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Quincy sits in Plumas County, where the Treasure Canyon gold mine project is reshaping the local economy. The county's median household income of $64,946 reflects a stable, rural market where rental properties offer solid cash flow potential.
Investor loans let you acquire rental properties with 20–25% down. This structure works well in Quincy's affordable price range.
620 (680+ preferred)
Minimum FICO
20–25%
Down Payment Range
30–45 days
Typical Closing
$64,946
County Median Income
Investor Loans in Quincy
Investor loans require a minimum 620 FICO, though 680+ is preferred. You'll need 20–25% down and proof that the rental property generates enough income to cover the mortgage.
Plumas County's median household income of $64,946 means a typical investor here buys a rental in the $300,000–$500,000 range. Lenders want to see the property's rent covering at least 75% of the monthly payment.
Local decision guide
Use this guide to connect investor loans eligibility, lender expectations, and local market factors before comparing payment options in Quincy.
Quincy sits in Plumas County, where the Treasure Canyon gold mine project is reshaping the local economy. The county's median household income of $64,946 reflects a stable, rural market where rental properties offer solid cash flow potential.
Investor loans let you acquire rental properties with 20–25% down. This structure works well in Quincy's affordable price range.
Investor loans require a minimum 620 FICO, though 680+ is preferred. You'll need 20–25% down and proof that the rental property generates enough income to cover the mortgage.
Investor loans are tighter than owner-occupied mortgages because lenders view rental properties as higher risk. Most California lenders require full financial documentation and proof of prior landlord experience or property management.
Closing timelines run 30–45 days for investor loans, longer than conventional owner-occupied deals. The underwriting is more thorough because the lender is betting on the property's income.
Investor loans make sense in Quincy when you're buying a rental that rents for $1,200–$1,600 per month. Below that price point, the cash flow is thin and the lender's income requirements become harder to meet.
If you're buying a single-family home to occupy yourself, skip investor loans entirely. Owner-occupied financing is cheaper, faster, and requires less documentation.
Investor loans carry rates 0.5–1% higher than owner-occupied conventional mortgages because the lender bears more risk. You're paying for the privilege of using the rental's income to qualify.
If you have strong personal income and can qualify as owner-occupied, that path is cheaper and faster. Investor loans are for buyers whose rental income is the main qualification lever.
Feather River College's Upward Bound program brings Plumas County students to UC Davis for college exposure. That kind of institutional support attracts families and strengthens long-term rental demand.
The new 2,000-acre state park along the Feather River in nearby Yuba County opens boat launch and riverside access. Outdoor recreation infrastructure like this drives tourism and seasonal rental interest across the region.
No prior landlord experience is required, but lenders prefer it. Plan on providing detailed personal financial statements and proof of your ability to manage the property.
Investor loans typically require 20–25% down. On a $350,000 rental, that's $70,000–$87,500 at closing.
The rent must cover at least 75% of your monthly mortgage payment. If the property rents for $1,400 and your payment is $1,800, lenders will count $1,050 toward your income.
Yes. Investor loans typically run 0.5–1% higher because the lender views rental properties as higher risk. You're paying for the ability to qualify on property income.
Yes. Investor loans work for 2–4 unit properties. Lenders will count the rental income from all units to qualify you.