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Mount Shasta draws investors for a reason. The mountain, the mystique, and the short-term rental demand make it a real target for vacation property buyers.
DSCR loans fit this market well. Lenders look at what the property earns — not your W-2 or tax returns.
620+
Min Credit Score
1.0 – 1.1
Min DSCR Ratio
20 – 25%
Down Payment
None
Income Docs Required
Non-QM
Loan Type
DSCR Loans in Mount Shasta
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by the monthly mortgage payment. A ratio of 1.0 means income covers the debt exactly.
Most lenders want a DSCR of 1.1 or higher. Credit score minimums typically start at 620. Expect 20-25% down on investment properties.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Mount Shasta.
Mount Shasta draws investors for a reason. The mountain, the mystique, and the short-term rental demand make it a real target for vacation property buyers.
DSCR loans fit this market well. Lenders look at what the property earns — not your W-2 or tax returns.
DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rent by the monthly mortgage payment. A ratio of 1.0 means income covers the debt exactly.
DSCR is a non-QM product. Not every lender offers it. Retail banks almost never do — this is a wholesale and private lending product.
We work with 200+ wholesale lenders. Several specialize in DSCR for vacation markets like Mount Shasta. Rates vary by borrower profile and market conditions.
STR income can be tricky to document. Some lenders use Airbnb or VRBO projections from an appraiser. Others want 12 months of actual rental history.
New properties without history aren't dead in the water. A market rent analysis from the appraisal can substitute on many programs.
Bank Statement loans work if you have business income to show. Hard Money moves faster but costs more. DSCR sits in the middle — asset-focused, investor-friendly, and longer-term.
Conventional investment loans require full income docs and cap at 10 financed properties. DSCR skips the income check and has no hard cap on your portfolio size.
Mount Shasta sits in Siskiyou County, a rural market. Appraisers may have limited comps. That can affect the rent schedule the appraiser provides — and your DSCR.
Properties near the mountain, the lake, or hiking access command higher short-term rates. Location within the market genuinely moves the DSCR math.
Select lenders accept appraiser-estimated STR income. You don't need 12 months of history on every program.
Most lenders want 1.1 or above. Some programs allow 1.0, but expect a higher rate or larger down payment.
Yes. Most DSCR programs allow LLC vesting. That's actually one reason investors prefer DSCR over conventional financing.
It can be. Rural designation affects appraisal comps. Work with a lender experienced in Siskiyou County properties.
Plan for 20-25% down. Some lenders require more for short-term rental properties or rural locations.
Yes. DSCR cash-out is available. The property's income still needs to cover the new, higher payment.