DSCR RENTAL LOANS — QUALIFY WITH PROPERTY CASH FLOW, NOT PERSONAL INCOME
Acquire, refinance, or access equity in eligible rental properties using qualification based primarily on rental property cash flow rather than personal employment income. DSCR (Debt Service Coverage Ratio) compares qualifying rental income with the property's required debt payments under the applicable loan program.
Typical Use Cases
- Purchasing a turnkey rental property for long-term income
- Rate-and-term refinancing of an existing investment mortgage
- Cash-out refinancing to extract equity for the next acquisition
- Expanding a rental portfolio across multiple properties
- Stabilizing a recently leased multifamily property
Financing Highlights
~1.10+
DSCR guideline (qualifying)
Not required
Personal income verification
Up to 30 yrs
Long-term options
2–3 weeks
Typical closing
Property Eligibility
- 1–4 unit residential investment properties
- Multifamily 5+ units (see Multifamily program)
- Properties with established or projected rental income
- Non-owner-occupied investment properties
Borrower Considerations
- No personal employment-income verification for eligible DSCR programs
- Rental income must support debt service at the program's DSCR guideline
- Property taxes, insurance, and HOA included in coverage ratio
- Credit history reviewed; 680+ preferred
The Loan Application Process
- 1
Submit your scenario
Complete the quote form with property address, rent roll, and financing request.
- 2
Cash-flow review
We calculate DSCR using rental income, taxes, insurance, HOA, and debt service.
- 3
Term sheet
If DSCR and property qualify, we issue a term sheet with rate, term, and conditions.
- 4
Appraisal & title
Independent appraisal and title work ordered.
- 5
Closing
Sign and fund. Residential investment closings often target 2–3 weeks when the file is complete.
Common Borrower Questions
What is DSCR?
Debt Service Coverage Ratio compares qualifying rental income with the property's required debt payments under the applicable loan program. A DSCR of 1.10 means the property generates 10% more income than the debt payment requires.
Do I need a job to qualify?
No. Eligible DSCR programs qualify on the rental property's cash flow, not your personal employment income. No W-2s or pay stubs required for those programs.
Can I get a 30-year loan?
Long-term financing options, including qualifying 30-year structures, are available depending on the program, property, and borrower profile.
Is a particular rate guaranteed?
No. We do not publish guaranteed rates. Actual terms depend on the program, property, market conditions, and underwriting.
Ready to Discuss Your dscr rental Scenario?
Tell us about your investment property and financing goals. We'll review your scenario and discuss available options.