DSCR Rental Loans
Long-term financing for rental properties, qualified on the property's rent instead of your personal income.
- 30-year fixed terms, no balloon
- No tax returns, W-2s or pay stubs
- Purchase, rate-and-term or cash-out refinance
How a DSCR loan works
DSCR stands for debt service coverage ratio. Instead of your income, the loan is qualified mainly on whether the property's rent covers its full monthly payment: principal, interest, taxes, insurance and any HOA dues.
When the appraisal is ordered, the appraiser also completes a market rent analysis showing what similar homes nearby rent for. That rent is compared to the new payment. Market rent can be used even if the property is vacant.
What we need for a quote
- Property address and type
- Estimated value or purchase price
- Monthly rent (or market rent)
- Annual taxes and insurance
- Estimated credit score
Watch: how our rental loan works
Click play to watch our quick explainer (just over a minute).
Highlights
For investors, by investors. We invest in real estate ourselves.
30-year fixed
Long-term, predictable financing with no balloon payment.
No personal income docs
No tax returns, W-2s or pay stubs. The property does the qualifying.
Purchase or refinance
Buy a rental, lower your rate or pull cash out to grow.
Finance in an LLC
Hold your rentals in your business entity.
Short-term rentals considered
Airbnb and other short-term rentals, with their own rent verification.
Prepayment options
Choose your prepayment structure; less or no penalty generally means a higher rate.
Have a deal? Let's talk it through.
Get a quote online or call our team.
