Question 1

Can I use DSCR on a property I haven't rented yet?

Accepted Answer

Some lenders will use a market rent appraisal instead of actual rent. It depends on the lender and property type.

Question 2

How fast can hard money close in Sonoma?

Accepted Answer

Many hard money lenders fund in 5 to 10 business days. That's a real edge in a competitive Sonoma market.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want at least a 620. Better scores get better rates. Rates vary by borrower profile and market conditions.

Question 4

Can I refinance a hard money loan into a DSCR loan?

Accepted Answer

Yes — and this is a common strategy. Flip or rehab with hard money, then refinance into DSCR once the property is rented.

Question 5

Do hard money lenders care about my credit?

Accepted Answer

They care mainly about the deal and the collateral. Credit still factors in, but it's not the deciding issue.

Question 6

Which loan works better for Sonoma short-term rentals?

Accepted Answer

DSCR lenders have different rules on STRs — some allow them, some don't. Ask us which lenders in our network cover Sonoma STR properties.

DSCR vs Hard Money Loans in Sonoma, CA