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Graeagle sits in Plumas County, where the Treasure Canyon gold mine project is bringing significant development to the region. Investment property buyers here are looking at a market where rental income matters more than personal salary.
The county's median household income of $64,946 reflects a rural economy. DSCR financing focuses on what the property itself generates, not the borrower's W-2 income.
620
Minimum FICO
20–25%
Down Payment Range
1.0–1.25 minimum
Debt-Service Ratio
30–45 days
Typical Close Time
DSCR Loans in Graeagle
DSCR loans require the property's debt-service coverage ratio to exceed 1.0 or 1.25, depending on the lender. Your personal credit score typically needs to be 620 or higher, though stronger scores improve approval odds.
Down payments range from 20% to 25% on investment properties. The property's rental income must cover the mortgage, taxes, insurance, and HOA fees each month.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Graeagle.
Graeagle sits in Plumas County, where the Treasure Canyon gold mine project is bringing significant development to the region. Investment property buyers here are looking at a market where rental income matters more than personal salary.
The county's median household income of $64,946 reflects a rural economy. DSCR financing focuses on what the property itself generates, not the borrower's W-2 income.
DSCR loans require the property's debt-service coverage ratio to exceed 1.0 or 1.25, depending on the lender. Your personal credit score typically needs to be 620 or higher, though stronger scores improve approval odds.
DSCR lending in California has tightened over the past two years as rates rose. Most lenders now require 1.25 DSCR minimum, up from 1.0 in prior years.
Broker-based DSCR programs often move faster than retail banks for investment properties. Expect 30 to 45 days to close, with appraisals and rental verification as key timeline drivers.
DSCR loans make sense for Graeagle buyers with rental properties generating steady income. If the property's annual rent is $40,000 or more and covers the mortgage comfortably, DSCR is often the fastest path.
DSCR falls short when the property barely breaks even or when the borrower has strong W-2 income but weak rental history. In that case, a conventional loan using personal income may be simpler.
Conventional loans require 20% down and rely on your personal income and credit. DSCR ignores your job and focuses entirely on what the property rents for each month.
Conventional is faster if you have strong W-2 income and a solid credit score. DSCR is faster if your rental income is strong but your personal income is modest or self-employed.
Feather River College's Upward Bound program is expanding college access for Plumas County students. That kind of workforce development supports long-term rental demand in the region.
The new Yuba County state park along the Feather River is opening boat launch and beach access nearby. Recreation infrastructure attracts visitors and seasonal renters, boosting property income potential.
Most lenders require a 620 FICO minimum for DSCR loans. Scores above 680 improve approval odds and may lower your rate.
Yes. DSCR ignores your personal salary entirely. The property's rental income is all that matters for qualification.
Typically 20% to 25% down on investment properties. Some lenders go as low as 15% with a stronger debt-service ratio.
Expect 30 to 45 days. Appraisals and rental verification take the most time.
If your debt-service ratio falls below 1.0, DSCR lenders will decline. A conventional loan using your personal income may work instead.