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Hollister sits in San Benito County, one of the quieter rental markets in Central California. That's exactly why investors are paying attention.
Lower entry prices and steady rental demand make this a real cash-flow play. DSCR loans are built for this kind of market.
680 (most lenders)
Min Credit Score
1.0 standard
Min DSCR Ratio
20–25% typical
Down Payment
None (rent-based)
Income Docs Required
Non-QM / Investor
Loan Type
DSCR Loans in Hollister
DSCR lenders don't care what you made last year. They care what your rental property earns versus what it costs to carry.
Most lenders want a DSCR of 1.0 or higher. That means rent covers the full mortgage payment. Some lenders go below 1.0 with a larger down payment.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Hollister.
Hollister sits in San Benito County, one of the quieter rental markets in Central California. That's exactly why investors are paying attention.
Lower entry prices and steady rental demand make this a real cash-flow play. DSCR loans are built for this kind of market.
DSCR lenders don't care what you made last year. They care what your rental property earns versus what it costs to carry.
DSCR is a non-QM product. Your bank almost certainly doesn't offer it. You need a broker with access to wholesale non-QM lenders.
We work with 200+ wholesale lenders, including multiple non-QM shops that actively price DSCR deals in smaller California markets like Hollister.
The most common mistake I see: investors use projected rent to qualify, then the appraisal's rent schedule comes in lower. That kills the deal.
Get a real rent comp analysis before you apply. Know your DSCR number going in. We can back-calculate the minimum rent needed to hit 1.0 before you're under contract.
If you're comparing DSCR to a conventional investment loan, the key difference is documentation. Conventional requires two years of tax returns and debt-to-income underwriting.
DSCR skips all of that. It's slower to process than conventional but far more flexible for investors with complex financials or multiple properties.
Hollister's rental pool leans toward long-term tenants — agricultural workers, commuters to the Bay Area, and local families. That's stable income for DSCR purposes.
San Benito County has limited new construction. That keeps vacancy low and supports the rent figures lenders need to see on the appraisal.
Most lenders want 1.0 or above. Some go to 0.75 with 25-30% down and stronger credit.
Some lenders allow it using AirDNA data. Fewer lenders participate, and rates are typically higher for STR properties.
No, but most DSCR lenders allow LLC vesting. Some investors prefer it for liability reasons.
The appraiser provides a market rent schedule. That number — not your projection — is what lenders use to calculate your ratio.
Plan for 20-25% down on most deals. Lower DSCR ratios or lower credit scores push that number higher.
Yes, typically. Non-QM pricing carries a premium. Rates vary by borrower profile and market conditions.