Question 1

Can I use both loan types at the same time?

Accepted Answer

Yes. Some borrowers use a Bank Statement Loan for a primary home and DSCR for a rental. They qualify separately.

Question 2

Do DSCR Loans check my credit score?

Accepted Answer

Yes. Most DSCR lenders require at least a 620 to 680 credit score. Strong credit gets better pricing.

Question 3

How much down payment does a DSCR Loan require?

Accepted Answer

Expect 20 to 25 percent down on most DSCR deals. Some lenders require more for lower DSCR ratios.

Question 4

What credit score do I need for a Bank Statement Loan?

Accepted Answer

Most lenders want 660 or higher. A stronger score offsets complex income and can lower your rate.

Question 5

Can I use a Bank Statement Loan for an investment property?

Accepted Answer

Yes, some lenders allow it. But if the property is a rental, DSCR usually offers cleaner qualification.

Question 6

Which loan is easier to close faster in Riverside?

Accepted Answer

DSCR deals often move faster — there are fewer income documents to review. Bank Statement loans take more underwriting time.

Bank Statement vs DSCR Loans in Riverside, CA