Rental Loan Program
Use our elite Rental loan product to purchase or refinance your rental property on a 30-year fixed at competitive rates without using tax returns or personal income to qualify.
Our rates are near conventional rates, but with less hassle and more investor-friendly loan options.
BRRRR Method – Use our Rental loan to refinance to more permanent fixed rates once your remodel is complete and the property is rented. We can also assist with this as a Short Term Rental (STR) Loan.
Investment Properties Only
No Tax Returns Needed
5-10 Unit Property Portfolio Options
First Time Investors Welcome
Why Choose DSCR Loans
The Smart Way to Finance
Investment Properties
DSCR loans revolutionize real estate investing by focusing on what matters most: the property's ability to generate income.
No Income Verification
No tax returns, pay stubs, or W-2s required.
Qualify Based on property cash flow alone.
Lightning Fast Closings
Close in as little as 7 days once appraisal is complete. Speed when you need it most.
Up to 85% LTV
Maximize your leverage with competitive loan-to-value ratios for investment properties.
Purchase & Refinance
Whether buying new properties or refinancing existing ones, we've got you covered.
Cash Flow Based
Qualification is based on the property's rental income potential, not your personal income.
Cash Flow Based
First-time investors welcome. We guide you through the process tep by step.
Loan Features
DSCR Loan Highlights
Everything you to know about DSCR loan program designed sepcifically for real estate investors.
Key Benefits
No business or personal income or tax documents needed
Income is based on rental property cash flow
Available for Purchases & Refinances
Flexible qualification guidelines
Fast Closings - as little as 7 days once appraisal is in hand
Up to 85% LTV
No previous investor experience required
Eligible Entities: LLCs and Individuals
Long & short term rentals qualify (Airbnb / VRBO)
Interest Only Payments Available
Frequently Asked Questions
DSCR Loan FAQs
Get answers to the most common questions about DSCR loans and how they can help grow your real estate investment portfolio.
What is a DSCR Loan?
A DSCR (Debt Service Coverage Ratio) loan is a type of investment property loan that qualifies borrowers based on the rental income of the property rather than their personal income. The DSCR is calculated by dividing the property's net operating income by its total debt service.
What DSCR ratio do I need to qualify?
Most lenders prefer a DSCR of 1.0 or higher, though some programs accept ratios as low as 0.75. A DSCR of 1.0 means the property's income exactly covers the debt payments, while anything above 1.0 indicates positive cash flow.
Do I need to provide tax returns or W-2s?
No! That's one of the main benefits of DSCR loans. You don't need to provide personal income documentation like tax returns, W-2s, or pay stubs. The qualification is based solely on the property's rental income potential.
What types of properties qualify for DSCR loans?
DSCR loans are available for single-family homes, 2–4 unit properties, condos (warrantable and non-warrantable), condotels, 5–10 unit residential buildings, and mixed-use properties with limited commercial space, but not for rural properties.
What is the maximum loan amount?
DSCR loans are available up to $3 million, making them suitable for a wide range of investment properties from starter rentals to high-value investment opportunities.
How quickly can I close on a DSCR loan?
DSCR loans can close in as little as 7 days once the appraisal is completed. The streamlined documentation process allows for much faster closings compared to traditional investment property loans.
What down payment is required?
Down payment requirements vary by lender and loan program, but typically range from 15-25% for DSCR loans. Some programs may offer higher leverage options depending on the property and borrower profile.
Can I use a DSCR loan for refinancing?
Yes! DSCR loans are available for both purchases and refinances. This includes cash-out refinancing to access equity for additional investments or property improvements.
Do I need previous real estate investment experience?
No prior real estate investment experience is required for DSCR loans. These programs are designed to be accessible to both seasoned investors and those just starting their investment journey.
How is rental income calculated?
Rental income is typically determined using an appraisal with a rent schedule, market rent analysis, or existing lease agreements. For Airbnb properties, lenders may use historical income data or market analysis for short-term rental potential.
Are there prepayment penalties?
Most DSCR loan programs do not have prepayment penalties, giving you the flexibility to refinance or sell the property without additional costs. However, this can vary by lender and specific loan program.
What credit score do I need?
Most DSCR loan programs require a minimum credit score of 620-640, though some lenders may have higher requirements. Better credit scores typically result in more favorable interest rates and terms.