Investor loan programs · DSCR

Qualify with rental income. Not your tax returns.

Answer a few questions about the property and a licensed advisor runs the numbers the way lenders look at them. No credit pull to check your options, no obligation.

No credit pull to startRental income, not tax returnsAbout 60 seconds

Why investors use them

Built for growing a rental portfolio

No tax returns. No W-2s.

On most DSCR programs, qualification is based on the property’s rental income — not your personal income, pay stubs, or tax returns. Built for self-employed investors whose tax returns show heavy write-offs or depreciation.

Close in your LLC

Most DSCR programs let you vest title in an LLC or corporation — a structure many investors already use to hold rentals.

Built to scale

Conventional loans cap how many financed properties you can carry and require full income documentation for each one. DSCR programs are designed for portfolio growth — each property qualifies on its own cash flow.

Short-term rentals welcome

Airbnb and VRBO properties are financeable on many DSCR programs, using either the property’s rental history or a market rent analysis.

The one number that matters

How the DSCR is calculated

DSCR stands for Debt Service Coverage Ratio— the property’s monthly rent divided by its full monthly payment (principal, interest, taxes, insurance, and any HOA dues).

A ratio of 1.0 means the rent exactly covers the payment. Above 1.0, the property cash-flows and pricing improves — 1.25+ usually gets the best terms. Below 1.0, options still exist on many programs (often down to around 0.75) with more down payment.

That’s the whole qualification story: the property carries the loan, so the underwriting looks at the property.

A concrete example

Monthly rent
$2,400
Full monthly payment (PITIA)
$2,000
DSCR = 2,400 ÷ 2,000
1.20

A 1.20 ratio meets the minimum on most DSCR programs — the rent covers the payment with 20% to spare. Approval still depends on credit, down payment, and reserves.

What lenders look for

Typical DSCR qualification guidelines

The ratio itself

A DSCR of 1.0+ (rent covers the full payment) is the standard sweet spot, with the best pricing usually at 1.25+. Sub-1.0 options exist on some programs — often down to around 0.75 — in exchange for a larger down payment and a higher rate.

Down payment

Typically 20–25% down on a purchase (80% max loan-to-value is common). Cash-out refinances usually cap a bit lower. More down improves both the rate and the ratio.

Credit score

Most programs start around 660–680, with meaningfully better pricing at 720+. Your credit still matters — it is your income documentation that doesn’t.

Reserves

Plan on showing roughly 3–6 months of the property’s payment in reserves after closing. Bigger portfolios and cash-out deals may need more.

Guidelines vary by program and change over time — the numbers above are typical ranges, not a commitment to lend. Eligible property types commonly include single-family rentals, 2–4 unit buildings, condos, and townhomes.

Side by side

DSCR vs. a conventional mortgage

DSCR loanConventional
How you qualifyProperty’s rent vs. its payment (DSCR)Your personal income and debt-to-income ratio
DocumentationLease or market rent analysis, credit, assetsTax returns, W-2s, pay stubs, employment verification
Close in an LLCYes, on most programsGenerally no — personal name only
Portfolio sizeScales property by propertyHard caps on financed properties
Best forInvestors, self-employed, short-term rental ownersPrimary homes and traditional W-2 files

Three steps

How it works

1

Tell us about the property

Purchase price or value, expected rent, property type, and what you want to accomplish — takes about a minute, with no credit pull.

2

We run the ratio

Your advisor calculates the DSCR the way lenders look at it — actual or market rent against the full payment — and matches it to the programs that fit.

3

See your estimated options

Estimated rate, down payment, and structure options based on the property’s numbers, laid out by a licensed advisor. You decide the next step.

Straight answers

DSCR loan FAQ

Typically not. DSCR loans qualify on the property’s rental income versus its payment — on most programs lenders don’t ask for tax returns, W-2s, or pay stubs. They do still verify your credit, your down payment funds, and reserves.

Ready when you are

Ready to grow your rental portfolio?

Sixty seconds of questions about the property, no credit pull to start, and one licensed advisor who runs the numbers the way lenders look at them — then lays out your estimated options.

No credit pull to check your options · 100% free

About the numbers on this page

DSCR ratios, down payment ranges, credit guidelines, and reserve requirements are typical industry ranges and vary by program, property, and market conditions. This page is education, not an offer of credit, a rate quote, or a commitment to lend — your eligibility and terms depend on your complete file. DSCR loans are for investment properties only.