Question 1

Can I use short-term rental income to qualify?

Accepted Answer

Some lenders accept market rent from an appraiser. Others require a signed lease. Airbnb projections alone won't cut it.

Question 2

Do I need to buy in my own name or can I use an LLC?

Accepted Answer

Most non-QM lenders allow LLC vesting. It won't hurt your rate significantly and many Del Mar investors prefer it.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most lenders start at 620. A 700+ score gets you meaningfully better pricing on a Del Mar-priced investment property.

Question 4

How much down payment is required?

Accepted Answer

Plan for 20-25% down. Some lenders go to 30% on higher loan amounts or lower DSCR deals.

Question 5

How fast can an investor loan close in Del Mar?

Accepted Answer

DSCR loans typically close in 21-30 days. Hard money can close in under 2 weeks if the deal is clean.

Question 6

Are investor loan rates higher than primary home rates?

Accepted Answer

Yes. Expect investor pricing to run 1-2 points above a comparable primary residence rate. Rates vary by borrower profile and market conditions.

Investor Loans in Del Mar, CA — Built for Serious Buyers