Question 1

Do I need to show personal income for a DSCR loan in Loma Linda?

Accepted Answer

No. DSCR loans qualify on the property's rental income, not yours. No tax returns or pay stubs required.

Question 2

What credit score do I need for an investor loan?

Accepted Answer

Most DSCR programs start at 640. Better scores get better rates. Rates vary by borrower profile and market conditions.

Question 3

Can I use a DSCR loan for a fix-and-flip in Loma Linda?

Accepted Answer

No. Fix-and-flip projects need hard money or bridge financing. DSCR is built for stabilized, income-producing rentals.

Question 4

How much do I need to put down on an investment property?

Accepted Answer

Plan on 20-25% down for most investor loan programs. Some hard money lenders go higher, depending on the deal.

Question 5

How fast can an investor loan close in Loma Linda?

Accepted Answer

Hard money can close in days. DSCR loans typically take 2-4 weeks. Bridge loans vary by deal complexity.

Question 6

What loan programs does SRK CAPITAL offer investors in Loma Linda?

Accepted Answer

SRK CAPITAL shops DSCR, hard money, bridge, and interest-only programs across 200+ wholesale lenders to match your strategy.

Investor Loans in Loma Linda, CA