Question 1

Can I use a DSCR loan for a short-term rental in Petaluma?

Accepted Answer

Some lenders accept short-term rental income for DSCR qualification. You'll need documented rental history or a market rent analysis.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders require a 680 minimum. Some go lower, but rates increase significantly below that threshold.

Question 3

Can I buy a primary home with a DSCR loan?

Accepted Answer

No. DSCR loans are investment property only. For a primary residence, you need conventional or government-backed financing.

Question 4

How much do I need to put down on a DSCR loan?

Accepted Answer

Expect 20-25% down. Some lenders go to 15% with stronger DSCR ratios, but that's less common.

Question 5

Is conventional or DSCR better for a duplex in Petaluma?

Accepted Answer

If you'll live in one unit, conventional works and lets you use projected rent to qualify. Pure investment duplex — DSCR is cleaner.

Question 6

Do DSCR loans show up on my personal credit?

Accepted Answer

Yes, they typically do — even in an LLC. Some lenders offer non-recourse options, but those come with stricter terms.

Conventional vs DSCR Loans in Petaluma, CA