Loading
Loading
Citrus Heights investors use DSCR loans to skip personal income verification. The property cash flow determines approval, not your tax returns.
This loan type works for Sacramento County landlords who show losses on Schedule E or reinvest income aggressively. Your 1040 doesn't matter here.
DSCR Loans in Citrus Heights
You need a DSCR of 1.0 or higher—meaning monthly rent covers the proposed mortgage payment. Most lenders want 1.25 to get the best rates.
Credit minimums start at 660, but 700+ unlocks better pricing. Expect 20-25% down for single-family rentals in Citrus Heights.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Citrus Heights.
Citrus Heights investors use DSCR loans to skip personal income verification. The property cash flow determines approval, not your tax returns.
This loan type works for Sacramento County landlords who show losses on Schedule E or reinvest income aggressively. Your 1040 doesn't matter here.
You need a DSCR of 1.0 or higher—meaning monthly rent covers the proposed mortgage payment. Most lenders want 1.25 to get the best rates.
We access 40+ non-QM lenders who underwrite DSCR loans differently. Some use market rent estimates, others require signed leases.
Rate spreads between lenders can hit 1.5 points on identical scenarios. Shopping your deal across our network saves real money.
Citrus Heights has solid rental demand near Sunrise Mall and along Auburn Boulevard. Properties under $450k typically rent for $2,200-$2,600 monthly.
Most investors here refinance conventional loans into DSCR products to pull equity for the next deal. That strategy beats paying self-employment income taxes just to qualify.
Conventional investor loans require full income documentation and cap you at 10 financed properties. DSCR loans have no portfolio limits and ignore your W-2 entirely.
Hard money makes sense for six-month flips. DSCR works for buy-and-hold investors who want 30-year fixed rates and predictable payments.
Sacramento County's 1.1% base property tax rate eats into DSCR calculations. Factor tax, insurance, and HOA fees when calculating your debt service ratio.
Appraisers in Citrus Heights sometimes struggle with rental comps when properties sit near commercial zones. That can delay closing by 10-15 days.
Most lenders require 1.0 minimum, meaning rent covers the mortgage payment. A 1.25 ratio gets you better rates and more lender options.
Depends on the lender. Some accept appraisal rent estimates, others require a lease in place. We match you to lenders based on your situation.
Yes, up to four units. Lenders calculate DSCR using total rental income across all units minus the full mortgage payment.
Expect 1.5-2.5% higher rates as of February 2026. The trade-off is zero income documentation and unlimited portfolio growth.
Only if it's now a rental. DSCR loans require investment property status. You'll need proof the property generates rental income.