Question 1

Can I use a DSCR loan to buy a primary residence in Rocklin?

Accepted Answer

No. DSCR loans are for investment properties only. Primary and second homes require a different loan type.

Question 2

Do bank statement loans work for investment properties?

Accepted Answer

Yes, but your personal income still has to qualify. DSCR is usually simpler for pure investment purchases.

Question 3

Which loan has a lower minimum credit score?

Accepted Answer

Both vary by lender. Most non-QM lenders require at least 620–660. Stronger credit gets better pricing on both.

Question 4

Can I close a DSCR loan in an LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. Bank statement loans generally require individual borrowers on title.

Question 5

How many months of bank statements do lenders want?

Accepted Answer

Most lenders want 12 months minimum. Some require 24. Business accounts may need a CPA expense letter too.

Question 6

What DSCR ratio do Rocklin rental properties need to hit?

Accepted Answer

Most lenders require a 1.0 DSCR — rent must cover the full payment. Some allow below 1.0 with a larger down payment.

Bank Statement vs DSCR Loans in Rocklin, CA