Question 1

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

Accepted Answer

Yes. Many DSCR lenders accept projected Airbnb income. You'll typically need a market rent analysis or existing booking history.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders require 680 or higher. Better scores get better rates, so improving credit before applying matters.

Question 3

Is conventional available for investment properties?

Accepted Answer

Yes, but expect a higher down payment — usually 15–25%. Your personal debt-to-income ratio must still qualify.

Question 4

Can an LLC get a conventional loan?

Accepted Answer

No. Conventional loans require individual borrowers. DSCR is designed for LLC ownership at closing.

Question 5

Which loan closes faster in Tuolumne County?

Accepted Answer

Conventional with full docs typically closes in 21–30 days. DSCR can close similarly fast when rent docs are clean.

Conventional vs DSCR Loans in Sonora, CA