Qualify on what the property earns, not what your tax return says. EquityNest Capital arranges DSCR loans for investors buying and refinancing rentals across Montana, from Billings to Great Falls.
DSCR stands for debt service coverage ratio. It is the monthly rent divided by the full monthly payment: principal, interest, property taxes, insurance and any HOA dues. At 1.00, the rent covers the payment exactly.
Lenders look at that ratio, your credit and the property. They do not ask for tax returns, W-2s or pay stubs, which is why DSCR loans work so well for self-employed investors and landlords who write off a lot.
Investors buying single-family rentals, 2 to 4 unit properties, condos and townhomes in Billings, Missoula, Bozeman and Great Falls. Landlords who have outgrown conventional loan limits. Buyers who want to close in an LLC. Owners who want to pull cash out of a Montana rental to buy the next one.
Estimate the rent from recent leases nearby, not the asking rent. Use the property tax amount an investor will pay, not the current owner's bill. Get a real insurance quote, because insurance can change a lot from one part of Montana to another.
Then run it through our DSCR calculator, or call us and we will run it with you.
Investor loans in Montana · Fix and flip loans in Montana · Landlord loans in Montana · All states
No. A DSCR loan is underwritten on the income the Montana property produces. Your tax returns, pay stubs and debt to income ratio are not part of the decision, though your credit score still matters.
Yes. Most DSCR programs lend to LLCs and other business entities, which is how many Montana investors prefer to hold their rentals.
Many programs allow short-term rentals. Check the local rules in your city first, since some Montana cities limit or license short-term rentals.
Yes. We arrange DSCR loans for rentals across Montana, including Billings, Missoula, Bozeman and Great Falls. Every metro has its own rent picture, so we look at the property against its own market.
Business purpose loans for investment and commercial property only. Not for a primary residence or personal, family or household use. Programs, terms and approval depend on the lender, the property and the borrower. This is not a commitment to lend.