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Cloverdale sits at the northern end of Sonoma County wine country. That location creates steady demand for short-term rentals and long-term tenants alike.
DSCR loans are built for this market. Your personal W-2 doesn't drive approval — the property's rental income does.
1.0 – 1.1
Min DSCR Ratio
680+
Min Credit Score
20 – 25%
Down Payment
Non-QM / Investor
Loan Type
None (personal)
Income Docs Needed
DSCR Loans in Cloverdale
DSCR stands for Debt Service Coverage Ratio. Lenders divide your monthly rent by your monthly mortgage payment. A ratio of 1.0 means the rent covers the payment exactly.
Most lenders want a DSCR of 1.1 or higher. Credit scores typically need to hit 680+. Expect a down payment of 20-25%.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Cloverdale.
Cloverdale sits at the northern end of Sonoma County wine country. That location creates steady demand for short-term rentals and long-term tenants alike.
DSCR loans are built for this market. Your personal W-2 doesn't drive approval — the property's rental income does.
DSCR stands for Debt Service Coverage Ratio. Lenders divide your monthly rent by your monthly mortgage payment. A ratio of 1.0 means the rent covers the payment exactly.
DSCR is a non-QM product. Most retail banks won't touch it. You need access to wholesale lenders who specialize in investor financing.
We work with 200+ wholesale lenders at SRK CAPITAL. That reach matters in a niche market like northern Sonoma County.
Short-term rental properties in wine country need extra attention. Some lenders won't use Airbnb income at all. Others will — if you show 12 months of platform earnings.
Don't assume your Cloverdale vacation rental qualifies at face value. We check which lenders accept short-term income before we submit anything.
A conventional investment loan caps out at 10 financed properties. It also requires full income documentation. DSCR has neither of those limits for most lenders.
Hard money is faster but expensive. Bank statement loans use your deposits instead of returns. DSCR is the cleanest option if your rental income carries the payment.
Cloverdale is the most affordable entry point in Sonoma wine country. Lower purchase prices mean it's easier to hit a qualifying DSCR ratio.
The city's position near Highway 101 and the Russian River corridor keeps rental occupancy strong. That's exactly the kind of market where DSCR underwriting works in your favor.
Most lenders want 1.1 or higher. Some will go down to 1.0 with a stronger credit profile or larger down payment.
Some lenders accept short-term rental income with 12 months of documented platform history. Not all do — lender selection matters here.
No. DSCR loans qualify based on the property's income, not yours. Tax returns are not part of the file.
Typically 20-25%. Some lenders require more for short-term rental properties or lower DSCR ratios.
Yes, but lender rules on short-term rentals vary. We identify which lenders accept that income type before submitting your file.
Conventional loans require full income docs and cap at 10 financed properties. DSCR skips personal income verification and has no portfolio cap with most lenders.