LOAN OPTIONS
DSCR Loans
Built for real estate investors looking to efficiently expand their portfolios based purely on projected property rental income.
IS A DSCR LOAN RIGHT FOR YOU?
If you are a real estate investor looking to purchase or refinance investment properties without the hassle of providing personal income or employment history, a Debt Service Coverage Ratio (DSCR) loan is an ideal choice. It allows you to scale your portfolio efficiently by focusing on the asset’s performance rather than your personal financials.
BENEFITS OF A DSCR LOAN
- No Personal Income Required: Qualification is based entirely on the subject property’s cash flow, not your personal debt-to-income (DTI) ratio.
- Scale Your Portfolio: Perfect for investors holding multiple properties, as there is often no limit to the number of financed properties you can hold.
- Simplified Documentation: Bypass the need for tax returns, W-2s, or complex employment verification, making for a much faster closing process.
DSCR LOAN ELIGIBILITY REQUIREMENTS
- A DSCR ratio of 1.0 or higher (the projected rental income covers the mortgage payment)
- Property must be intended for investment purposes (not a primary residence)
- A solid credit score (typically 680 or higher)
- A down payment or existing equity position, usually starting around 20%
Check out what your investor ratio is by using our DSCR Investor Mortgage Calculator…
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
The DSCR for this loan is
Monthly Payments
Principal & Interest (P&I)
$
Taxes & HOA
$
Homeowners Insurance
$
Debt Service Coverage Ratio
(Rental Income / Mortgage Payment)
Rental Income
$3,000
Monthly Mortgage
$3,000
DSCR
0.90
Estimated Taxes & Insurance
Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home's value but can change based on insurer. Your loan specialist can help you determine property tax and insurance rates in your area.
Estimated Payment
$ /mo
Loan amount
$
Down payment
$
Interest rate
Loan term
Property tax
Homeowner's insurance
$
HOA dues
$
Payment Breakdown
Amortization
Principal vs. Interest
Amortization Schedule Breakdown
Our detailed amortization schedule breaks down your mortgage payments, showing how they are split between interest and principal over the life of your loan.
Note: The actual monthly payment may be higher than what is shown here, as this schedule does not account for variable costs such as property taxes and home insurance, which are often included in your total mortgage payment.
- Principal payments: $$240,000 (the amount borrowed)
- Interest payments: $$297,554 (the cost of borrowing)
MORTGAGE TOOLS
Your Mortgage Options,
Made Clear.
No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best deal possible!
Jumbo
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Refinance & Cash-Out
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Bank Statement Loans
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DSCR Loans
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