LOAN PROGRAM
DSCR — Investor Loans
Scale your portfolio without W-2 documentation. The property’s rent qualifies the loan.
A Debt-Service Coverage Ratio (DSCR) loan qualifies the property on its own cash flow. If rent covers PITIA at the agreed ratio (typically 1.0x or higher), the loan works regardless of your personal income.
HIGHLIGHT
No Personal Income Docs
No tax returns, W-2s, or pay stubs. Property cash flow does the heavy lifting.
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Unlimited Properties
No 10-property cap like Fannie/Freddie. Vest in an LLC if desired.
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Up to 80% LTV
20% down on purchases, with cash-out refinance to 75% LTV.
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Short-Term Rental Friendly
Many programs accept AirDNA or T12 STR income for qualification.
How DSCR Is Calculated
DSCR = Gross Rent ÷ PITIA (principal, interest, taxes, insurance, association dues). A 1.25x DSCR means rent exceeds the payment by 25%. Most lenders price tiers around 1.0x and 1.25x.
Vesting & Structure
DSCR loans are typically business-purpose loans, allowing title to be held in an LLC for liability and estate planning. Personal guarantees are usually required.
What You’ll Need
Lease agreement (or market rent appraisal), entity docs if vesting in LLC, 2 months of reserves per property, ID, and the purchase contract or refi payoff.
BEST FOR
- Buy-and-hold real estate investors
- BRRRR strategy refinances
- Self-employed investors with complex returns
- Investors capped out of conventional financing
Other Programs
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