Question 1

Can I use a DSCR loan to buy in Los Altos?

Accepted Answer

Yes, but rents must cover your mortgage payment. High Los Altos prices make achieving a 1.0 DSCR harder — run the numbers carefully.

Question 2

Do conventional loans check rental income too?

Accepted Answer

Yes. Conventional lenders can count rental income, but they still verify your personal income and debt-to-income ratio.

Question 3

What credit score do DSCR loans require?

Accepted Answer

Most DSCR lenders want 660 or higher. Better scores get better rates and lower reserve requirements.

Question 4

Can an LLC get a DSCR loan?

Accepted Answer

Yes. DSCR loans are one of the few programs that allow title to be held in an LLC. Conventional loans do not allow this.

Question 5

Which loan closes faster in Santa Clara County?

Accepted Answer

DSCR loans can close faster since there's no income verification process. Conventional loans need full doc review, which takes longer.

Conventional vs DSCR Loans in Los Altos, CA