Question 1

Can I use a DSCR loan on a fixer-upper?

Accepted Answer

Not usually. DSCR lenders want a livable, rentable property. Hard money is the right tool for heavy rehab deals.

Question 2

How fast does hard money close compared to DSCR?

Accepted Answer

Hard money can close in 5–10 days. DSCR loans typically take 3–4 weeks.

Question 3

Do either of these loans check my personal income?

Accepted Answer

No. DSCR qualifies on rental income. Hard money qualifies on the asset's value. Neither requires tax returns.

Question 4

What credit score do I need for each loan?

Accepted Answer

DSCR lenders typically require 620 or higher. Hard money lenders are more flexible — some go lower if equity is strong.

Question 5

Can I refinance from hard money into a DSCR loan?

Accepted Answer

Yes. That's a common BRRRR strategy. Stabilize the property, get a tenant, then refinance into a long-term DSCR loan.

Question 6

Which loan has lower rates in Citrus Heights?

Accepted Answer

DSCR rates run lower than hard money. Rates vary by borrower profile and market conditions.

DSCR Loans vs Hard Money Loans in Citrus Heights