Question 1

What DSCR ratio do I need to qualify in Garden Grove?

Accepted Answer

Most lenders want a DSCR of 1.1 or higher. Some will go to 1.0 with a stronger down payment or credit profile.

Question 2

Can I use projected rent to qualify for a DSCR loan?

Accepted Answer

Yes. Lenders typically use an appraisal-based rent schedule. The appraiser determines market rent for the property.

Question 3

Do DSCR loans work for duplexes and triplexes in Garden Grove?

Accepted Answer

Yes, most DSCR programs cover 1–4 unit residential properties. Multi-unit rent income strengthens your ratio.

Question 4

How is the rate on a DSCR loan different from a conventional investor loan?

Accepted Answer

DSCR rates typically run higher than conventional. Rates vary by borrower profile and market conditions.

Question 5

Can I get a DSCR loan under an LLC?

Accepted Answer

Yes. Many DSCR lenders allow LLC vesting. This is one of the reasons investors prefer DSCR over conventional.

Question 6

How fast can a DSCR loan close in California?

Accepted Answer

Typical close time is 3–4 weeks. No income verification speeds up processing compared to conventional investor loans.

DSCR Loans in Garden Grove: Finance Investment Property on Rental Income