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in Marysville, CA
Marysville investors have two strong non-QM tools. DSCR loans fit long-term holds. Hard money fits fast acquisitions and flips.
Neither loan uses your W-2 or tax returns. Both qualify based on the deal — not your personal income.
DSCR loans qualify you on rental income alone. If the property cash flows, you can get approved — no pay stubs needed.
Most lenders want a DSCR of 1.0 or higher. That means monthly rent covers the full mortgage payment.
Hard money lenders focus on the asset, not the borrower. They underwrite the property's value and your exit plan.
These are short-term loans — usually 6 to 24 months. Expect higher rates and points, but fast closings.
DSCR loans are priced for long-term holds. Hard money rates run significantly higher — you pay a premium for speed and flexibility.
Hard money has no seasoning requirements and will fund distressed properties. DSCR lenders want a rentable, stabilized asset.
Buying a Marysville rental that's already leased? Use a DSCR loan. You get a permanent rate and no income docs.
Buying a fixer to flip or refinance later? Hard money gets you in fast. Then you refinance into DSCR once it's stabilized.
Most DSCR lenders require a rent-ready property with a lease or market rent appraisal. Vacant distressed properties usually don't qualify.
Hard money can close in as few as 5–10 business days. Speed is the core advantage over conventional and non-QM lenders.
Most DSCR lenders require at least a 620 credit score. Some programs go lower, but pricing gets worse below 680.
Yes — this is a common investor strategy. Fix and stabilize the property with hard money, then refinance into a permanent DSCR loan.
DSCR loans typically require 20–25% down. Hard money lenders vary widely but often require 25–35% in equity or down payment.
Yes. As a Marysville broker with 200+ wholesale lenders, we access DSCR and hard money programs for Yuba County investment properties.