Question 1

Can I use a DSCR loan to buy a primary residence?

Accepted Answer

No. DSCR loans are for investment properties only. For a primary home, you need conventional or a government-backed loan.

Question 2

What credit score does a DSCR loan require?

Accepted Answer

Most DSCR lenders want 660 or higher. Some go to 640, but rates get worse fast below 700.

Question 3

Do conventional loans allow rental income to qualify?

Accepted Answer

Yes, with limits. Lenders typically require a signed lease and may only count 75% of the rental income.

Question 4

Can I close a DSCR loan in an LLC name?

Accepted Answer

Yes. That's one of the biggest advantages over conventional loans, which require you to close in your personal name.

Question 5

Which loan has a lower interest rate in Adelanto?

Accepted Answer

Conventional rates are generally lower. DSCR lenders price in more risk. Rates vary by borrower profile and market conditions.

Question 6

How many DSCR loans can I have at once?

Accepted Answer

There's no hard cap like conventional's 10-loan limit. Many investors build large portfolios using DSCR across multiple lenders.

Conventional vs DSCR Loans in Adelanto, CA