Question 1

Do I need tax returns for an investor loan in Gilroy?

Accepted Answer

Not on a DSCR loan. Lenders qualify the property on rental income, not your personal taxes.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders start at 620-680. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 3

Can I use a hard money loan to flip a house in Gilroy?

Accepted Answer

Yes. Hard money is designed for that. Expect higher rates and short terms — typically 12 months.

Question 4

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

Accepted Answer

Plan for 20-25% down. Some Non-QM lenders go to 15% with stronger credit and cash flow.

Question 5

Can I buy multiple Gilroy rentals with investor loans?

Accepted Answer

DSCR loans have no property cap. You can scale your portfolio without hitting the conventional 10-property limit.

Question 6

What's the difference between a bridge loan and hard money?

Accepted Answer

Both are short-term. Hard money fits distressed acquisitions. Bridge loans typically suit cleaner properties needing quick financing.

Investor Loans in Gilroy, CA — Built for Real Deals