Question 1

What credit score do I need for an investor loan in Live Oak?

Accepted Answer

Most DSCR lenders start at 620 credit but 680+ unlocks better rates and lower down payments. Scores above 720 get you pricing close to conventional loans.

Question 2

Can I use projected rent to qualify if the property is vacant?

Accepted Answer

Yes. Lenders order appraisals that include rental comps and use that projected income for DSCR calculation. Occupied properties still get better pricing than vacant ones.

Question 3

How much rental income do I need to cover the mortgage?

Accepted Answer

Most lenders want a 1.0 DSCR minimum where rent equals your full monthly payment including taxes and insurance. Ratios above 1.25 qualify for the lowest available rates.

Question 4

Do I need reserves for every investment property I finance?

Accepted Answer

Typically yes. Lenders want 6 months of payment reserves per financed property. Experienced investors with strong cash flow sometimes negotiate lower requirements based on their portfolio performance.

Question 5

Can I qualify using crypto assets instead of bank statements?

Accepted Answer

Some non-QM lenders now accept verified cryptocurrency holdings as qualifying assets. You'll need professional valuation and custody documentation to use crypto for income or reserve requirements.

Question 6

What makes Live Oak different from other Sutter County investment markets?

Accepted Answer

Live Oak benefits from Beale Air Force Base proximity creating consistent military and contractor renters. This stability makes lenders more comfortable with investor deals here than in purely agricultural towns.

Investor Loans in Live Oak: Non-QM Financing for Sutter County Investment Properties