Loading
Loading
Sunnyvale sits at the core of Silicon Valley. Rental demand here is driven by tech workers, and that demand keeps occupancy rates strong.
Strong rents are exactly what DSCR lenders want to see. A property that covers its own debt service is the whole game with this loan type.
680 typical
Min Credit Score
1.1x preferred
Min DSCR Ratio
20-25% min
Down Payment
Up to 30-year fixed
Loan Term
6-12 months PITI
Reserves Required
DSCR Loans in Sunnyvale
DSCR lenders calculate one number: gross rent divided by total monthly debt. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
Credit still matters. Most DSCR programs require a 680 minimum score. Expect a 20-25% down payment on a non-owner investment property.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Sunnyvale.
Sunnyvale sits at the core of Silicon Valley. Rental demand here is driven by tech workers, and that demand keeps occupancy rates strong.
Strong rents are exactly what DSCR lenders want to see. A property that covers its own debt service is the whole game with this loan type.
DSCR lenders calculate one number: gross rent divided by total monthly debt. A ratio of 1.0 means the property breaks even. Most lenders want 1.1 or higher.
DSCR is a non-QM product. That means retail banks and credit unions rarely touch it. You need a wholesale lender with a real non-QM shelf.
We work with 200+ wholesale lenders, and a solid chunk of them offer DSCR programs. Terms vary widely — rate, prepayment penalty, and reserve requirements are all negotiable depending on the deal.
The tightest deals I see fall apart on reserves. Most DSCR lenders require 6-12 months of principal, interest, taxes, and insurance sitting in a verified account after closing.
Sunnyvale rents are high enough that single-family rentals often hit a 1.2+ DSCR easily. That gives you pricing power with lenders. Use it.
Bank Statement loans look at your personal deposits. DSCR ignores your income entirely. If you own a business with complex write-offs, DSCR is cleaner.
Hard Money moves faster but carries higher rates and short terms. DSCR gives you a 30-year fixed option. For a buy-and-hold rental, that structure wins.
Santa Clara County loan limits for conventional financing are high, but DSCR loans are not bound by conforming limits. That matters in Sunnyvale where purchase prices run well above conforming thresholds.
Sunnyvale's rental market has tight vacancy. Lenders underwriting DSCR deals here generally view that as a positive. Appraisers will pull local rent comps — make sure your subject property matches them.
Most lenders want a 1.1 DSCR or higher. Some allow 1.0 with stronger credit or larger down payment.
Yes. Most DSCR lenders allow LLC vesting. Confirm before you open the entity — some lenders have specific requirements.
No. DSCR qualifies on rental income only. Your W-2 or tax returns stay out of the file.
Some lenders allow it with 12 months of rental history. Not every DSCR program accepts short-term rental income.
Many lenders have no hard cap. Some limit to 10 financed properties. Portfolio growth is one of DSCR's real advantages.
Most programs start at 680. Better scores push rates down. Below 680, options get thin.