Question 1

What credit score do I need for an investor loan in Los Altos Hills?

Accepted Answer

Most non-QM investor loans start at 680. Stronger scores get better rates. Rates vary by borrower profile and market conditions.

Question 2

Can I use rental income to qualify instead of my W-2?

Accepted Answer

Yes. DSCR loans qualify you based on the property's rental income. Your personal tax returns are not required.

Question 3

How much do I need to put down on an investment property here?

Accepted Answer

Plan for 20-25% down on most investor loan programs. Some lenders go lower, but pricing gets worse fast below 20%.

Question 4

Are there loan limits for investor loans in Santa Clara County?

Accepted Answer

Non-QM investor loans are not subject to conforming limits. You can borrow well above the county's conventional ceiling.

Question 5

How fast can an investor loan close in Los Altos Hills?

Accepted Answer

DSCR loans typically close in 2-3 weeks. Hard money lenders can close in days. Timeline depends on the lender and documentation.

Question 6

Can I finance multiple properties at once using investor loans?

Accepted Answer

Yes. Unlike conventional loans, DSCR and non-QM programs don't cap you at 10 financed properties. Portfolio lenders often have no limit.

Investor Loans in Los Altos Hills, CA