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Cathedral City sits in the Coachella Valley rental corridor. Short-term and long-term rentals both run strong here.
DSCR loans skip personal income entirely. The property's rent covers the debt — that's what gets you approved.
1.0 – 1.1
Min DSCR Ratio
620
Min Credit Score
20 – 25%
Down Payment
Non-QM / Investor
Loan Type
None
Income Docs Required
DSCR Loans in Cathedral City
DSCR stands for Debt Service Coverage Ratio. A ratio of 1.0 means rent equals your monthly payment. Most lenders want 1.1 or higher.
Credit scores typically need to be 620 or above. Expect 20-25% down on most DSCR deals. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Cathedral City.
Cathedral City sits in the Coachella Valley rental corridor. Short-term and long-term rentals both run strong here.
DSCR loans skip personal income entirely. The property's rent covers the debt — that's what gets you approved.
DSCR stands for Debt Service Coverage Ratio. A ratio of 1.0 means rent equals your monthly payment. Most lenders want 1.1 or higher.
DSCR is a non-QM product. That means retail banks rarely offer it. You need wholesale lenders who specialize in investor deals.
SRK CAPITAL works with 200+ wholesale lenders. We find who's pricing DSCR aggressively for Riverside County properties right now.
Short-term rental income is a sticking point. Some lenders use actual Airbnb history. Others apply a market rent haircut instead.
If your Cathedral City property runs seasonal vacancies, we match you with lenders who understand desert rental patterns — not ones who'll penalize you for them.
Conventional investor loans cap at 10 financed properties and require full income docs. DSCR has no such ceiling for most lenders.
Hard money is faster but costs more. DSCR gives you a 30-year fixed at competitive rates — hard money is a bridge, not a hold.
Cathedral City borders Palm Springs. That proximity drives short-term rental demand — and DSCR lenders know this market.
Riverside County has no local transfer tax beyond state minimums. Closing costs here are predictable. That helps your cash-to-close math.
Most lenders want 1.1 or higher. Some will go to 1.0 with stronger credit or a larger down payment.
Some lenders accept STR history. Others use market rent only. We match you with lenders who accept your income type.
No. DSCR lenders qualify you on rental income, not personal tax returns. That's the core advantage of this program.
Single-family, 2-4 units, and condos typically qualify. Warrantable condo status and HOA rules can affect approval.
Conventional caps at 10 financed properties and requires income docs. DSCR has no income docs and no hard property cap.
Yes. Lenders use a market rent appraisal to set the qualifying income. You don't need an existing lease.