Paso Robles DSCR Loans for Rental Property
Are you seeking long-term private financing for a residential rental property in Paso Robles, CA? On this page you'll find a list of lenders that offer these “DSCR” loans for single family homes, condos, and 2-4 unit rental properties in urban areas. Some lenders consider vacation rentals (aka short-term rental or STR). For a purchase, investors typically need a minimum down payment of 20%, and it could be higher depending on the debt service coverage ratio (DSCR), borrower’s credit score and location. The loans terms range from 3 to 30 years. D.S.C.R. stands for debt service coverage ratio, which is a measure of the property's cash flow. The formula is gross rental income divided by expenses (mortgage principal and interest, property taxes, insurance, and HOA dues, if applicable). These loans qualify based on the DSCR rather than the borrower's personal income.Searching...
Top 10 DSCR Lenders in California for Rental Properties (Past 12 Months)
Based on data from Elementix, this ranking highlights the most active DSCR lenders in California, measured by total funded loan count for long-term residential investment property loans over the past 12 months. This data reflects current lending activity among California real estate investors.
| Company | Loans | Volume | Market Share |
|---|---|---|---|
| oaktree funding corporation | 852 | $541M | 36% |
| american heritage lending | 177 | $118M | 7% |
| capital alliance | 162 | $137M | 7% |
| south bay equity lending | 146 | $102M | 6% |
| equity wave lending | 133 | $39M | 6% |
| visio lending | 91 | $41M | 4% |
| diya finance | 88 | $87M | 4% |
| lendz financial | 76 | $51M | 3% |
| conventus | 75 | $58M | 3% |
| cv3 financial services | 59 | $44M | 2% |
Source: Elementix.ai (third-party data, not independently verified).
California DSCR Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for California DSCR long-term rental loans in the 2nd quarter of 2026 was 7.19%. The average loan amount was $606,499. These stats are the average of 546 loans funded for residential rental properties in California between April 1, 2026 and June 30, 2026 by multiple lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
Top 10 Real Estate Investors in California Using Long-Term Rental Loans (Past 12 Months)
Based on data from Elementix, this ranking highlights the most active real estate investors in California who utilize long-term financing from private lending companies (including DSCR loans), measured by total borrowing volume over the past 12 months. Reported volume may include loans from banks and conventional lenders.
| Entity | Loans | Volume |
|---|---|---|
| tule river homebuyer earned equity agency | 925 | $187M |
| vacation trust inc | 407 | $12M |
| vacation trust inc | 405 | $55M |
| tule river homebuyer earned equity agency | 326 | $113M |
| chicago title land trust co | 308 | $483M |
| spg capital llc | 272 | $50M |
| tule river homebuyer earned equity agency | 255 | $61M |
| tule river homebuyer earned equity agency | 208 | $56M |
| chicago title land trust compa | 172 | $92M |
| tule river homebuyer earned equity agenc | 159 | $30M |
Source: Elementix.ai (third-party data, not independently verified).
Select a Metro Area
California is a large state, and some lenders are selective about where they lend. Filter your search by selecting a metro area:
Northern California: SF Bay Area | Sacramento | Lake Tahoe
Southern California: Los Angeles | San Diego | Orange County | Riverside County | San Bernardino County | Santa Barbara
Central California: Central Valley | Bakersfield | Fresno
California Long-Term Rental Loan Volume by Quarter (Past 12 Months)
Based on data from Elementix, the following figures show the estimated quarterly loan volume for long-term residential investment property lending in California over the past 12 months.
Q2 2026: ~$14.1B across 13,473 loans
Q1 2026: ~$19.1B across 19,444 loans
Q4 2025: ~$26.1B across 20,238 loans
Q3 2025: ~$20.7B across 18,118 loans
Source: Elementix.ai (third-party data, not independently verified).
Transactions identified as private lender loans were excluded if the available public records did not clearly indicate whether the original loan term was more than 3 years.
