for Debt Service Coverage Ratio. The lender qualifies the loan based on rental income, not your personal income.

Question 2

Can I use short-term rental income to qualify?

Accepted Answer

Some lenders allow it. Most use long-term market rent from an appraisal. Confirm which method your lender uses before applying.

Question 3

How much do I need to put down on an investor loan?

Accepted Answer

Most investor loans require 20-25% down. Rates vary by borrower profile and market conditions.

Question 4

How fast can a hard money loan close in Dana Point?

Accepted Answer

Hard money lenders can close in 5-10 business days. That speed is the main reason investors use them on competitive deals.

Question 5

Do investor loans require tax returns?

Accepted Answer

DSCR and hard money loans typically do not. Conventional investment loans usually do require full income documentation.

Question 6

Can I finance multiple Dana Point properties?

Accepted Answer

Yes. DSCR loans allow multiple financed properties with no hard cap. Portfolio lenders are built for exactly that scenario.

Investor Loans in Dana Point, CA