Question 1

Can I use DSCR loans for a Windsor primary residence?

Accepted Answer

No. DSCR loans only work for investment properties. You need conventional or FHA for owner-occupied homes.

Question 2

What DSCR ratio do Windsor lenders require?

Accepted Answer

Most want 1.0 minimum, meaning rent equals the mortgage payment. Stronger terms kick in at 1.25 or higher.

Question 3

Do conventional loans allow rental income?

Accepted Answer

Yes, but lenders discount it by 25% and require tax documentation. DSCR counts 100% of market rent without tax returns.

Question 4

Which loan closes faster in Windsor?

Accepted Answer

DSCR typically closes in 15-20 days. Conventional takes 30-45 days due to income verification steps.

Question 5

Can I refinance a conventional loan into DSCR?

Accepted Answer

Absolutely. Many Windsor landlords refi to DSCR to pull cash out or simplify documentation on their next purchase.

Conventional vs DSCR Loans in Windsor: Which Fits Your Strategy?