Question 1

What DSCR ratio do I need to qualify in Westminster?

Accepted Answer

Most lenders target 1.0 or above. Some non-QM lenders go as low as 0.75 with compensating factors like strong credit or reserves.

Question 2

Can I use a DSCR loan to buy a duplex in Westminster?

Accepted Answer

Yes. DSCR loans work on 1-4 unit residential properties. Duplex and triplex deals are common and often pencil well with combined unit rents.

Question 3

Do DSCR lenders allow LLC ownership?

Accepted Answer

Many do. Vesting in an LLC is allowed by several non-QM lenders. Confirm early — not every lender handles entity borrowers the same way.

Question 4

How are DSCR rates compared to conventional investment loans?

Accepted Answer

DSCR rates typically run higher than conventional. Rates vary by borrower profile and market conditions — shopping lenders makes a real difference.

Question 5

Can I use short-term rental income for a Westminster DSCR loan?

Accepted Answer

Some lenders allow it with documented Airbnb history. Others require a long-term lease. You need to match your property type to the right lender.

Question 6

Is a DSCR loan a good fit for a Westminster buy-and-hold strategy?

Accepted Answer

If the rent covers the mortgage, DSCR is often the cleanest path. It avoids personal income scrutiny and offers long-term fixed rate options.

DSCR Loans in Westminster, CA — Qualify on Rent, Not W-2s