DSCR
DSCR Loans: Qualify on Rental Income, Not Tax Returns
DSCR loans that qualify on rental income, not tax returns. Up to 80% LTV, LLC vesting, short-term rentals eligible, 30-year fixed and interest-only options.
DSCR Loans
Qualify on the property’s rent — not your tax returns.
Debt Service Coverage Ratio loans let you qualify using the rental income the property produces. No W-2s, no tax returns, no personal DTI calculation — ideal for investors who write off heavily or are scaling a portfolio.
Max LTV
80%
Min FICO
660
Loan Size
$100K–$3M
Min DSCR
0.75*
Program terms
- Loan amounts
- $100,000 – $3,000,000+
- Purchase LTV
- Up to 80%
- Cash-out LTV
- Up to 75%
- Terms
- 30-yr fixed, 40-yr, 5/6 & 7/6 ARM
- Interest-only
- Available (10-yr IO)
- Prepayment
- 0–5 yr options (buy-down pricing)
- Property types
- SFR, 2–4 units, condos, townhomes, 5–10 units
- Vesting
- Individual or LLC / corporation
Qualifications
- Minimum 660 FICO (higher leverage at 700+)
- DSCR of 1.0+ for best pricing — sub-1.0 and no-ratio options available
- Lease agreement or market rent appraisal (Form 1007)
- Short-term / Airbnb rentals eligible using 12-mo history or AirDNA
- 6 months PITIA reserves (cash-out proceeds may count)
- No personal income or employment verification
FAQ
DSCR Loans: common questions
DSCR (Debt Service Coverage Ratio) is the property’s monthly rent divided by its monthly PITIA: principal, interest, taxes, insurance and association dues. For example, $3,200 in rent against a $2,547 payment is a DSCR of about 1.26. A ratio of 1.0 or higher means the rent covers the payment; sub-1.0 options may be available.
No. A DSCR loan is underwritten on the property’s income, so there is no personal income, W-2, tax return or debt-to-income calculation.
Yes. Short-term rentals can qualify using a 12-month rental history or market data for the property.
Yes. DSCR loans can be vested in an individual’s name or in an LLC or corporation.
Other programs
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Bank Statement LoansSelf-employed? Your deposits tell the real story.
Cash-Out RefinanceTurn rental equity into your next down payment.
Home Equity Investment (HEI)Cash from your home equity — with no monthly payment.
Commercial & MultifamilyFinancing for 5+ units, mixed-use and commercial assets.
Illustrative program parameters. Actual terms depend on credit, property, and market conditions and are subject to change.
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