Question 1

Can I use a DSCR loan on a vacant property?

Accepted Answer

Most lenders want a lease in place or proven market rents. A vacant property is a tough DSCR approval — hard money is a better bridge option.

Question 2

How fast can hard money close in Lathrop?

Accepted Answer

Some hard money lenders close in 5–10 business days. Speed depends on the lender and how quickly you provide property docs.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want 620 or higher. Better credit means better rates — and rates vary by borrower profile and market conditions.

Question 4

Do hard money lenders check credit?

Accepted Answer

Some do, some don't. Hard money is asset-based, so your credit matters less than the deal itself.

Question 5

Can I refinance hard money into a DSCR loan?

Accepted Answer

Yes. That's a common investor playbook — acquire with hard money, stabilize the property, then refi into long-term DSCR financing.

Question 6

Which loan works better for San Joaquin County rentals?

Accepted Answer

For stabilized rentals, DSCR wins on rate and term. Hard money fills the gap when you need speed or the property needs work.

DSCR vs Hard Money Loans in Lathrop, CA