Question 1

What DSCR ratio do I need to qualify in Ceres?

Accepted Answer

Most lenders require a 1.0 DSCR minimum. Some allow 0.75 with a higher rate and larger down payment.

Question 2

Can I use projected rent on a vacant Ceres property?

Accepted Answer

Some lenders accept a market rent appraisal. You won't get the same rate as a leased property, but it's possible.

Question 3

Does DSCR work for short-term rentals in Ceres?

Accepted Answer

Some lenders allow it with 12-24 months of Airbnb income history. Not every DSCR lender accepts STR income.

Question 4

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

Accepted Answer

Plan for 20-25% down. Some lenders require 25% on non-warrantable or lower-DSCR deals.

Question 5

Can I close a DSCR loan in an LLC?

Accepted Answer

Yes — most DSCR lenders allow LLC vesting. This is one reason investors prefer DSCR over conventional investor loans.

Question 6

How fast can a DSCR loan close in Ceres?

Accepted Answer

Typically 21-30 days with clean documentation. Appraisal turnaround in Stanislaus County drives most of the timeline.

DSCR Loans in Ceres, CA — Qualify on Rent, Not Your W-2