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DSCR Rental Loans

Rental loans underwritten on the property, not your paystub.

Long-term financing based on the rental income and stabilized value of the asset. If the property covers its debt, the deal works, whether you have one rental or thirty and whatever your tax returns say about your income.

DSCR-basedUnderwriting
Long-termLoan horizon
1–10 unitsProperty size
Overview

What a rental loan is, and when it's the right tool.

A DSCR loan is a long-term rental mortgage qualified on the debt service coverage ratio: the property's income divided by its debt payment. If that number clears the threshold, the loan works. Personal income, tax returns, and debt-to-income ratios take a back seat.

This is the structural fix for a problem that stops good investors cold. Write off enough depreciation and legitimate expenses and your tax return makes you look broke to a conventional underwriter, even as your portfolio compounds. DSCR underwriting reads the asset instead.

It also scales. Conventional guidelines start to fight you after a handful of financed properties. Rental loans underwritten property-by-property don't have that ceiling, which is why serious buy-and-hold investors end up here.

Who It's For

Built for these investors.

01

Self-employed and full-time investors

Your Schedule E is doing its job. That shouldn't disqualify you from a mortgage.

02

Investors past the conventional limit

When agency guidelines cap how many financed properties you can hold, DSCR debt keeps you buying.

03

BRRRR refinances

The renovation is done, the tenant is in, the value is up. This is the loan that takes out your short-term debt.

Loan Snapshot

The structure at a glance.

Property typesNon-owner-occupied residential, 1–10 units
QualificationDebt service coverage ratio on the property's rental income
Income docsNo tax returns or employment verification required to qualify the deal
Loan purposePurchase, rate-and-term refinance, or cash-out refinance
VestingCommonly held in an LLC
PricingQuoted per deal — ask for current terms

Program parameters and pricing are set per deal and subject to change. Send us the property and we will put real terms in writing rather than quoting a range that moves.

How It Works

Four steps, no mystery.

01

Send the property and the rents

Address, purchase price or current value, and actual or market rent. That's the core of a DSCR file.

02

We calculate coverage

Income against the proposed payment, including taxes, insurance, and any HOA. You see the math.

03

Lock your terms

Written terms with conditions listed. No surprise overlays two weeks in.

04

Close and hold

Long-term debt in place, cash flow running, and your file ready for the next one.

How debt service coverage is calculated

  • Take the property's gross rental income, monthly or annualized.
  • Divide it by the total debt payment: principal, interest, taxes, insurance, and HOA dues.
  • A ratio above 1.0 means the property covers its own debt. Higher ratios mean more cushion, and generally better terms.
  • Vacancy, management, and maintenance still matter to your returns even when they sit outside the ratio. Underwrite your own deal honestly.

What raises your coverage ratio

  • A larger down payment, which lowers the payment side of the equation.
  • Accurate market rent supported by comparable leases, not optimism.
  • Buying in submarkets where rent-to-price is healthy rather than chasing appreciation alone.
  • Shopping insurance seriously. It's a larger line item than most investors expect.
Included With Every Loan

The loan is the beginning, not the transaction.

Every funded borrower gets a seat in the Borrowers Circle: in-person masterminds, monthly AI workshops, the December couples retreat, and the Education Vault — 200+ hours of training, models, and templates. No membership fee, no application, and none of it priced into your rate.

See the Borrowers Circle Browse the Education Vault
Questions

Rental loans, answered.

What is a DSCR loan?

A rental property mortgage qualified on the property's debt service coverage ratio rather than the borrower's personal income. The property's rent, measured against the full debt payment, determines whether the loan works.

Do DSCR loans require tax returns?

No. Qualification rests on the property's income and value. We still verify identity, entity documents, reserves, and title, but your tax returns aren't the deciding factor.

Can I close a rental loan in an LLC?

Yes, and most investors do. Holding investment property in an entity is standard practice with this loan type.

How many rental loans can I have?

There's no conventional-style cap. Each property is underwritten on its own coverage. That's precisely why investors move to DSCR debt as their portfolios grow.

Can I take cash out of a rental I already own?

Yes. Cash-out refinancing is one of the most common uses, especially after a renovation has raised both rent and value. The property still has to cover the new payment.

What if my property is a short-term rental?

Then the income analysis works differently. We have a separate program for Airbnb and VRBO properties that uses actual short-term rental revenue. See our short-term rental loans.

Other Programs

Compare the rest of the lineup.

DSCR Rental Loans

Send us the deal. We'll send back real terms.

Quotes come from people who invest for a living, not a call center. If the deal doesn't work, we'll tell you that too.

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