DSCR loans evaluate a rental property based primarily on its income and expenses. Underwriting centers on the property’s ability to support the proposed debt service, allowing investors to qualify based on asset performance rather than personal income documentation.
Eligible Property Types:
Eligible property types include 1–4 unit residential rentals and select small multifamily assets where cash flow supports debt service. Properties are evaluated based on income, operating expenses, and overall performance to determine DSCR eligibility.
Rates and Terms
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1-4 Unit DSCR Loans
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Property Type: Single Family Rentals, 2-4 Unit Properties, Condos, Townhomes
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Loan Amounts: $50,000 – $2,000,000
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Minimum Property Value: $75K
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Loan to Value (LTV): Up to 80% on purchase/refinance, 75% on cash-out
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DSCR Ratio: 1.05x
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Minimum FICO: 680+
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Loan Term Options: 5, 10 or 30-year options
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Prepayment Penalty Options: None, 3/2/1, 3/3/3 or 5/4/3/2/1
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Interest Rate: Starting at 5.75%+
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Eligible Borrowers: U.S. Citizens, Foreign Nationals & Permanent Residents
5+ Unit Multifamily Loans
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Property Type: 5-8 Unit Multifamily
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Loan Amounts: $250,000 – $2,000,000
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Minimum Property Value: $350K
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Loan to Value (LTV): Up to 80% on purchase/refinance, 75% on cash-out
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DSCR Ratio: 1.05x
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Minimum FICO: 680+
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Loan Term Options: 5, 10 or 30-year options
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Prepayment Penalty Options: None, 3/2/1, 3/3/3 or 5/4/3/2/1
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Interest Rate: Starting at 7.5%+
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Eligible Borrowers: U.S. Citizens, Foreign Nationals & Permanent Residents
