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in Suisun City, CA
Suisun City buyers face a choice between conventional financing and investor-focused DSCR loans. Your employment status and property purpose determine which path works.
Conventional loans require W-2 income and personal qualification. DSCR loans ignore your tax returns and qualify you on rental income alone.
Conventional loans are the default choice for owner-occupants and some investors. You need stable employment, verifiable income, and credit scores starting at 620.
Rates run lower than most investor programs when you have strong credit and minimal debt. Down payments start at 3% for primary homes, 15% for investment properties.
These loans work through Fannie Mae and Freddie Mac guidelines. We shop them across 200+ wholesale lenders to find your best rate and terms.
DSCR loans qualify Suisun City investors without income verification. The property's rental income determines approval, not your 1040s or pay stubs.
You need 20-25% down and credit scores around 640. Rates run higher than conventional but approval is faster when you have complicated tax returns.
These loans make sense for self-employed borrowers who write off everything. Your CPA strategy no longer blocks your buying power.
Conventional loans beat DSCR on rate by 50-150 basis points when you qualify. You trade that rate advantage for income documentation requirements.
DSCR loans skip tax returns entirely but require larger down payments. The property must generate enough rent to cover the mortgage payment by 100-125%.
Conventional caps your investment portfolio at 10 financed properties. DSCR programs have no such limit, letting serious investors scale indefinitely.
Choose conventional if you have W-2 income and want the lowest possible rate. Choose DSCR if you're self-employed, own multiple rentals, or show minimal income on tax returns.
Most Suisun City owner-occupants default to conventional financing. Investors with clean income use conventional until hitting the 10-property limit, then switch to DSCR.
Portfolio landlords who write off depreciation and expenses pick DSCR from day one. Your tax strategy no longer conflicts with your financing strategy.
No. DSCR loans require rental income, making them investment-property only. Primary homes need conventional or government-backed financing.
Conventional loans beat DSCR rates by 0.5-1.5%. Rates vary by borrower profile and market conditions.
No. Lenders focus on the property's rental income ratio, not your landlord resume. First-time investors qualify regularly.
You'd refinance into a DSCR loan. Most investors do this when buying property 11+ or when self-employment income complicates conventional qualification.
DSCR loans often close in 14-21 days versus 30-45 for conventional. Fewer income docs mean faster underwriting.