Loading
Loading
La Mesa sits in the heart of San Diego County — a rental market with steady tenant demand and limited housing supply.
Investors here compete hard for deals. Having financing ready before you make an offer is not optional.
680 (most programs)
Min Credit Score
20-25%
Min Down Payment
None (DSCR)
Income Docs Required
21-30 days
Typical Close Time
Varies by program
Rate Type
Investor Loans in La Mesa
Investor loans are non-QM products. Lenders qualify you on the property's income, not your W-2 or tax returns.
Most DSCR lenders want a 680+ credit score and 20-25% down. The property must cash-flow at a 1.0 DSCR or better.
Local decision guide
Use this guide to connect investor loans eligibility, lender expectations, and local market factors before comparing payment options in La Mesa.
La Mesa sits in the heart of San Diego County — a rental market with steady tenant demand and limited housing supply.
Investors here compete hard for deals. Having financing ready before you make an offer is not optional.
Investor loans are non-QM products. Lenders qualify you on the property's income, not your W-2 or tax returns.
Retail banks rarely offer true investor-friendly programs. Most pull back fast when they see LLCs or multiple financed properties.
We work with 200+ wholesale lenders. Several specialize in DSCR, bridge, and fix-and-flip programs built for California investors.
The most common mistake I see investors make: using a conventional lender and hitting the 10-property Fannie Mae cap too soon.
DSCR loans have no such cap. If the unit cash-flows, we can keep stacking properties into your portfolio.
Conventional investment loans are cheaper on rate but strict on DTI, employment, and property count.
DSCR and hard money trade a higher rate for speed, flexibility, and no income documentation. For active investors, that tradeoff is often worth it.
La Mesa has a strong mix of single-family rentals and small multifamily. Both asset types work well for DSCR financing.
San Diego County's rental vacancy rates stay low. That helps investors hit the DSCR minimums lenders require.
No. You can vest in your personal name. Many investors prefer LLCs for liability protection, and most of our lenders allow it.
DSCR loans typically close in 21-30 days. Hard money can close in 7-10 days when the deal is clean.
Yes. On DSCR loans, the subject property's rent is what qualifies you. Your personal income is not used.
Most lenders we work with want 680 or higher. Some programs go down to 660 with stronger down payments.
Some lenders accept Airbnb or VRBO income at market rent. Not every lender allows it — we know which ones do.
DSCR means Debt Service Coverage Ratio — monthly rent divided by monthly payment. Lenders want 1.0 or higher.