Question 1

What DSCR ratio do I need to qualify in Saratoga?

Accepted Answer

Most lenders require 1.0 or higher. Some allow 0.75 with a lower LTV and stronger credit profile.

Question 2

Can I use projected rent to qualify on a DSCR loan?

Accepted Answer

Yes — most lenders use an appraiser's market rent estimate if the property isn't currently leased. A signed lease is stronger.

Question 3

Do DSCR loans work for Saratoga condos?

Accepted Answer

Some lenders allow it, but condo projects must meet approval standards. HOA litigation history can kill the deal.

Question 4

What's the typical down payment on a DSCR loan?

Accepted Answer

Plan for 20-25% down. Some lenders go up to 30% on higher loan amounts common in Santa Clara County.

Question 5

Can I use short-term rental income for DSCR qualification?

Accepted Answer

Some lenders accept it using market data platforms. Others require 12 months of documented rental history.

Question 6

How fast can a DSCR loan close in California?

Accepted Answer

Typically 21-30 days with a clean file. DSCR loans skip income verification, which removes a major delay.

DSCR Loans in Saratoga, CA: Finance Investment Property on Rental Income