Question 1

Can I use hard money to buy a rental, then refinance into a DSCR loan?

Accepted Answer

Yes — this is a common strategy. Buy and stabilize with hard money, then refinance into DSCR once the property has rental income.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want at least a 620. Some go lower depending on LTV and the property's cash flow.

Question 3

Do hard money lenders care about my credit?

Accepted Answer

Some do a soft pull, but most decisions are based on the asset. A strong deal can still close with bruised credit.

Question 4

What DSCR ratio do lenders require?

Accepted Answer

Most lenders require a 1.0 DSCR minimum. That means rent must at least equal the full mortgage payment.

Question 5

Which loan closes faster in San Bernardino?

Accepted Answer

Hard money wins on speed — sometimes 5 to 10 days. DSCR typically takes 2 to 4 weeks to close.

Question 6

Can I get both DSCR and hard money loans at SRK CAPITAL?

Accepted Answer

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

DSCR Loans vs Hard Money Loans in San Bernardino