DSCR (Debt Service Coverage Ratio)
Holiday Mortgage (Youngs Real Estate, Inc.) • California • By Appointment Only
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DSCR
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Manufactured Homes
Quick list: VA • FHA • Conventional (FNMA/FHLMC) • USDA • Down Payment Assistance • Forgivable Grants • CalHFA • CalVET • Jumbo / Super Jumbo • SBA • Agricultural • Commercial • Hard Money • DSCR • Apartment Complex • Manufactured Homes
At a glance
- Best for: investment properties qualified largely on property cash flow.
- Underwriting: rental income vs. mortgage payment (DSCR).
- Docs: lease/rent schedule and market rent are common.
Reminder: Guidelines vary by lender and scenario. This page is general information only and is not a commitment to lend.
Basic qualifications (typical)
- Property must qualify based on DSCR per lender guidelines.
- Borrower credit and reserves typically still matter.
- Usually non-owner-occupied (investment).
Property types that may work
- 1–4 unit investment properties (common)
- Some condos/townhomes (varies)
Typical documentation checklist
- Photo ID
- Income documentation (paystubs, W-2s, tax returns depending on income type)
- Asset documentation (bank statements; source of funds for down payment/closing costs)
- Property documentation (purchase contract if buying; insurance quote)
- Credit authorization and explanations if needed
- Program-specific items (below)
Tip: For privacy and security, do not email SSNs or sensitive document images. Use a secure portal for sensitive info.
Program-specific documents / notes
- Current lease(s) or rent schedule (if applicable).
- Appraisal with market rent analysis (commonly).
- Proof of reserves/liquidity (often).
Questions? Call (530) 238-5739 or email [email protected].
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