Loading
Loading
Tulare is Central Valley farmland country. Rental demand here is steady, driven by agricultural workers, logistics employees, and healthcare staff.
That steady occupancy is exactly what DSCR lenders want to see. Consistent rent rolls make Tulare properties easier to qualify than volatile markets.
620–680
Min Credit Score
1.20 (best terms)
Min DSCR Ratio
None
Income Docs Required
20–25%
Down Payment
Non-QM / Investor
Loan Type
DSCR Loans in Tulare
DSCR stands for Debt Service Coverage Ratio. Lenders divide your monthly rent by your mortgage payment. A ratio of 1.0 means rent covers the loan exactly.
Most lenders want a DSCR of 1.20 or higher. Some programs go down to 0.75 — but expect tighter terms and a bigger down payment at that level.
Local decision guide
Use this guide to connect dscr loans eligibility, lender expectations, and local market factors before comparing payment options in Tulare.
Tulare is Central Valley farmland country. Rental demand here is steady, driven by agricultural workers, logistics employees, and healthcare staff.
That steady occupancy is exactly what DSCR lenders want to see. Consistent rent rolls make Tulare properties easier to qualify than volatile markets.
DSCR stands for Debt Service Coverage Ratio. Lenders divide your monthly rent by your mortgage payment. A ratio of 1.0 means rent covers the loan exactly.
Banks rarely touch DSCR loans. This is a non-QM product, meaning you need a wholesale lender or specialty shop — not your local credit union.
We work with 200+ wholesale lenders. Several of them actively price Tulare County deals and are comfortable with rural Central Valley rental properties.
The mistake I see most often: investors use projected rent to calculate DSCR. Lenders use market rent from an appraisal — not your optimistic Zillow estimate.
Get a rent schedule on your appraisal before you commit. If the appraiser's market rent number doesn't support a 1.20 DSCR, you'll either recast or reprice.
A conventional investor loan requires full income docs, W-2s, and tax returns. Two years of write-offs can tank your qualifying income fast.
DSCR ignores all of that. The property qualifies itself. For self-employed investors or high-write-off earners, that difference is everything.
Tulare County properties are often priced well under $400K. That means your loan balance stays low, and hitting a 1.20 DSCR ratio is very achievable.
Watch for older housing stock and ag-adjacent zoning. Some lenders restrict properties near farming operations. Bring a broker who knows the county.
No. DSCR lenders qualify you based on the property's rent income. Personal tax returns and W-2s are not required.
Yes. Most DSCR lenders allow LLC vesting. It's one of the main reasons investors prefer this product over conventional.
Most lenders want 1.20 or above. Some go lower, but below 1.0 will require a larger down payment and higher rate.
Some lenders allow it, but many require 12 months of rental history. Tulare's STR market is limited, so long-term tenants are a safer pitch.
Plan for 20-25% down. Lower DSCR ratios or lower credit scores push that number closer to 25-30%.