Question 1

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

Accepted Answer

Many lenders accept Airbnb or VRBO income with 12 months of platform history. Sonora's tourism market helps support those numbers.

Question 2

How fast can a hard money loan close?

Accepted Answer

Many hard money deals fund in 5 to 10 business days. Speed depends on the lender and how quickly title clears.

Question 3

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR programs start at 620 to 680. Higher scores get better rates. Rates vary by borrower profile and market conditions.

Question 4

Do hard money lenders care about my income?

Accepted Answer

Not much. Hard money is asset-based. The property's value and your exit plan matter far more than your tax returns.

Question 5

Can I refinance a hard money loan into a DSCR loan?

Accepted Answer

Yes — and many Sonora investors do exactly that. Once the property is stabilized and renting, a DSCR refi replaces the bridge.

Question 6

Which loan has lower rates, DSCR or hard money?

Accepted Answer

DSCR rates run lower than hard money in almost every case. Rates vary by borrower profile and market conditions.

DSCR vs Hard Money Loans in Sonora, CA