Question 1

What DSCR ratio do I need to qualify in Tustin?

Accepted Answer

Most lenders want 1.0 or above. Below 1.0 is possible with some lenders, but rates go up.

Question 2

Can I use projected rent on a vacant Tustin property?

Accepted Answer

Yes. Most DSCR lenders use a market rent appraisal when the unit is vacant. The appraiser determines qualifying rent.

Question 3

Do DSCR loans in California have prepayment penalties?

Accepted Answer

Many do. Typical structures are 3-year or 5-year step-downs. Factor this into your exit strategy before closing.

Question 4

Can I buy a multifamily property in Tustin with DSCR?

Accepted Answer

Yes, typically up to 4 units. Some lenders go to 8 units. Guidelines vary, so confirm with your lender upfront.

Question 5

How is Airbnb income handled on a Tustin DSCR loan?

Accepted Answer

It depends on the lender. Some use market rent instead. Confirm short-term rental policy before choosing a lender.

Question 6

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders start at 620. Better scores get better rates — a 740+ score can meaningfully lower your rate.

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