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San Bernardino is one of the most investor-active markets in the Inland Empire. Low acquisition costs and strong rental demand make cash flow deals realistic here.
DSCR loans — Debt Service Coverage Ratio loans — let your rental income do the qualifying. Your W-2 or tax returns stay out of the picture entirely.
620
Min Credit Score
1.1x
Min DSCR Ratio
20-25%
Min Down Payment
6.27% (Bankrate)
Benchmark Rate
21-30 days
Est. Close Time
Lenders calculate your DSCR by dividing the property's monthly rent by its monthly mortgage payment. A ratio of 1.0 means rent covers the payment exactly.
Most lenders want a DSCR of 1.1 or higher. Credit score minimums typically start at 620, and down payments usually range from 20 to 25 percent.
DSCR is a non-QM loan. That means retail banks rarely offer it. You need a broker with access to wholesale non-QM lenders — that's exactly our lane.
We work with 200+ wholesale lenders, including non-QM specialists who price DSCR competitively. Rates vary by borrower profile and market conditions.
Bankrate's latest lender survey shows mortgage rates at 6.27% despite the Fed holding steady. For DSCR borrowers, rising rates compress your coverage ratio — a property that cash-flowed six months ago may not pencil today.
Run the numbers before you make an offer. At 6.27% on a 30-year DSCR loan, your rent needs to clear the mortgage payment by a meaningful margin. Rates vary by borrower profile and market conditions.
Hard money loans close faster but cost more. DSCR loans offer 30-year fixed terms — hard money loans rarely go beyond 12 to 24 months.
Bank Statement loans verify income differently but still require personal income docs. DSCR skips that entirely. For pure rental investments, DSCR is usually the cleaner structure.
San Bernardino has a large renter population. That supports consistent occupancy, which is what DSCR lenders care about when they review your deal.
Property values here are lower than coastal California. That means smaller loan balances, which makes hitting a 1.1 DSCR more achievable than in LA or Orange County.
Most lenders want 1.1 or higher. That means rent must exceed your monthly mortgage payment by at least 10 percent.
Yes. Most DSCR lenders accept a market rent appraisal for vacant properties. The appraiser determines the fair market rent figure.
Yes, up to 4 units typically qualifies as residential DSCR. Larger properties require commercial DSCR underwriting.
Most non-QM lenders start at 620. Better rates and terms come at 700 and above.
Typically 21 to 30 days with a clean file. No personal income docs means fewer conditions to clear.
Yes. DSCR lenders evaluate each property independently. Many investors hold five or more DSCR loans simultaneously.
DSCR Loans in San Bernardino