I’m Michael DiVita — DRE #01372066 | NMLS #241655, DiVita Home Finance (DRE #01818285 | NMLS #323700), Tiburon, CA. I’ve been in California mortgage lending since 2000 and founded DiVita Home Finance in 2007. Call (800) 239-1103.
The East Bay — Oakland, Berkeley, Alameda, Richmond, Walnut Creek, Concord, Fremont, Hayward — is one of the Bay Area’s most active rental investment markets. Strong rental demand from tech workers, healthcare employees, and students at Cal and other institutions, combined with more accessible price points than San Francisco or Marin, makes the East Bay attractive for both local and out-of-area investors.
Why DSCR Loans Make Sense in the East Bay
East Bay rent-to-price ratios are stronger in many neighborhoods than other Bay Area markets. A well-located rental property in Oakland, Alameda, or Concord may generate sufficient rental income to meet DSCR requirements — allowing investors to qualify without income documentation. DSCR loans are particularly popular with East Bay investors who own multiple properties and have exceeded conventional loan limits, or who are self-employed and prefer not to document personal income.
East Bay DSCR Loan Highlights
- Qualify based entirely on the property’s rental income — no personal income required
- Available for single-family, 2–4 unit, and small multifamily properties
- Alameda County 2026 conforming limit: $1,209,750 | Contra Costa County: $1,209,750
- LLC vesting available through select lenders
- Short-term rental properties considered by select lenders
- No limit on number of financed properties (varies by lender)
Markets We Cover
We originate DSCR investment loans in Oakland, Berkeley, Alameda, San Leandro, Fremont, Hayward, Castro Valley, Walnut Creek, Concord, Pleasant Hill, Martinez, Danville, Dublin, Pleasanton, Livermore, and throughout Alameda and Contra Costa counties.
Frequently Asked Questions
What DSCR ratio do lenders require in the East Bay?
Most lenders target a DSCR of 1.0 or higher. Some allow 0.75–0.99 for strong borrowers with significant reserves. DiVita Home Finance works with multiple DSCR lenders and can match your property’s income profile to the right lender for your specific situation.
Can I use projected rents instead of actual rents for a DSCR loan?
For a property that is currently vacant or being purchased, most lenders use a market rent analysis from the appraiser. For properties with an existing lease, the actual lease rent is used. Both approaches are acceptable depending on the lender.
Can I hold an East Bay investment property in an LLC with a DSCR loan?
Yes, through select lenders. LLC vesting is available on DSCR loans, which is a significant advantage for investors who want liability protection or are building a portfolio under a business entity. Not all lenders offer this — call us to identify which lenders allow LLC vesting for your property type and loan amount.
Talk to Michael Directly
DiVita Home Finance | Tiburon, CA | In lending since 2000, founded DiVita Home Finance in 2007. Michael DiVita DRE #01372066 | NMLS #241655. Company DRE #01818285 | NMLS #323700.
💬 Text: (310) 849-9124
