Question 1

Can I use both programs at the same time?

Accepted Answer

Yes. You can have a bank statement loan on your primary and DSCR loans on your rentals. Each property underwrites separately.

Question 2

Which program has lower rates?

Accepted Answer

Bank statement loans usually price better when your cash flow is strong. DSCR rates run higher because the lender ignores your income entirely.

Question 3

Do both programs allow cash-out refinances?

Accepted Answer

Yes. Both offer cash-out refis. DSCR programs often allow higher leverage on investment properties than bank statement loans do.

Question 4

Can I qualify for DSCR if the property doesn't cash flow yet?

Accepted Answer

Most lenders want a 1.0 DSCR minimum. Some go as low as 0.75 with a larger down payment and strong reserves.

Question 5

Which program is faster to close?

Accepted Answer

DSCR closes faster. No income docs means less back-and-forth. Bank statements require underwriters to review months of deposits.

Bank Statement Loans vs DSCR Loans: Which Non-QM Option Fits Your Atherton Deal?