Question 1

Do I need to show personal income for a DSCR loan in Newport Beach?

Accepted Answer

No. DSCR loans qualify on the property's rental income, not yours. Your tax returns and pay stubs stay out of it.

Question 2

Can I use short-term rental income to qualify?

Accepted Answer

Some lenders accept Airbnb income at a haircut. Others require long-term lease income only. Confirm this before choosing a lender.

Question 3

What's a typical down payment for an investment property here?

Accepted Answer

Plan for 20–25% down on most rental purchases. Some hard money programs go lower but charge higher rates.

Question 4

How fast can I close a hard money loan in Newport Beach?

Accepted Answer

Hard money deals can close in 7–14 days with a clean title. That speed is why flippers use them despite the higher cost.

Question 5

What credit score do I need for an investor loan?

Accepted Answer

Most non-QM investor programs start at 620. Better scores get better pricing — especially at current rate levels.

Question 6

Are investor loans harder to get on Newport Beach condos?

Accepted Answer

Yes. Condo projects need to pass a warrantability review. Non-warrantable condos narrow your lender options significantly.

Investor Loans in Newport Beach — Built for Deals, Not W-2s