Delano, CA · KERN County County · 2026 Population: 57,119 · NMLS #2827624 · AZ CMB #CMB-2016143

Delano, California DSCR, Hard Money, Fix & Flip & 5–25+ Unit Multifamily Loans

California Statutory Disclosure:

Delano, CA Local Underwriting Snapshot (KERN County County): With a 2026 population of 57,119, Delano carries an effective property tax rate of 0.75%, a median 1–4 unit investment property price of $670,000, and a median market rent of $4,500/mo. At 75% LTV ($502,500 loan amount), estimated monthly PITIA is $3,996/mo, yielding an estimated baseline DSCR of 1.13x. For 5–25+ unit apartment buildings in Delano, typical valuation averages $281,400/door with $2,425/mo/door market rents.

County & 2026 PopulationKERN County County (57,119)

Effective Property Tax Rate0.75% ($419/mo)

Median 1–4 Unit Price & Rent$670,000 · $4,500/mo

5–25+ Unit Multifamily Avg$281,400/door · $2425/mo

CA Foreclosure & SecurityNon-Judicial (Deed of Trust — Civil Code §2924) (120–135 days)

Delano, CA Pre-Populated Underwriting Terminal

1–4 Unit PITIA vs. 5–25+ Unit Commercial NOI Simulator

Loan Daddy LLC · NMLS #2827624 · AZ CMB #CMB-2016143 · Canonical Integer _cents & _bps Engine

1. Select Property Unit Tier Bracket

2. Exact Number of Units / Doors (MISMO FinancedUnitsCount)1 Unit

Price/Door: $670,000·Loan/Door: $502,500·Avg Rent/Door: $4,500/mo

Property Value / Purchase Price$670,000

Target LTV %75%

Base Note Rate %6.625%

Gross Monthly Rent (Form 1007 / Lease / STR Projection)$4,500/mo

Tax Rate (%)

Annual Ins ($)

Monthly HOA ($)

Prepayment Stepdown Structure

Amortization & FICO Tier

Calculated DSCR Coverage Ratio

Canonical: 116 bps · 7500 bps LTV · 6625 bps Rate

1.16x

Standard Multifamily / DSCR Pass (1.15x–1.24x)

Loan Amount (75% LTV)$502,50050,250,000 _cents

Monthly P&I Debt Service$3,218/mo@ 6.625% Note Rate

Total Monthly PITIA$3,871/moTax: $419 · Ins: $235

Net Monthly Cash Flow+$629/mo$7,550/yr net

Get 30-Sec Quote →Full 1003 / MISMO Apply →

Wholesale PPE Multi-Option Execution Comparison (Borrower-Paid 2.000% Default · 39 Wholesale Lenders)

Execution Option	Prepay Structure	Est. Note Rate	Prepay Price Credit	Monthly Debt Service	DSCR Ratio
Option A: Lowest Rate (60-Mo Stepdown)	5-4-3-2-1	6.625%	-100 bps (-1.000 pt)	$3,871/mo	1.16x
Option B: Balanced Par (36-Mo Stepdown)	3-2-1	6.875%	-75 bps (-0.750 pt)	$3,954/mo	1.14x
Option C: Max Cash Flow (10-Yr Interest-Only)	3-2-1 IO	7.000%	+38 bps IO LLPA	$3,585/mo	1.26x

Many DSCR lenders focus on the property's rent, not your tax returns. Not all applicants will qualify; terms vary by lender.

Delano, CA Short-Term Rental (STR), ADU & Legal Underwriting Notes

Local Municipal & Zoning Guidance: Wholesale DSCR and multifamily lenders in Delano (KERN County County, CA) underwrite both 12-month long-term leases (Form 1007 / Form 1025) and compliant short-term rentals (Form 1007 STR / 12-month booking ledger) subject to local municipal registration.

California Statutory Security Instrument: Loans in Delano (KERN County County) are secured via Deed of Trust (Power of Sale) under California's Non-Judicial (Deed of Trust — Civil Code §2924) framework (120–135 days). Insurance underwriting note: Standard DP-3 landlord dwelling fire, general liability & rent-loss coverage required..