Question 1

What DSCR ratio do I need in Placentia?

Accepted Answer

Most lenders require a 1.0 minimum. A ratio of 1.25 or above puts you in a stronger position for rate and terms.

Question 2

Can I buy in an LLC with a DSCR loan?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. This is one reason investors prefer DSCR over conventional investor loans.

Question 3

Do I need to show personal income?

Accepted Answer

No. DSCR lenders qualify the property, not you. No tax returns, no pay stubs, no employment verification required.

Question 4

Can I use projected rent on a vacant property?

Accepted Answer

Yes. Lenders typically use a rent schedule from the appraisal. The appraiser determines market rent for qualifying purposes.

Question 5

How much do I need to put down in Orange County?

Accepted Answer

Expect 20-25% down on most DSCR deals. Some lenders go to 15% down with stronger credit and higher DSCR ratios.

Question 6

Is DSCR available for short-term rentals in Placentia?

Accepted Answer

Some lenders allow it, but most use long-term market rent to calculate DSCR. Check Placentia's STR permit rules first.

DSCR Loans in Placentia, CA — Qualify on Rent, Not Your W-2