Question 1

Can I use a DSCR loan to buy my primary home in Vacaville?

Accepted Answer

No. DSCR loans are for investment properties only. Use a conventional loan for your primary residence.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want at least a 680. Conventional loans can go as low as 620.

Question 3

Do DSCR loans require tax returns?

Accepted Answer

No tax returns needed. Lenders qualify you based on the rental property's income versus its debt payment.

Question 4

What down payment does a DSCR loan require?

Accepted Answer

Typically 20–25% down for DSCR loans. Conventional owner-occupant loans can go as low as 3% down.

Question 5

Can I hold a DSCR loan in my LLC?

Accepted Answer

Yes. Many DSCR lenders allow vesting in an LLC. Most conventional loans do not allow this.

Question 6

Which loan has better rates in Vacaville right now?

Accepted Answer

Conventional rates are lower for qualified owner-occupants. Rates vary by borrower profile and market conditions.

Conventional vs DSCR Loans in Vacaville, CA