DSCR

The Standard DSCR Loan is designed for real estate investors who want fast, simple financing based on property cash flow, not personal income. Qualification is based on the property’s Debt Service Coverage Ratio, meaning the rental income must cover the mortgage payment.

Loan Uses

• Purchase

• Rate and term refinance

• Cash out refinance

Key Features

• No personal income or DTI verification

• Closings in approximately 3 weeks

• Up to 80% LTV with 700+ credit

• Minimum 660 credit score

• Loan amounts from $100,000 to $3,500,000

• 40 year fully amortized options available

• Can close in an LLC

• Short term rentals allowed

• Blanket loans available for portfolio investors

Eligible Properties

• 1 to 4 unit residential

• 5 to 8 unit residential

• Mixed use properties with residential majority

• Short term rentals

• Rural properties up to 2 acres

Ineligible: Fully commercial properties, properties over 2 acres, certain non warrantable condos.

LTV Guidelines

• Purchases up to 80% LTV with 700 FICO

• Purchases up to 75% LTV with 660 FICO

• Cash out up to 80% LTV with 700 FICO

• 5 to 8 unit properties up to 75% LTV

Qualification Requirements

• Minimum 660 credit score

• DSCR typically 1.00 or higher

• Rent roll or lease agreements

• Appraisal supporting value and rents

• Clear title

• Basic entity documents if closing in LLC

Short term rental income may be discounted for vacancy and expenses.