DSCR Loans in California
Qualify on the property's rental income, not your personal income. Buy or refinance rentals, short-term rentals and portfolios, and close in an LLC.
Is DSCR Loans a fit for you?
- Real estate investors buying or refinancing rentals
- Short-term rental hosts
- Investors growing a portfolio
- Borrowers who prefer not to document personal income
- Investors who want to close in an LLC
Rental Income Qualifies
The property's rent versus its payment drives the approval.
No Personal Income Docs
No tax returns, W-2s or pay stubs in most cases.
Close in an LLC
Many lenders allow vesting in an LLC or other entity.
Scale Your Portfolio
No conventional limit on the number of financed properties with many lenders.
The DSCR Loans Process
Analyze the property
We estimate market rent and the full payment (PITIA).
Calculate DSCR
Rent divided by PITIA gives the coverage ratio.
Shop lenders
I compare DSCR lenders on ratio requirements, leverage and pricing.
Appraisal & rent schedule
The appraiser confirms value and market rent.
Close
Sign in your name or your entity and fund.
General Guidelines
General information only. Actual requirements vary by lender and scenario.
| Qualifying | Property rent ÷ PITIA (DSCR) |
|---|---|
| Target DSCR | Often around 1.0 or higher; some programs allow below 1.0 (varies by lender) |
| Down payment | Often 20%-25%; varies by lender |
| Credit score | Varies by lender |
| Reserves | Typically required; varies by lender |
| Property types | 1-4 units, condos, some 5-8 unit and STR (varies by lender) |
DSCR loans are business-purpose loans for investment properties and are not consumer loans.
Today's Rates
Rates shown are for informational purposes, change daily, and are not a commitment to lend. Your rate depends on credit, loan amount, property and other factors.
Mortgage Payment Calculator
Loan Term30 Years
1.25% is a planning assumption, not a property-specific quote.
Enter any financed funding, guarantee or upfront insurance fee.
Estimated Monthly Payment
$2,689
Including taxes & insurance · $2,023 principal & interest
Payment Breakdown
- Principal & Interest
- $2,023
- Property Taxes
- $417
- Homeowners Insurance
- $250
- HOA Dues
- $0
- PMI
- $0
Loan Summary
- Base Loan Amount
- $320,000
- Financed Upfront Fee
- $0
- Total Financed
- $320,000
- Loan-to-Value
- 80.0%
- Total Interest (P&I)
- $408,142
Estimates only, not a loan offer or commitment to lend. Rates, taxes and insurance are editable planning assumptions. Program selection is not an eligibility determination. Mortgage insurance and upfront fees vary by program and lender; enter your quoted amounts. Actual payments may differ. VA loans have no monthly mortgage insurance.
Talk to Bill about your numbersDSCR Loans FAQ
Ready to Get Pre-Approved?
Personalized guidance across California, with a real person.