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Investor Loans in San Juan Bautista
San Juan Bautista sits in San Benito County where tourism drives rental demand year-round. The historic mission brings visitors, while Hollister commuters seek housing alternatives.
Investor loans here work differently than traditional mortgages. Lenders qualify you on the property's income potential, not your W-2 earnings.
Most lenders require 15-25% down for investment properties in San Benito County. Your credit score needs to hit 680 minimum, though 720 gets better rates.
Cash reserves matter more than most borrowers expect. Plan for 6-12 months of mortgage payments sitting in the bank after closing.
We access 200+ wholesale lenders with different appetites for small-town California rentals. Some won't touch San Juan Bautista, others specialize in rural investment properties.
DSCR loans make up most investor financing we write here. They underwrite to the property's rent-to-payment ratio, ignoring your tax returns completely.
Short-term rental strategy faces challenges in San Juan Bautista. The city limits vacation rentals, so long-term tenants make more sense here than Airbnb plays.
I see investors succeed with single-family homes near Highway 156 or multi-family properties in the older residential blocks. Anything needing major rehab takes longer to permit than in bigger cities.
DSCR loans let you close without tax returns or employment letters. Hard money works when you need 10-day funding for a fix-and-flip, but expect 9-12% rates.
Bridge loans fill the gap when selling one property to buy another. Interest-only options lower your monthly payment but require larger down payments upfront.
San Benito County property taxes run lower than coastal California counties. That math changes your cash flow projections compared to Santa Cruz or Monterey investments.
Water and sewer capacity limits new development in San Juan Bautista. Existing housing stock holds value better when supply stays constrained.
Yes, DSCR lenders use market rent appraisals to qualify you. The property must generate 1.0-1.25x its monthly mortgage payment in rent.
Lenders review local STR ordinances during underwriting. San Juan Bautista's restrictions make long-term rental projections more reliable for approval.
Second investment properties typically require 20-25% down. Your first rental property usually needs 15-20% minimum.
Hard money loans work for rehab projects needing fast closings. Bridge loans convert to permanent financing once renovations finish.
Conservative lenders prefer larger markets with more rental comps. We work with portfolio lenders experienced in small-town California investment properties.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Debt Service Coverage Ratio loans that qualify investors based on a rental property's income rather than personal income.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.