Question 1

What DSCR ratio do I need to qualify in Cathedral City?

Accepted Answer

Most lenders want 1.1 or higher. Some will go to 1.0 with stronger credit or a larger down payment.

Question 2

Can I use Airbnb income to qualify for a DSCR loan?

Accepted Answer

Some lenders accept STR history. Others use market rent only. We match you with lenders who accept your income type.

Question 3

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. DSCR lenders qualify you on rental income, not personal tax returns. That's the core advantage of this program.

Question 4

What property types qualify for DSCR in Cathedral City?

Accepted Answer

Single-family, 2-4 units, and condos typically qualify. Warrantable condo status and HOA rules can affect approval.

Question 5

How does DSCR compare to a conventional investor loan?

Accepted Answer

Conventional caps at 10 financed properties and requires income docs. DSCR has no income docs and no hard property cap.

Question 6

Can I get a DSCR loan on a property I haven't rented yet?

Accepted Answer

Yes. Lenders use a market rent appraisal to set the qualifying income. You don't need an existing lease.

DSCR Loans in Cathedral City: Qualify on Rent, Not Your W-2