Question 1

What DSCR ratio do I need in Santa Clara?

Accepted Answer

Most lenders want 1.0 or above. Some go to 0.75 with 25-30% down.

Question 2

Can I use projected rent to qualify?

Accepted Answer

Yes. Lenders use the appraiser's market rent estimate. Actual lease not required.

Question 3

Do DSCR loans work for short-term rentals?

Accepted Answer

Some lenders allow it. They use the appraisal's market rent, not Airbnb income history.

Question 4

Can I close a DSCR loan in an LLC?

Accepted Answer

Many DSCR lenders allow LLC vesting. Confirm before you apply — not all do.

Question 5

How much do I need to put down in Santa Clara?

Accepted Answer

Expect 20-25% minimum. Higher loan amounts or lower DSCR may require more.

Question 6

How is DSCR different from a conventional investor loan?

Accepted Answer

DSCR qualifies you on rental income only. No W-2s, tax returns, or personal DTI review.

DSCR Loans in Santa Clara: Qualify on Rental Income