Question 1

What is a DSCR loan?

Accepted Answer

It qualifies you based on rental income, not personal income. If the property's rent covers the mortgage, you can get approved.

Question 2

What DSCR ratio do I need in Rohnert Park?

Accepted Answer

Most lenders require 1.0 or higher. Some go down to 0.75 with more money down.

Question 3

Can I use short-term rental income for DSCR?

Accepted Answer

Some lenders accept it with 12 months of documented history. Others use long-term market rents instead.

Question 4

Do I need to show tax returns for a DSCR loan?

Accepted Answer

No. That's the point. The property's income qualifies you, not your personal financials.

Question 5

What credit score do I need for DSCR in Sonoma County?

Accepted Answer

Minimum is 620 with most lenders. A 680+ score gets you better rates and looser terms.

Question 6

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

Accepted Answer

Plan for 20-25% down. Short-term rental properties often require closer to 25-30%.

DSCR Loans in Rohnert Park, CA