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DSCR Loans — qualify on rental income

No W2s. No tax returns. No personal income verification. If the property cash flows, you can qualify. Built for real estate investors who want to grow their portfolio — fast.

.75+
Min DSCR ratio
Up to $3M
Loan amount
No W2
Required
1–10
Units financed

Qualify on cash flow, not personal income

DSCR stands for Debt Service Coverage Ratio. It measures whether a property generates enough rental income to cover its mortgage payments. Lenders look at the property — not you.

This means no W2s, no tax returns, no employment verification. Ideal for self-employed investors, those with complex tax returns, or anyone with multiple properties who can't qualify traditionally.

The DSCR Formula
Monthly Rental Income
Monthly Debt Obligations
=
DSCR
1.0 = Break even • 1.25+ = Strong
Example Property Analysis
Monthly rent$3,200
PITIA payment$2,400
DSCR ratio1.33 ✓
Monthly cash flow+$800

DSCR loan details

Flexible terms built for real estate investors scaling their portfolio.

Loan Amount
$150K–$3M
Up to $3M for single-family and multi-unit properties
Min DSCR
.75
Some lenders allow below 1.0 with compensating factors
Min Credit Score
620+
Better rates available at 700+
Max LTV
80%
Purchase and rate/term refi up to 80% LTV
Property Types
1–10 Units
SFR, condo, townhome, 2–4 unit, and small multifamily
Loan Terms
30yr Fixed
Also available: 15yr, 5/1 ARM, 7/1 ARM, interest-only
Income Docs
None
Lease or rent schedule used instead of personal income docs
Close Timeline
21–30 days
Some lenders can close in as few as 14 days

Who qualifies for a DSCR loan?

DSCR loans are designed for real estate investors — not owner-occupants.

Real estate investors

Anyone purchasing or refinancing a non-owner-occupied rental property.

Self-employed borrowers

Complex tax returns? Write-offs reducing income? DSCR doesn't look at your personal income at all.

Portfolio builders

Already have multiple conventional loans? DSCR has no limit on how many financed properties you own.

LLC & entity borrowers

Many DSCR lenders allow you to take title in an LLC or other business entity for asset protection.

Short-term rental investors

Airbnb and VRBO income can be used. We source lenders that accept STR income for DSCR qualification.

Cash-out refinance investors

Pull equity out of existing rentals to fund your next acquisition — all based on property cash flow.

DSCR vs Conventional

See why investors choose DSCR loans for rental properties.

FeatureDSCR LoanConventional
Personal income verificationNot requiredW2s + tax returns
Self-employed friendlyYesLimited
LLC / entity titleAllowedRarely
Max financed propertiesUnlimited10 max (Fannie/Freddie)
Short-term rental incomeMany lenders acceptRarely
Qualification basisProperty cash flowPersonal DTI

DSCR loan questions

A DSCR of 1.25 or higher is generally considered strong and will qualify for the best rates. A DSCR of .75 means break-even — you can still qualify, but rates may be higher. Some lenders offer "no-ratio" DSCR loans below 1.0 with higher down payments.

Yes. If the property is vacant or new construction, most lenders will use a market rent analysis from the appraisal report to determine the projected rent income for DSCR calculation.

Many DSCR lenders allow borrowers to take title in an LLC or other business entity. This is a major advantage for investors seeking asset protection. Let us know when you apply and we'll match you with LLC-friendly lenders.

Most DSCR lenders require a minimum 620 credit score. The best rates are typically available at 700+. A higher score combined with a strong DSCR ratio can significantly reduce your rate.

Yes — a growing number of DSCR lenders accept Airbnb and VRBO income. We have access to lenders who use AirDNA data or 12-month STR income history to calculate the DSCR for short-term rental properties.

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Ready to grow your rental portfolio?

Get a DSCR rate quote in minutes. No income docs. No credit pull.