Question 1

Can I use a DSCR loan to buy my primary home in Marysville?

Accepted Answer

No. DSCR loans are investment property only. For a primary residence, you need conventional or a government-backed loan.

Question 2

What credit score do I need for a DSCR loan?

Accepted Answer

Most DSCR lenders require at least 660-680. Higher scores get better pricing. Conventional loans start at 620.

Question 3

How much do I need down for a DSCR loan?

Accepted Answer

Expect 20-25% down minimum on DSCR. Some lenders go to 30% for higher-risk profiles or lower DSCR ratios.

Question 4

Does rental income from my current property help me qualify for a conventional loan?

Accepted Answer

Yes, with documentation. Lenders typically require a signed lease and may use 75% of rental income toward qualifying.

Question 5

Which loan type has lower rates in Marysville?

Accepted Answer

Conventional rates run lower for qualified borrowers. DSCR loans carry a premium for the flexibility they offer investors. Rates vary by borrower profile and market conditions.

Question 6

Can I have both a conventional loan and a DSCR loan at the same time?

Accepted Answer

Yes. DSCR loans don't show up as personal debt the same way. Many investors carry both simultaneously.

Conventional vs DSCR Loans in Marysville, CA