Question 1

Can I use rental income to qualify for an investor loan in Yreka?

Accepted Answer

Yes — DSCR loans qualify you on the property's rent, not your income. The rent needs to cover the mortgage payment, typically at a 1.0x ratio or higher.

Question 2

Do lenders have issues financing properties in Siskiyou County?

Accepted Answer

Some do. Rural counties can face appraisal and lender restrictions. Working with a broker who has wide wholesale access solves most of those problems.

Question 3

How much do I need to put down on an investment property?

Accepted Answer

Expect 20-25% down on most investor loan programs. Some hard money lenders go lower, but rates will be higher.

Question 4

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want a 680 minimum. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 5

Can I do a fix-and-flip loan in Yreka?

Accepted Answer

Yes — hard money and bridge loans both work for fix-and-flip. Expect short terms of 6-18 months and higher rates than long-term rental products.

Question 6

How fast can an investor loan close in Yreka?

Accepted Answer

Hard money can close in 7-14 days. DSCR loans typically take 21-30 days. Timeline depends on the lender and appraisal scheduling.

Investor Loans in Yreka, CA — Built for Real Estate Returns