DSCR · Fresno

DSCR Loans in Fresno, CA

Loan-size math and qualifying analysis for DSCR financing on Fresno's $391k median home value. Poor fit.

Recommendation

Poor fit for Fresno.

Fresno's low rent-to-price ratio produces DSCR around 0.58 — well below the 1.10-1.25 lender threshold. Appreciation play, not a cash-flow market.

Loan math · Fresno

Payment on Fresno's $391k median.

Median home value (Fresno)$391,442
Assumed LTV78%
Loan amount$305,325
Cash to close (down payment)$86,117
Assumed rate8.50%
Term30-year amortizing
Monthly P&I$2,348/mo
Qualifying · DSCR

Does Fresno pencil?

Median monthly rent (Fresno)$1,886/mo
Property taxes (est. 1.1%/yr)−$359/mo
Insurance (est. 0.5%/yr)−$163/mo
NOI (before debt)$1,364/mo
Debt service−$2,348/mo
DSCR0.58

Most DSCR lenders require DSCR ≥ 1.10 to fund and ≥ 1.20-1.25 for the best pricing tier. Fresno medians fall below typical lender DSCR floors — a DSCR loan will only work on properties materially below median or with above-market rent.

What it is

DSCR financing — the mechanics.

A non-QM mortgage product where the lender computes Debt Service Coverage Ratio = NOI ÷ debt service. If DSCR clears their threshold (1.10-1.25 typical), the loan funds regardless of the borrower's W-2 income, DTI, or tax returns. The property qualifies the loan.

Lender requires: 660+ FICO (most), 25% down (typical), 6 months of debt-service reserves, signed lease or projected market rent supported by Form 1007 appraiser-rent comps. Closing in 21-35 days standard.

State context · California

How California law affects this loan.

California foreclosure timeline: non-judicial, ~120 days. See full DSCR in California breakdown.

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FAQ

Frequently asked.

What's the typical DSCR loan size for a property in Fresno?

On Fresno's $391k median home value, a DSCR loan at the standard 78% LTV would be approximately $305k, requiring $86k down.

What's the monthly payment on a typical DSCR loan in Fresno?

Fully-amortizing 30-year payment on a $305k DSCR loan at the typical rate of 8.50% would be approximately $2k/month, excluding taxes and insurance.

Is Fresno a good market for DSCR financing?

Fresno's low rent-to-price ratio produces DSCR around 0.58 — well below the 1.10-1.25 lender threshold. Appreciation play, not a cash-flow market.

What credit and reserves do DSCR lenders require for Fresno properties?

Lender requires: 660+ FICO (most), 25% down (typical), 6 months of debt-service reserves, signed lease or projected market rent supported by Form 1007 appraiser-rent comps. Closing in 21-35 days standard.

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