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Saratoga sits in one of California's most expensive ZIP codes. Single-family rentals here command premium rents — and that cash flow is exactly what DSCR lenders look at.
DSCR loans skip your W-2 or tax returns entirely. The property's rent-to-debt ratio drives approval, which makes them a natural fit for Silicon Valley investors.
620 (700+ preferred)
Min Credit Score
1.0x
Min DSCR Ratio
20–25% typical
Down Payment
21–30 days
Est. Close Time
Non-QM / Investor
Loan Type
DSCR Loans in Saratoga
Most DSCR lenders want a ratio of 1.0 or higher. That means monthly rent must cover the full mortgage payment — principal, interest, taxes, and insurance.
Expect a minimum 620 credit score. Better scores unlock lower rates. Most investors we work with target 700+ for the best terms. Rates vary by borrower profile and market conditions.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Saratoga.
Saratoga sits in one of California's most expensive ZIP codes. Single-family rentals here command premium rents — and that cash flow is exactly what DSCR lenders look at.
DSCR loans skip your W-2 or tax returns entirely. The property's rent-to-debt ratio drives approval, which makes them a natural fit for Silicon Valley investors.
Most DSCR lenders want a ratio of 1.0 or higher. That means monthly rent must cover the full mortgage payment — principal, interest, taxes, and insurance.
Banks rarely offer DSCR products. This is a wholesale and non-QM lender space. At SRK CAPITAL, we shop across 200+ lenders — including specialists who understand high-value California rental markets.
Lender overlays vary widely on DSCR. One lender may cap at 75% LTV on a Saratoga condo. Another prices short-term rental income differently. Program details matter here.
Saratoga properties often appraise high but don't always pencil out on DSCR. A $2.5M home with a $6,500 monthly rent won't hit 1.0. Run the math before you fall in love with a deal.
Short-term rental income is a mixed bag with DSCR lenders. Some accept Airbnb market data. Others want 12 months of actual rental history. Know which lender you're using before you close escrow.
Hard money loans close faster but cost more. DSCR loans price closer to conventional investor rates and offer 30-year fixed terms — much easier to hold long-term.
Bank statement loans look at your personal deposits. DSCR loans ignore your personal income entirely. If the property pays for itself, DSCR is almost always the cleaner path.
Saratoga is in Santa Clara County, one of the highest-cost areas in the state. Loan amounts on investment properties here will typically be jumbo — above conforming limits. DSCR lenders have varying caps on loan size.
The local rental market skews toward long-term, high-income tech tenants. That tenant profile is a positive signal to DSCR underwriters evaluating market rent stability.
Most lenders require 1.0 or higher. Some allow 0.75 with a lower LTV and stronger credit profile.
Yes — most lenders use an appraiser's market rent estimate if the property isn't currently leased. A signed lease is stronger.
Some lenders allow it, but condo projects must meet approval standards. HOA litigation history can kill the deal.
Plan for 20-25% down. Some lenders go up to 30% on higher loan amounts common in Santa Clara County.
Some lenders accept it using market data platforms. Others require 12 months of documented rental history.
Typically 21-30 days with a clean file. DSCR loans skip income verification, which removes a major delay.