Question 1

Can I use projected rental income to qualify for an investor loan in Mount Shasta?

Accepted Answer

Yes, through DSCR loans. Lenders use market rent surveys or signed leases to calculate debt service coverage—most require 1.0-1.25x the monthly payment.

Question 2

What down payment do first-time investors need in Siskiyou County?

Accepted Answer

Expect 20-25% down with no prior investment experience. Larger reserves also required—typically six months of property expenses in verified accounts.

Question 3

How do vacation rental restrictions affect investor loan approval?

Accepted Answer

Lenders verify zoning allows your intended use. If short-term rentals are restricted, you'll need long-term rental comps to justify income projections instead.

Question 4

Do hard money lenders finance Mount Shasta fix-and-flip projects?

Accepted Answer

Yes, but they want clear exit strategies. Rates run 9-12% with 12-24 month terms—renovate fast and refinance into DSCR or sell to repay.

Question 5

Can I use crypto assets for down payment or reserves on investor loans?

Accepted Answer

Some non-QM lenders now accept verified cryptocurrency holdings for reserves. Down payments still need liquidated funds, but reserve requirements can include crypto on select programs.

Investor Loans in Mount Shasta: Financing Your Northern California Rental Portfolio