DSCR Loans
Finance Your Next Investment the Smart Way
Qualify based on property cash flow, not personal income. Our DSCR loans make financing rental properties faster and easier than ever.
How a DSCR Loan Works
Qualify on Cash Flow
The property's rental income is used to qualify, not your personal W2s or tax returns.
No Personal Income Needed
Perfect for savvy investors and self-employed individuals with complex finances.
Built for Investors
Streamlined underwriting means you can secure your next rental property deal quickly.
Loan Parameters At-a-Glance
Investor DSCR Loan Highlights
- DSCR Calculation: DSCR = Net Operating Income / PITIA (Principal + Interest + Taxes + Insurance + Association Fees).
- Rental Income: The primary focus of these loans is the property's rental income. We have DSCR loan programs with ratios down to 0.00, though the best rates are for properties with a DSCR of 1.5 or above.
- Loan Amount: Loan amounts are based on LTV, with up to 85% for purchases and 80% for cash-out refinances on single-unit properties.
- No Income or Employment Docs: Personal income and employment are not required for qualification.
- Business Purpose Loan: DSCR loans can be closed in an entity (like an LLC) for added protection and tax advantages.
DSCR Mortgage Programs Available:
- Purchase / Refinance / Cash Out Refinance
- Up to 85% LTV Purchase
- Up to 80% LTV Cash Out
- Up to 30 Year Fixed & 40 Year Interest Only
- No Income or Employment Used
- 600+ Credit Minimum
- 1-4 Unit Properties, Condos & PUDs
- LLC's Allowed
DSCR Loan Program Terms:
- Up to 85% LTV Purchase
- Up to 80% LTV Cash Out
- 600 Min FICO
- No Employment or Income Verification
- Close in an Entity (LLC, Corp, etc.)
- Up to $5M Loan Amount
- DSCR Values from 0.00 and Up
- Short Term Rental Income Eligible
Get an Instant Mortgage Rate Quote from The Mortgage Calculator
Get Your Quick Quote
Real-time mortgage pricing across conventional, FHA/VA, DSCR, bank statement, non-QM and more. Compare options and move to a full application when ready.
Programs We Price
Conventional, FHA, VA, USDA, jumbo, investor DSCR, bank statement, asset depletion, non-QM, HELOCs and more.
How Quotes Work
We use your scenario (location, credit band, property/occupancy, LTV) to match eligible programs and display live-like rates.
Next Steps
Lock a rate or continue to the full 1003. Your MLO team helps optimize terms and documentation for a smooth closing.
Loan Programs Available: FHA Mortgage Calculator, Conventional Mortgage Calculator, VA Mortgage Calculator, USDA Mortgage Calculator, Non-QM Mortgage Calculator, DSCR Mortgage Calculator, Fix & Flip Mortgage Calculator, Construction Mortgage Calculator, JUMBO Mortgage Calculator
Frequently Asked Questions for DSCR Loans
About The Mortgage Calculator
The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) specializing in using technology to provide access to Conventional, FHA, VA, and USDA Programs, as well as thousands of Non-QM mortgage loan variations.
Our team of over 450 licensed Loan Originators can assist with Bank Statement Mortgages, DSCR Investor Mortgages, Commercial Mortgages, Fix and Flip Mortgages, and thousands more!