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Shasta Lake sits in Shasta County — a smaller market with real rental demand. Investors here don't need to compete with Bay Area prices to find cash-flowing properties.
DSCR loans qualify you on rental income, not W-2s. That makes them a direct fit for investors buying in affordable inland markets like this one.
620+
Min Credit Score
1.0 – 1.25
Min DSCR Ratio
20 – 25%
Down Payment
None
Income Docs Required
DSCR Loans in Shasta Lake
Lenders look at one ratio: monthly rent divided by monthly debt payment. A DSCR of 1.0 means rent covers the payment. Most lenders want 1.1 or higher.
Credit minimums typically start at 620. Expect 20-25% down. 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 Shasta Lake.
Shasta Lake sits in Shasta County — a smaller market with real rental demand. Investors here don't need to compete with Bay Area prices to find cash-flowing properties.
DSCR loans qualify you on rental income, not W-2s. That makes them a direct fit for investors buying in affordable inland markets like this one.
Lenders look at one ratio: monthly rent divided by monthly debt payment. A DSCR of 1.0 means rent covers the payment. Most lenders want 1.1 or higher.
Most retail banks won't touch DSCR loans. These are non-QM products — meaning they don't follow standard agency rules.
We work with 200+ wholesale lenders who offer DSCR programs. That matters in a smaller market like Shasta Lake, where fewer lenders compete.
The deal that breaks down most often? Investors underestimate the appraiser's rent schedule. Lenders use market rent from the appraisal — not what you think you can charge.
In Shasta Lake, rents are modest. Run your numbers before you commit. A property that cash flows at your target rent may not hit 1.1 DSCR at the appraised rent figure.
Bank statement loans also skip tax returns, but they require 12-24 months of personal bank statements. DSCR skips personal income entirely.
Hard money is faster but expensive — rates can run several points higher. DSCR is the longer-term hold solution for stabilized rentals.
Shasta Lake is a small city near Shasta Dam and the lake recreation area. That creates some short-term rental activity, but lenders are cautious about STR income.
If you're planning an Airbnb strategy, confirm upfront that your lender will credit STR income. Many won't — and that changes your DSCR math significantly.
Most lenders want a DSCR of 1.1 or higher. Some go as low as 1.0 for strong borrowers.
Most DSCR lenders use long-term market rent from the appraisal. Short-term rental income is often excluded.
No. DSCR loans qualify on the property's rental income. Your tax returns and pay stubs aren't required.
Plan for 20-25% down. Some lenders require more depending on property type and credit score.
Yes. Single-family rentals are a common DSCR property type. 2-4 unit properties also qualify with most lenders.