Question 1

Can I use a DSCR loan for a short-term rental in Corning?

Accepted Answer

Some lenders accept short-term rental income using platforms like Airbnb. Not every DSCR lender allows it — ask before you apply.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders want a 680 or higher. Some go down to 660 with a stronger DSCR ratio.

Question 3

Do conventional loans work for investment properties?

Accepted Answer

Yes, but expect a higher rate and stricter reserve requirements than a primary residence purchase.

Question 4

What's the minimum down payment for a DSCR loan?

Accepted Answer

Most lenders require 20-25% down. Some allow less with compensating factors like a high DSCR.

Question 5

Can a self-employed borrower use a conventional loan?

Accepted Answer

Yes, but lenders average two years of tax returns. If your write-offs reduce net income, DSCR may be easier.

Question 6

Which loan closes faster in Tehama County?

Accepted Answer

Conventional loans close faster when income docs are clean. DSCR can match that pace once the rent analysis is done.

Conventional vs DSCR Loans in Corning, CA