Rental income qualifying

DSCR Loans

Qualify on the property's cash flow, not your personal income.

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Rates from 6.0%Interest Rate

Up to 80% LTVMax LTV (purchase price)

Debt Service Coverage Ratio financing is engineered for real estate investors scaling rental portfolios. Qualification is determined by the property's rental income rather than personal debt-to-income ratios, which allows you to grow without your own tax returns becoming the ceiling.

DSCR stands for debt service coverage ratio, and it is a single number: the property's net operating income divided by the annual debt payment. At 1.00 the rent exactly covers the mortgage. Above 1.00 there is a cushion, and most lenders want to see one — a ratio in the 1.15 to 1.25 range is a common floor, with better pricing as the number climbs.

What makes this product different is what it does not ask for. There are no W-2s, no tax returns and no debt-to-income calculation, because the loan is underwritten against the asset rather than against the borrower's personal finances. That matters for two groups in particular: self-employed investors whose returns show aggressive deductions, and anyone who has hit the conventional limit on the number of financed properties they can hold.

Terms look more like a mortgage than like bridge debt — thirty-year amortization is available, along with interest-only and adjustable structures — so a stabilized rental can be held long term instead of refinanced every eighteen months. Loans are usually written to an LLC, which keeps the property separate from personal credit.

Underwriting will want a lease or a market rent appraisal, the property's operating expenses including taxes and insurance, reserves, and a credit score. The property has to be occupied or ready to be: a vacant unit with no signed lease has no income to divide, so there is no ratio to underwrite.

When this loan fits

Scaling a rental portfolio past the property count a conventional lender allows.
Qualifying on a property that cash flows when your tax returns show aggressive deductions.
Holding a stabilized rental long term instead of refinancing it every eighteen months.
Buying in an LLC to keep the property separate from your personal credit.

Program terms

These are the figures we publish today. Final terms depend on the property, the sponsor and the structure.

Interest Rate: from 6.0%
Max LTV (purchase price): up to 80%
Structure: 30-year fixed and interest-only
Income Documentation: No personal income documentation

What you need to apply

Nothing here is a surprise later. If something is missing we will tell you on the first call.

A signed lease, or a market rent appraisal if the unit is not yet leased.
The property's operating expenses, including taxes and insurance.
Reserves — months of payments available after closing.
A credit score. Pricing moves with it even though income is not documented.
The entity documents, if the loan goes into an LLC.
A property that is occupied, or ready to be.

Eligible properties

Single-family rental
Condominium
Townhome
2 to 4 units
Small multifamily
Non-owner occupied

Common questions

What DSCR do I need?

The ratio is the property's net operating income divided by the annual debt payment. At 1.00 the rent exactly covers the mortgage. Most lenders want a cushion above that: a 1.15 to 1.25 range is a common floor, with better pricing as the number climbs.

Do you really not look at my personal income?

Correct — no W-2s, no tax returns and no debt-to-income calculation, because the loan is underwritten against the asset. Credit and reserves still matter, and they still move the pricing.

Can I use a DSCR loan on a vacant property?

Not as it sits. A vacant unit with no signed lease has no income to divide, so there is no ratio to underwrite. A market rent appraisal can substitute in some cases, but the property has to be occupied or ready to be occupied.

Is this a thirty-year mortgage?

It can be. Thirty-year amortization is available, along with interest-only and adjustable structures. That is what separates DSCR from bridge debt: a stabilized rental can be held for the long term instead of refinanced every year and a half.

Figures shown are current published parameters and are not an offer or commitment to lend. Availability, pricing, leverage and timelines vary by property, sponsor experience and market conditions.

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