Question 1

Can I use a DSCR loan on a vacant property?

Accepted Answer

Most DSCR lenders require a rent-ready property with a lease or market rent appraisal. Vacant distressed properties usually don't qualify.

Question 2

How fast does hard money close?

Accepted Answer

Hard money can close in as few as 5–10 business days. Speed is the core advantage over conventional and non-QM lenders.

Question 3

Do DSCR loans require a minimum credit score?

Accepted Answer

Most DSCR lenders require at least a 620 credit score. Some programs go lower, but pricing gets worse below 680.

Question 4

Can I refinance hard money into a DSCR loan?

Accepted Answer

Yes — this is a common investor strategy. Fix and stabilize the property with hard money, then refinance into a permanent DSCR loan.

Question 5

Which loan has lower down payment requirements?

Accepted Answer

DSCR loans typically require 20–25% down. Hard money lenders vary widely but often require 25–35% in equity or down payment.

Question 6

Are both loan types available for Marysville properties?

Accepted Answer

Yes. As a Marysville broker with 200+ wholesale lenders, we access DSCR and hard money programs for Yuba County investment properties.

DSCR Loans vs Hard Money Loans in Marysville, CA