Get Pre-Approved for a DSCR Loan

  • No income verification, minimal docs
  • No W2's, no tax returns
  • Get funded as fast as 14 days

Takes less than a minute. No impact on your credit.

What is a DSCR Loan?

A DSCR (Debt Service Coverage Ratio) loan is a unique mortgage designed for real estate investors. Instead of qualifying based on your personal income, lenders look at the rental income generated by your investment property. If the rent covers the loan payments (plus a little extra), you could qualify—even if you have multiple mortgages or self-employment income that’s hard to document. DSCR loans are ideal for building or scaling your real estate portfolio with less paperwork and faster approvals.

DSCR Loan Requirements

• Property Income: The rental income must cover the monthly loan payment (typically a DSCR of 1.0x or higher). • Credit Score: Minimum credit score requirements vary, but most lenders require at least 620-660. • Down Payment: Usually 20–25% down (can vary by lender and property type). • Property Type: 1-8 unit residential investment properties (some lenders accept short-term rentals). • Appraisal: A rental appraisal (Form 1007 or equivalent) may be required. • Basic Documents: Proof of property ownership, lease agreements, and identification.

DSCR Loan Benefits

• No Personal Income Verification: Qualify based on your property’s cash flow, not your W2s or tax returns. • Streamlined Approval: Faster processing and less paperwork compared to traditional loans. • Scalable Financing: Great for investors with multiple properties or those growing their portfolio. • Flexible Use: Purchase, refinance, or cash-out options available. • Works for LLCs: Eligible for properties owned in your personal name or an LLC.