Home / Loan Programs / DSCR Investor Loans
Investor · Non-QM · 35 States

Qualify on Rental Income. Not Tax Returns.

DSCR loans let investment property owners qualify based on the property's cash flow — not your personal income, W-2s, or tax returns. Available in 35 states through Non-QM wholesale lenders.

No W-2 Required No Tax Returns LLC Ownership OK Short-Term Rentals Cash-Out Available 35 States
Run My DSCR Scenario → Start Application
DSCR Program Overview
35
States Available
620+
Min FICO
20%
Min Down Payment
$3M+
Max Loan
Qualify when monthly rent ≥ mortgage payment.
No personal income verification in most programs.
How It Works

The DSCR formula is simple.
The impact is massive.

DSCR stands for Debt Service Coverage Ratio. Lenders divide the property's monthly rental income by the total mortgage payment. If the property covers itself — you may qualify.

01

The Property Qualifies — Not You

Traditional mortgages underwrite your personal income. DSCR loans underwrite the property's rental income. Your tax returns, employment status, and personal DTI don't factor in.

02

Income From Rent — Not Your Job

Lenders use the gross monthly rent — from a lease agreement or market rent estimate — as the income source. Self-employed, retired, foreign national, or W-2. Doesn't matter.

03

LLC Ownership Allowed

Many DSCR lenders allow title in an LLC — a major advantage for investors who want liability protection and portfolio organization. Subject to lender guidelines.

04

Scale Your Portfolio Faster

Because DSCR qualification is property-based, you can finance multiple investment properties without hitting conventional income-based limits. Build your portfolio deal by deal.

Understanding the DSCR Ratio
Monthly Gross Rent
$2,800
Lease agreement or
market rent estimate
÷
Monthly PITIA Payment
$2,100
Principal + Interest +
Tax + Insurance + HOA
DSCR = $2,800 ÷ $2,100 = 1.33  ✓ Strong — Likely to Qualify
1.25+ Strong — Best pricing 1.0–1.24 Borderline — May qualify Below 1.0 — Rent needs to increase
DSCR Calculator

Run your DSCR scenario
in 60 seconds.

Enter the property details below to instantly calculate your DSCR ratio and estimate qualification strength.

Property Details
$
$50K$3M
%
%
yr
Rental Income & Expenses
$
$500$20K
$
$
DSCR Analysis
Monthly P&I Payment
—
principal & interest only
Loan Amount—
Monthly Rent—
PITIA Payment—
Annual Cash Flow—
DSCR Ratio
—
Enter values to calculate
Discuss My DSCR Scenario →

Estimates only. Actual rates, terms, and qualification depend on credit, property, lender, and program guidelines. Not a commitment to lend.

Who Qualifies

Built for investors who
think in cash flow.

DSCR programs serve a wide range of investor scenarios that traditional financing simply can't handle.

Self-Employed Investors

Write-offs reduced your taxable income. A traditional lender said no. DSCR doesn't look at your returns.

  • No W-2 required
  • No tax returns needed
  • No personal DTI calculation

Foreign National Investors

No SSN or U.S. credit required in many programs. Finance U.S. rental properties from anywhere in the world.

  • International buyers welcome
  • LLC or personal title
  • ITIN borrowers in some programs

Portfolio Builders

Already at conventional loan limits? DSCR has no limit on the number of financed properties in most programs.

  • No limit on financed properties
  • Multiple LLCs acceptable
  • Short-term rentals eligible
FAQ

Common questions,
direct answers.

Most DSCR lenders look for a ratio of 1.0 or higher. A ratio of 1.25 or above is considered strong and typically gives access to better pricing and more program options. Some lenders allow below 1.0 depending on credit, down payment, and other compensating factors. Requirements vary by lender.
Yes. Many DSCR programs allow short-term rental properties. Some lenders use market rent estimates or projected STR income rather than requiring lease history. Subject to lender guidelines, property type, and location. Some lenders require documented STR income history.
Yes. Many Non-QM DSCR lenders allow title to be held in an LLC. This is common for investors seeking liability protection and portfolio organization. Requirements and terms vary by lender and state.
Most DSCR programs require 20% to 25% down payment for a purchase. Some lenders have lower down payment options depending on DSCR ratio, credit, and property type. Cash-out refinance programs are also available.
Yes in many cases. Foreign national and expat DSCR programs are available. Requirements vary significantly by lender and may include larger down payments, reserves, and specific documentation. No U.S. credit history required in some programs.
Most Non-QM DSCR lenders have no limit on the number of financed properties — unlike conventional programs which cap out at 10. This is one of the biggest advantages for serious portfolio investors. Individual lender guidelines apply.
Know Your Property Value

Check what your
investment property is worth.

An accurate home value estimate is the starting point for calculating your DSCR, available equity, and refinance options. Get a quick estimate below.

Home value estimates are not appraisals. Actual property value depends on condition, location, market conditions, and a licensed appraisal. Equity and financing options subject to credit, income, lender guidelines, and program availability.

Ready to qualify on
rental income?

DSCR scenarios vary widely by property, market, and lender. A scenario review is the fastest way to know if a deal works.

Run My DSCR Scenario → Start Application