Question 1

What DSCR ratio do lenders require in La Habra?

Accepted Answer

Most lenders require 1.0 or above. Some allow below-1.0 DSCR with a larger down payment and stronger credit.

Question 2

Can I use short-term rental income for DSCR?

Accepted Answer

Some lenders accept Airbnb income using a 12-month average. Not all do — confirm with your lender before applying.

Question 3

How much do I need to put down on a DSCR loan?

Accepted Answer

Expect 20-25% minimum. Some lenders go to 30% for condos or first-time investors.

Question 4

Do I need good credit for a DSCR loan in La Habra?

Accepted Answer

Most programs start at 680. A few go to 620, but those come with higher rates and stricter DSCR requirements.

Question 5

Can I buy a multi-unit property in La Habra with DSCR?

Accepted Answer

Yes. DSCR works on 1-4 unit properties and some programs go up to 8-10 units. Each unit's rent counts toward coverage.

Question 6

How long does a DSCR loan take to close?

Accepted Answer

Most DSCR loans close in 21-30 days. No income verification speeds up underwriting versus traditional investor loans.

DSCR Loans in La Habra: Qualify on Rental Income, Not a W-2