Question 1

What DSCR do I need to qualify in Irvine?

Accepted Answer

Most lenders want 1.0 or higher. Some allow below 1.0 with 25-30% down and stronger credit.

Question 2

Can I use projected rent instead of actual rent?

Accepted Answer

Yes, many lenders accept a signed lease or appraiser's market rent estimate. Actual lease income is always preferred.

Question 3

Do HOA fees hurt my DSCR on an Irvine condo?

Accepted Answer

They do. Lenders add HOA dues to monthly obligations, which lowers your ratio. Model this before making an offer.

Question 4

Is a DSCR loan available for short-term rentals?

Accepted Answer

Some lenders allow it using Airbnb income history. Others require long-term lease income only. Lender selection matters here.

Question 5

How many properties can I finance with DSCR?

Accepted Answer

Most DSCR lenders set no cap on financed properties. This makes it ideal for investors building a larger portfolio.

Question 6

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. DSCR loans require no personal income docs. The property's rent covers qualification entirely.

DSCR Loans in Irvine: Qualify on Rental Income