Question 1

Can I use projected rent instead of actual leases for DSCR loans in Petaluma?

Accepted Answer

Most lenders allow appraisal rent schedules for vacant properties. Occupied units need signed leases to count toward debt service coverage ratios.

Question 2

Do investment properties in Petaluma require larger down payments than primary homes?

Accepted Answer

Yes, expect 15-25% down versus 3-5% on owner-occupied loans. Lenders price higher risk into investor properties through both down payment and rate.

Question 3

How many Petaluma rental properties can I finance before hitting conventional loan limits?

Accepted Answer

Conventional mortgages cap at 10 financed properties total. Beyond that, you need portfolio loans or DSCR products from non-QM lenders.

Question 4

What credit score do I need for investor loans in Sonoma County?

Accepted Answer

680 opens most programs with competitive pricing. Some DSCR lenders go to 620 but charge higher rates and require stronger cash flow coverage.

Question 5

Can I qualify for a Petaluma investment property using cryptocurrency reserves?

Accepted Answer

Select non-QM lenders now verify crypto holdings as reserves for investor loans. Most require custodial accounts and discount volatile assets when calculating liquidity.

Investor Loans in Petaluma: Financing for Sonoma County Rental Properties