Question 1

What DSCR ratio do I need to qualify in Shasta Lake?

Accepted Answer

Most lenders want a DSCR of 1.1 or higher. Some go as low as 1.0 for strong borrowers.

Question 2

Can I use Airbnb income to qualify for a DSCR loan?

Accepted Answer

Most DSCR lenders use long-term market rent from the appraisal. Short-term rental income is often excluded.

Question 3

Do I need to show my personal income for a DSCR loan?

Accepted Answer

No. DSCR loans qualify on the property's rental income. Your tax returns and pay stubs aren't required.

Question 4

How much do I need to put down on a DSCR loan in Shasta County?

Accepted Answer

Plan for 20-25% down. Some lenders require more depending on property type and credit score.

Question 5

Can I use a DSCR loan on a single-family rental in Shasta Lake?

Accepted Answer

Yes. Single-family rentals are a common DSCR property type. 2-4 unit properties also qualify with most lenders.

DSCR Loans in Shasta Lake, CA