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Fullerton draws serious rental investors. Cal State Fullerton and dense transit corridors keep vacancy low and demand steady.
DSCR loans — which qualify you based on the property's rent, not your tax returns — are built for this market. Strong cash flow here translates directly into approval.
1.0 (most lenders)
Min DSCR Ratio
620–680
Min Credit Score
20–25%
Down Payment
30-year fixed available
Loan Term
Fixed or ARM
Rate Type
DSCR Loans in Fullerton
The core requirement is a DSCR of 1.0 or higher. That means the property's monthly rent covers its monthly mortgage payment.
Most lenders want a 680+ credit score and 20-25% down. A few will go down to 620 with stronger reserves or higher DSCR.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Fullerton.
Fullerton draws serious rental investors. Cal State Fullerton and dense transit corridors keep vacancy low and demand steady.
DSCR loans — which qualify you based on the property's rent, not your tax returns — are built for this market. Strong cash flow here translates directly into approval.
The core requirement is a DSCR of 1.0 or higher. That means the property's monthly rent covers its monthly mortgage payment.
DSCR is a non-QM product. Most retail banks don't offer it. You need a broker with real wholesale access to find competitive pricing.
We shop DSCR across 200+ wholesale lenders. Rates and terms vary sharply — the wrong lender on a Fullerton deal can cost you real money. Rates vary by borrower profile and market conditions.
The number that kills deals: rent not appraising out. The lender uses appraised market rent — not what your tenant actually pays. If your rent is below market, your DSCR looks worse than it should.
Short-term rental investors should ask lenders upfront. Some use Airbnb income projections. Others only count long-term lease income. Know which lender you're working with before you're under contract.
Conventional investor loans cap out at 10 financed properties and require full income docs. DSCR has no such cap — it's designed to scale.
Hard money is faster but carries higher rates and short terms. DSCR gives you 30-year fixed options with no balloon payment. For a buy-and-hold strategy, DSCR wins.
Fullerton's mix of single-family homes, older duplexes, and student-adjacent rentals creates multiple DSCR scenarios. Lender guidelines on property type matter a lot here.
Some lenders flag properties within a half mile of a university as higher risk. If you're buying near CSUF, confirm your lender's geographic restrictions before submitting.
Most lenders require a minimum DSCR of 1.0. Some go below that for strong borrowers, but expect higher rates or stricter terms.
Yes. Most wholesale DSCR lenders allow LLC vesting. It's one of the main reasons investors prefer this product over conventional.
Some do, some don't. Ask upfront — lenders that allow STR income often use a platform revenue estimate rather than your actual bookings.
Plan for 20-25% down on most deals. A few lenders go to 15% with a higher rate and stronger DSCR.
Not harder — different. No income docs or DTI review. The property's cash flow is the underwrite. For self-employed investors, it's often easier.
SFRs, condos, duplexes, and 2-4 unit properties all qualify with most lenders. Some extend to 5-8 units on portfolio products.