Question 1

Can I use a Bank Statement Loan to buy a rental property?

Accepted Answer

Yes, but your personal income still drives qualification. If the goal is letting rent carry the loan, DSCR is a cleaner fit.

Question 2

Do DSCR Loans check my credit score?

Accepted Answer

Yes. Lenders still pull credit for DSCR Loans. A stronger score typically means better rates and terms.

Question 3

Which loan has the higher down payment requirement?

Accepted Answer

Both are Non-QM, so expect more than conventional programs. DSCR Loans often require 20–25% down for investment properties.

Question 4

Can I use an LLC with either of these loans?

Accepted Answer

DSCR Loans commonly allow LLC ownership. Bank Statement Loans typically require individual borrower qualification.

Question 5

What if I'm self-employed and also own rentals in Hollister?

Accepted Answer

You may qualify for both programs depending on the property. We run your scenario across lenders to find what actually works.

Question 6

Are these loans available for Hollister properties specifically?

Accepted Answer

Yes. As of April 2026, Non-QM lending is active in San Benito County. Property type and loan amount affect lender availability.

Bank Statement vs DSCR Loans in Hollister, CA