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Corona sits in Riverside County — one of Southern California's strongest rental markets. Investors here are buying cash-flowing single-family homes and small multifamily properties.
DSCR loans (Debt Service Coverage Ratio) let you qualify based on what the property earns. Your W-2 or tax returns stay out of it entirely.
620–680 typical
Min Credit Score
1.0–1.1+
Min DSCR Ratio
20–25% required
Down Payment
Up to 30-year fixed
Loan Term
None (property-based)
Income Docs Needed
DSCR Loans in Corona
Lenders calculate your DSCR by dividing monthly rental income by the monthly loan payment. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
Credit score requirements typically start around 620-680. You'll usually need 20-25% down. The property must be investment use — no owner-occupants allowed.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Corona.
Corona sits in Riverside County — one of Southern California's strongest rental markets. Investors here are buying cash-flowing single-family homes and small multifamily properties.
DSCR loans (Debt Service Coverage Ratio) let you qualify based on what the property earns. Your W-2 or tax returns stay out of it entirely.
Lenders calculate your DSCR by dividing monthly rental income by the monthly loan payment. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
DSCR is a non-QM product. That means retail banks and credit unions rarely offer it. You need wholesale lenders who specialize in investor financing.
At SRK CAPITAL, we work with 200+ wholesale lenders. That range matters here — DSCR guidelines shift significantly from lender to lender on things like short-term rental income and LLC vesting.
The most common mistake investors make: buying a property first, then checking if it qualifies. Run the DSCR numbers before you make an offer.
Short-term rentals like Airbnb are trickier. Some lenders use actual lease agreements only. Others accept market rent estimates. A few will use STR income with the right documentation. Know your lender before you buy.
Hard money loans close faster but carry higher rates and short terms — usually 12-24 months. DSCR loans offer 30-year fixed options, which is a fundamentally different hold strategy.
Bank statement loans use your personal income from business deposits. DSCR ignores your income entirely. If your personal financials are complicated, DSCR is often the cleaner path.
Corona benefits from its position between LA and the Inland Empire. Renters priced out of Orange County often land here. That dynamic keeps vacancy rates low and rents competitive.
Single-family rentals in Corona tend to pencil well for DSCR purposes. Investors targeting larger multifamily should verify rent rolls carefully — lenders will scrutinize every unit.
Yes. Lenders use an appraisal with a rent schedule. The appraiser estimates market rent, and that number drives your DSCR calculation.
No. DSCR loans qualify based on the property's income. Your personal tax returns are not part of the approval.
Many wholesale lenders allow LLC vesting. Not all do — this is one of the key reasons lender selection matters on DSCR deals.
Most lenders want 1.1 or higher. Some go down to 1.0, and a few allow below 1.0 with a larger down payment. Rates vary by borrower profile and market conditions.
It depends on the lender. Some require a standard lease. Others accept STR income with platform statements. We shop lenders to match your specific property setup.
Conventional loans require personal income verification and limit you to 10 financed properties. DSCR has no income doc requirement and no hard cap on property count.