Question 1

Can I use Airbnb income to qualify for a DSCR loan in San Clemente?

Accepted Answer

Some lenders accept short-term rental income, others use market rent only. Confirm the lender's policy before you apply — it directly changes your qualifying ratio.

Question 2

What DSCR ratio do I need to get approved?

Accepted Answer

Most lenders want a 1.1 or higher. Some allow 1.0 with a stronger credit profile or larger down payment.

Question 3

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

Accepted Answer

No. DSCR lenders qualify the property, not you personally. Tax returns and pay stubs are not required.

Question 4

Can I close a DSCR loan in an LLC?

Accepted Answer

Many non-QM lenders allow LLC vesting. Not all do. This is one of the key differences between lenders we vet before placing your loan.

Question 5

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

Accepted Answer

Most programs require 20-25% down. Higher loan amounts or lower DSCR ratios may push that requirement toward 25-30%.

Question 6

How is a DSCR loan different from a conventional investment property loan?

Accepted Answer

Conventional loans require income documentation and cap the number of financed properties. DSCR loans have neither restriction, making them better for active investors.

DSCR Loans in San Clemente: Finance Investment Property on Rental Income