DSCR Loans
Qualify by Property Income,
Not Tax Returns
DSCR loans qualify based on the property's rental income — not your personal tax returns. Purchase or refinance investment properties from $500K to $3.5M.
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How DSCR Works
DSCR = Gross Monthly Rent ÷ Total Monthly Payment
Total payment includes principal, interest, property taxes, insurance, and HOA fees. A DSCR of 1.0 means the rent exactly covers the mortgage. Above 1.0 means positive cash flow.
Loan Size
$500K – $3.5M
Max LTC (700+ FICO, DSCR≥1)
Up to 80%
Tax Returns
Not Required
Experience
1+ Year Ownership
DSCR ≥ 1.0 — Strong Cash Flow Properties
When the property's rent covers the full mortgage payment, you get the best terms available.
| Min FICO | Max Loan | Purchase LTC | Refi LTC | Cash-Out LTC |
|---|---|---|---|---|
| 700 | $1.5M | 80% | 75% | 75% |
| 700 | $2M | 75% | 70% | 70% |
| 700 | $3.5M | 70% | 65% | 65% |
| 660 | $1M | 75% | 75% | 70% |
| 660 | $1.5M | 75% | 70% | 70% |
| 660 | $2.5M | 70% | 65% | 65% |
| 660 | $3M | 65% | N/A | N/A |
| 640 | $1M | 75% | 70% | N/A |
| 640 | $1.5M | 65% | 65% | N/A |
| 640 | $2M | 65% | N/A | N/A |
| 640 | $3M | 60% | N/A | N/A |
DSCR < 1.0 — Below-Market Rents or Value-Add
Properties where rent doesn't yet cover the full mortgage. Higher equity requirements, still fundable.
| Min FICO | Max Loan | Purchase LTC | Refi LTC | Cash-Out LTC |
|---|---|---|---|---|
| 700 | $1.5M | 75% | 70% | 70% |
| 700 | $2M | 70% | 65% | 65% |
| 700 | $2.5M | 65% | N/A | N/A |
| 700 | $3M | 60% | N/A | N/A |
| 680 | $1.5M | 70% | 65% | N/A |
| 680 | $2M | 65% | 60% | N/A |
| 680 | $3M | 60% | N/A | N/A |
| 650 | $1M | 65% | N/A | N/A |
Prepayment Penalty Options
Choose the prepay period that matches your hold strategy. Longer prepay = lower Year 1 penalty.
| Year | 5-Year PP | 4-Year PP | 3-Year PP | 2-Year PP | 1-Year PP |
|---|---|---|---|---|---|
| Year 1 | 5% | 4% | 3% | 3% | 3% |
| Year 2 | 4% | 3% | 3% | 3% | — |
| Year 3 | 3% | 2% | 3% | — | — |
| Year 4 | 2% | 1% | — | — | — |
| Year 5 | 1% | — | — | — | — |
Frequently Asked Questions About DSCR Loans
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