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DSCR Loans in Dixon
Dixon sits 20 minutes from Vacaville and Davis, attracting renters who work in those cities but want cheaper housing. Properties here generate steady rental income without the Bay Area price tags.
DSCR loans work well in Dixon because rents cover conservative mortgage payments. You qualify based on what the property earns, not your tax returns or paystubs.
This loan type lets you buy rental properties without proving personal income. The property finances itself through rent—lenders only care if the numbers work.
You need a 620 minimum credit score and 20-25% down. Lenders calculate the property's monthly rent divided by your total monthly payment (PITI).
That ratio is called DSCR. Most lenders want 1.0 or higher—meaning rent equals or exceeds the payment. Some accept 0.75 DSCR if you put more down.
No tax returns, no pay stubs, no employment letters. Just an appraisal with a rent schedule and your down payment funds.
DSCR lenders are wholesale—most borrowers can't access them directly. You need a broker with non-QM lender relationships.
Rates run 1-2% higher than conventional loans because there's no income verification. Expect 7-9% depending on credit and down payment.
Some lenders cap at $2M, others go to $4M+. Dixon properties rarely hit those limits, so you have more lender options than in pricier counties.
Dixon investors often use DSCR loans to scale portfolios without hitting DTI limits. Your fourth rental doesn't count against your income ratios like it would on conventional.
Watch the appraisal's market rent figure—if it comes in low, your DSCR drops and you might need more down. Get a broker opinion of value before you go hard on inspections.
I see Dixon deals close in 21-30 days with DSCR loans. They're faster than conventional investor loans because there's no income underwriting maze.
Conventional investor loans require full income docs and cap at 10 financed properties. DSCR has no property count limit and ignores your W-2 entirely.
Bank statement loans work if you're self-employed buying a primary home. DSCR works for any investor buying a rental—no personal income needed.
Hard money works for fast rehabs with 9-12% rates. DSCR is cheaper long-term financing once the property is rent-ready.
Dixon rental demand comes from Vacaville commuters and UC Davis employees. Single-family homes near downtown Dixon rent faster than houses on the outskirts.
Solano County property taxes run about 1.1-1.2% of assessed value. Factor that into your DSCR calculation—lenders include taxes and insurance in debt service.
Most Dixon rentals are 3-bed single-family homes. Appraisers pull rent comps from the same neighborhoods, so market rent estimates are reliable.
Most DSCR lenders require 12-month leases and won't accept Airbnb income. A few will count short-term rental income with two years of tax returns showing it.
The appraiser estimates market rent based on comparable properties. You don't need a tenant in place—just proof the rent will cover the payment.
Yes. You can pull equity from a rental property using DSCR as long as the new payment still meets the ratio. Rate-and-term refis work too.
Your monthly rent needs to equal or exceed your PITI payment for 1.0 DSCR. Lower ratios require larger down payments or higher credit scores.
Yes. There's no property count limit. Each loan qualifies independently based on that property's rent covering its own debt service.
Mortgage financing for independent contractors and freelancers who earn 1099 income instead of traditional W-2 wages.
Mortgage programs that allow borrowers to qualify based on liquid assets rather than traditional employment income.
Non-QM loans that use 12 to 24 months of bank statements to verify income for self-employed borrowers.
Short-term financing that bridges the gap between buying a new property and selling an existing one.
Mortgage programs designed for non-US citizens and non-permanent residents who want to purchase property in the United States.
Asset-based short-term loans primarily used by real estate investors for property acquisition and renovation projects.
Mortgages that allow borrowers to pay only the interest for an initial period, resulting in lower monthly payments upfront.
Financing solutions tailored for real estate investors purchasing rental properties, fix-and-flip projects, or investment portfolios.
Home loans for borrowers who have an Individual Taxpayer Identification Number instead of a Social Security number.
Adjustable rate mortgages held in a lender's portfolio rather than sold on the secondary market, offering more flexible terms.
Non-QM mortgages that use a CPA-prepared profit and loss statement to verify income for self-employed borrowers.
Home loans with interest rates that adjust periodically based on market conditions after an initial fixed-rate period.
Specialized mortgage programs designed to support homeownership in underserved communities with flexible qualification criteria.
Mortgages that meet the guidelines and loan limits set by Fannie Mae and Freddie Mac for secondary market purchase.
Financing for building a new home or making major renovations, typically converting to a permanent mortgage upon completion.
Traditional mortgage financing not backed by a government agency, offering flexible terms and competitive rates for qualified borrowers.
Innovative loan products that leverage projected home equity growth to provide favorable financing terms.
Government-insured mortgages from the Federal Housing Administration with low down payments and flexible credit requirements.
A revolving line of credit secured by your home equity that allows you to borrow funds as needed during a draw period.
A fixed-rate second mortgage that provides a lump sum of cash by borrowing against the equity built in your home.
Mortgages that exceed the conforming loan limits set by the FHFA, designed for financing high-value luxury properties.
Loans for homeowners aged 62 and older that convert home equity into cash without requiring monthly mortgage payments.
Government-backed zero down payment mortgages for eligible rural and suburban homebuyers who meet income limits.
Government-guaranteed mortgages for eligible veterans, active-duty service members, and surviving spouses with zero down payment.