Question 1

Can I use Airbnb income to qualify for a DSCR loan in Solvang?

Accepted Answer

Some lenders accept short-term rental projections using market data. Not all do — lender selection matters here.

Question 2

What DSCR ratio do I need to get approved?

Accepted Answer

Most lenders target 1.0 or above. Some allow below 1.0 with a larger down payment. Rates vary by borrower profile and market conditions.

Question 3

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. DSCR loans qualify on property income, not personal income. Tax returns are not required.

Question 4

How much do I need to put down on a Solvang investment property?

Accepted Answer

Most DSCR programs require 20-25% down. Exact requirements depend on lender, credit profile, and property type.

Question 5

Are DSCR loans available for vacation rentals in Santa Barbara County?

Accepted Answer

Yes, but confirm STR zoning compliance first. Lenders will require proof the property is legally rentable.

DSCR Loans in Solvang: Finance Investment Property on Rental Income