Qualify on the property's income, not yours.
A DSCR loan is underwritten on one question: does the property produce enough income to cover its own debt? Your tax returns, W-2s, and personal debt-to-income ratio stay out of it. For investors who write off aggressively or hold property in an entity, that difference is the whole ballgame.
Some programs accept a DSCR below 1.00 with compensating factors such as a smaller loan or stronger reserves. If the ratio is thin, the fix is usually the loan amount rather than a different lender.
Enter the property's numbers and see the ratio a lender will see. Nothing is sent anywhere, this runs entirely in your browser.
DSCR is gross rent divided by PITIA. Most programs want 1.00 to 1.25. This is an estimate for planning, not a quote or a commitment to lend.
Send us the scenario and we will tell you honestly whether it works, and which lender is the right home for it.
Buying the next one. Which program fits, how much you put down, and how fast you can close.
Short-term bridge financing for non-owner-occupied renovation projects.
Multifamily, mixed-use, office, retail, and industrial investment property loans.
One loan across multiple doors. Consolidate a rental portfolio into a single closing and payment.
DSCR financing structured around short-term rental income.
Twelve or twenty-four months of deposits qualify self-employed borrowers.
Replace your existing loan with better terms. No cash out.
Pull equity out of an investment property to fund your next acquisition.
Asset-based lending when speed matters more than conventional timelines.
Acquisition financing for raw land, entitled lots, land banking, and agricultural acreage.
Build new from the dirt up. Terms for first-time investors and seasoned builders.
Apartment buildings with 5 or more units, value-add or stabilized.
Purchase, refinance, expand or build for your church or ministry.
Invest in U.S. property without a Social Security number or U.S. credit.
Property tax and insurance vary enormously by state, and both sit inside the payment your rent has to cover. That makes the same loan easier in one state than another. See how this works in Texas, where the tax rate does more to a ratio than most investors expect.
A score of 640 and above opens the most programs. There are options below 640, but they come with tighter guidelines and usually a larger down payment. Credit is a real factor on a DSCR loan even though your income is not.
Divide the monthly rent by the monthly payment including principal, interest, taxes, insurance and any association dues. A result of 1.0 means the rent exactly covers the payment. Above 1.0 means the property carries itself with room to spare.
No. A DSCR loan is underwritten on the income the property produces rather than the income you personally report. Your tax returns, pay stubs and debt to income ratio are not part of the decision.
It depends on the program. The amount moves with your credit score, the debt service coverage ratio and the property type, and we will walk you through it for your deal.
Yes. Short term rental income can be used to qualify, though lenders document it differently than a signed twelve month lease. Expect to show platform revenue history rather than a lease agreement.