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Campbell sits in Santa Clara County where OpenAI just leased a massive Mountain View office complex, signaling sustained tech-sector growth. Investment property buyers here are financing rental income, not just personal residence plans.
DSCR loans let you qualify based on the property's cash flow rather than your W-2 income. That matters in Campbell, where a $1.2M rental property with strong tenant income can close without personal income verification.
620
Minimum FICO
20-25%
Typical Down Payment
1.0 or higher
Coverage Ratio Target
30-45 days
Underwriting Timeline
$1,249,125
2026 Conforming Limit
DSCR Loans in Campbell
DSCR loans require a 620 FICO minimum and typically 20-25% down. The lender underwrites based on the rental property's debt-service coverage ratio — usually 1.0 or higher. Your personal income doesn't drive approval; the property's monthly rent does.
Santa Clara County's median household income of $159,674 buys a $600K-$750K primary residence comfortably. But DSCR borrowers in Campbell often finance $1M+ rental properties where the tenant's rent covers the mortgage, taxes, and insurance without touching...
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Campbell.
Campbell sits in Santa Clara County where OpenAI just leased a massive Mountain View office complex, signaling sustained tech-sector growth. Investment property buyers here are financing rental income, not just personal residence plans.
DSCR loans let you qualify based on the property's cash flow rather than your W-2 income. That matters in Campbell, where a $1.2M rental property with strong tenant income can close without personal income verification.
DSCR loans require a 620 FICO minimum and typically 20-25% down. The lender underwrites based on the rental property's debt-service coverage ratio — usually 1.0 or higher. Your personal income doesn't drive approval; the property's monthly rent does.
DSCR lending in California is dominated by portfolio lenders and non-QM specialists. Retail banks rarely offer DSCR products; most brokers source these loans from private lenders or portfolio shops that hold loans on their books.
Underwriting timelines run 30-45 days because lenders verify rental income differently than W-2 employment. They pull lease agreements, rent rolls, and sometimes 12 months of bank deposits to confirm cash flow.
DSCR loans make sense in Campbell when you're buying a rental property with documented tenant income above 1.0 coverage ratio. If the property cash flows $2,500+ monthly after debt service, DSCR pencils where a conventional loan would require you to show...
They don't work for owner-occupied homes or properties where the rent barely covers the mortgage. DSCR lenders want margin; if your coverage ratio sits at 0.85, you'll hit a wall.
Conventional loans require 20% down and full W-2 income verification. DSCR loans also need 20-25% down but skip the W-2 entirely — the property's rent is your income. If you're self-employed or have irregular income, DSCR wins.
The tradeoff: DSCR rates run higher than conventional because lenders carry portfolio risk. You pay for the flexibility to qualify on cash flow instead of employment history. In Campbell, that premium is worth it if the property's rent covers the gap.
OpenAI's new Mountain View office lease signals sustained tech employment in the region. That means stable tenants for Campbell rental properties — engineers, product managers, and startup founders who can afford $3K-$4K monthly rent.
The Silicon Valley Lunar New Year celebration in Santa Clara drew over 200 vendors and a two-day parade. Campbell's location between tech corridors and cultural hubs makes it attractive to renters seeking walkable neighborhoods.
Most DSCR lenders require 620 FICO minimum. Scores above 680 get better rates and faster approval. Your personal credit matters less than the property's cash flow, but lenders still pull your credit report.
No. DSCR loans are for investment properties only — the tenant pays the rent, not you. If you occupy the property, it's owner-occupied and conventional or FHA loans apply instead.
Typically 20-25% down. A $1M rental property requires $200K-$250K cash. Some portfolio lenders go as low as 15% for strong coverage ratios, but 20% is the market standard.
Probably not. Lenders want a debt-service coverage ratio of 1.0 or higher. If your rent barely covers the mortgage, taxes, and insurance, the lender will decline.
DSCR takes 30-45 days versus 21-30 for conventional. Lenders verify rental income through leases and bank deposits, which takes extra time. Plan for a longer close if you're buying a rental property.