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, Bank Statement is the non-QM option.

Question 2

What credit score do I need for either loan?

Accepted Answer

Most lenders want 660 or higher for both. Some programs go lower, but terms get tighter fast below that threshold.

Question 3

How much do I need to put down?

Accepted Answer

Expect 20 to 25 percent down for DSCR. Bank Statement loans can go as low as 10 percent depending on the lender.

Question 4

Can I use an LLC for a DSCR loan in San Bernardino?

Accepted Answer

Yes, many DSCR lenders allow LLC vesting. That's one reason investors prefer it for building a portfolio.

Question 5

Which loan closes faster?

Accepted Answer

DSCR often moves quicker — there's no personal income analysis. Bank Statement underwriting takes more time to review deposits.

Question 6

Does SRK CAPITAL offer both loan types?

Accepted Answer

Yes. SRK CAPITAL works with 200+ wholesale lenders and can shop both programs to find the best fit for your deal.

Bank Statement vs DSCR Loans in San Bernardino