Question 1

What DSCR ratio do I need to qualify in Los Altos?

Accepted Answer

Most lenders want a 1.1 DSCR or higher. Some allow 1.0, but expect a higher rate or larger down payment.

Question 2

Can I use projected rent instead of actual rent?

Accepted Answer

Yes. Most DSCR lenders accept an appraiser's market rent estimate. This helps on new acquisitions with no lease in place.

Question 3

Does Los Altos rental income qualify for short-term rental DSCR?

Accepted Answer

Some lenders allow Airbnb income using platform data. Not all do — this depends on the lender and property type.

Question 4

Can I close a DSCR loan in an LLC in California?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. California does charge an $800 annual LLC minimum franchise tax.

Question 5

How fast can a DSCR loan close in Los Altos?

Accepted Answer

Typical timeline is 3-4 weeks. Some lenders push faster if the appraisal comes back quickly.

Question 6

Are DSCR loans available for multifamily in Santa Clara County?

Accepted Answer

Yes. Most DSCR lenders cover 1-4 unit properties. Some go up to 8 units on portfolio products.

DSCR Loans in Los Altos, CA — Qualify on Rental Income