No personal income required.
The property qualifies itself.
Why a DSCR loans?
DSCR loans qualify on one thing — does the rent cover the mortgage? No tax returns, no personal income analysis, no debt-to-income calculation. Close in your LLC. No cap on how many properties. Short-term rental income counts. If the deal cash flows, it qualifies.
The investor who'd hit a ceiling...
Eight single-family rentals. All cash-flowing. Good deals, good numbers, good borrower.
The problem? Conventional lenders cap you at 10 properties and he was already at 8.
He found two more deals he didn't want to let go. His bank said no before he finished the sentence.
We closed both DSCR loans in 30 days. In his LLC. No tax returns. No personal income analysis. The properties qualified on rent alone. He's already looking at his next two.
FAQs
What DSCR ratio do I need to qualify?
Most lenders require a minimum DSCR of 1.0–1.25. A ratio of 1.25+ gives you the strongest options and the best rates. We also have programs for below 1.0 (called "no ratio" DSCR) for the right borrower — typically higher down payment and strong credit required.
Can I use projected rent if the property is vacant?
Yes — we can use a market rent appraisal (Form 1007) to establish qualifying rent. You don't need a signed lease or a tenant in place. This is particularly useful for new acquisitions, recently renovated properties, or properties that have been vacant.
Can I close in my LLC?
Yes — many DSCR programs allow entity closing from day one, without the personal guarantee complexities of conventional investment loans. This keeps your portfolio organized, protects your personal assets, and simplifies future transfers.Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics or bold, and add links.
How many properties can I finance?
No hard limit — unlike conventional loans which cap out at 10 financed properties. DSCR is specifically designed for investors building significant portfolios. I work with clients who have 15, 20, 30+ properties financed this way.Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics or bold, and add links.
Does this work for short-term rentals?
Yes — we have programs for short-term rental properties that use AirDNA data or comparable short-term rental income to establish DSCR.
What credit score is required?
Most DSCR programs require 620+ minimum. Better credit means better rates. Borrowers at 700+ typically see the most competitive DSCR pricing. Some no-ratio programs require 680+.Describe the item or answer the question so that site visitors who are interested get more information. You can emphasize this text with bullets, italics or bold, and add links.
Have a deal?
Send it over and we'll take a look.
Roxy Miles
NMLS#2464939
Complex income specialist.
Former financial advisor.
865.424.7997
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