Buy your next rental on the property's income, not your paystubs.
A DSCR loan looks at the rent a property brings in, not your W-2s or tax returns. That makes it a fit for investors and self-employed buyers whose paperwork doesn't tell the whole story. We shop investor lenders and walk you through the numbers in English or Spanish.
Who this is for
- Real-estate investors buying a single rental or adding to a portfolio
- Self-employed buyers whose tax returns understate their real income
- Owners who hold property in an LLC and want to keep it that way
- Anyone refinancing a rental to pull cash out for the next purchase
How it works
Tell us about the property
We start with the address, the purchase price or current value, and the rent it earns (or could earn). No personal income documents needed to get a first read.
Run the coverage ratio
We compare the property's rent against its monthly payment — that ratio is what the lender underwrites. We tell you upfront whether it clears.
Compare investor lenders
DSCR pricing varies a lot between lenders. We line up several so you see the rate, the down payment, and the reserves each one wants.
Close and keep building
We coordinate the appraisal and underwriting and keep you posted until you close — then we're here for the next one.
No personal income docs
Qualification rests on the property's cash flow, so there's no DTI from your tax returns to clear.
Built for investors
Single-family rentals, condos, and small multi-unit properties all fit, whether it's your first or your tenth.
Real lender shopping
As an independent broker we compare several DSCR lenders instead of one bank's pricing.
Cash-out to keep going
Refinance a rental you already own to free up equity for your next down payment.
Today’s sample rates
Common questions
What is a DSCR loan?
DSCR stands for Debt Service Coverage Ratio. Instead of looking at your personal income, the lender compares the rent a property earns against its monthly payment. If the rent covers the payment, the loan can work — even if your tax returns wouldn't qualify you the traditional way.
How much do I need to put down?
Most DSCR lenders look for 20% to 25% down on a purchase, along with a few months of reserves. The exact figure depends on the property and the lender, and we'll show you a couple of options side by side.
Can I close in the name of my LLC?
Usually, yes. Many investors prefer to hold rentals in an LLC, and most DSCR programs allow it. We'll confirm the details with the lender before you commit.
Does my personal credit still matter?
Yes — your credit score still affects your rate and terms, even though personal income isn't the basis for approval. We'll review where you stand before we shop lenders.
What property types can I use a DSCR loan for?
DSCR loans are built for investment property: single-family rentals, condos, townhomes, and 2–4 unit buildings, plus some short-term rentals. Because qualifying is based on the rent the property brings in, it doesn't have to be your home. Larger multi-unit or mixed-use buildings can sometimes work too — send us the property and we'll tell you which lenders fit.
What if the rent doesn't fully cover the payment?
A ratio under 1.0 isn't automatically a dead deal. Some investor lenders will consider coverage down to roughly 0.75, and a few run no-ratio programs that qualify on your credit, down payment, and the property instead of the rent math. Expect a higher rate and more down in that range — but if your numbers land just short, send them over before you give up on the property.
Is a DSCR loan a non-QM loan?
Yes — DSCR loans sit under the non-QM umbrella because qualifying is based on the property's rent rather than your personal tax returns. Non-QM just means a different documentation rulebook than Fannie Mae and Freddie Mac use; the loan is still carefully underwritten on your credit, your reserves, and the property's income.