Question 1

Can I use a DSCR loan on a short-term rental in Rohnert Park?

Accepted Answer

Some lenders allow it using market rent or Airbnb income projections. Underwriting is stricter, and not every lender accepts STR properties.

Question 2

Do Bank Statement loans work for investment properties?

Accepted Answer

Yes. If you're self-employed and buying a rental, Bank Statement is a valid path. DSCR is often simpler if the rent pencils out.

Question 3

Which loan has a lower credit score requirement?

Accepted Answer

Both typically require 620 or higher. Some DSCR lenders go down to 600 depending on the deal structure and down payment.

Question 4

Can I hold a DSCR loan in an LLC?

Accepted Answer

Yes. Most DSCR lenders allow LLC vesting. Bank Statement loans typically require title in your personal name.

Question 5

How much down payment do both loans require?

Accepted Answer

Bank Statement loans often start at 10% down for primary homes, 20% for investment. DSCR loans typically require 20–25% down.

Question 6

Can a self-employed investor use both loan types at once?

Accepted Answer

Yes. We see this often — a Bank Statement loan for a primary residence and a DSCR loan for a rental. Each loan qualifies independently.

Bank Statement vs DSCR Loans in Rohnert Park