A DSCR (Debt Service Coverage Ratio) loan is built for real estate investors. Instead of verifying your personal income with tax returns and W-2s, the lender looks at whether the property's expected rental income covers its own mortgage payment. It's a popular option for self-employed investors or anyone growing a rental portfolio.
Generally a good fit if you...
- Are purchasing or refinancing an investment property, not a primary residence
- Are self-employed or have income that's hard to document conventionally
- Would rather qualify off the property's cash flow than your personal tax returns
- Are scaling a rental property portfolio
General guidelines
- Qualification: based on the property's rent covering its mortgage payment (a DSCR at or above roughly 1.0–1.25 is typically sought)
- Down payment: generally 20–25% or more
- Credit score: generally 660+
- Documentation: no personal income verification — no tax returns or pay stubs required
Building a rental portfolio and tired of income-doc headaches?
Every situation is different, and these are general guidelines — the fastest way to know where you stand is a quick conversation. Send us a message or visit our team page to apply directly.