Question 1

Can I use projected rent if the property is vacant?

Accepted Answer

Yes. Lenders order a rent analysis from the appraisal to determine market rent. That projected number qualifies you even with no current tenant.

Question 2

Do I need reserves for a DSCR loan in Campbell?

Accepted Answer

Most lenders want 6-12 months of mortgage payments in reserves. Higher DSCR ratios sometimes reduce this requirement to 3-6 months.

Question 3

Can I refinance a Campbell rental I already own?

Accepted Answer

Absolutely. DSCR cash-out refinances work the same way—we qualify you on current rental income without pulling tax returns or pay stubs.

Question 4

What if my Campbell property has multiple units?

Accepted Answer

DSCR handles 2-4 unit properties. Total rent from all units counts toward your DSCR calculation, making duplexes and triplexes easier to qualify.

Question 5

How does DSCR work if I bought the property in an LLC?

Accepted Answer

DSCR loans close in LLC or personal names with no difference in rate or terms. The entity structure doesn't affect approval or pricing.

DSCR Loans in Campbell: Finance Rentals Without Tax Returns