Investment property financing
DSCR Loan Programs for Rental Property Investors
Compare business-purpose DSCR loan paths for rental property purchases, refinances, cash-out transactions, and eligible short-term rental scenarios.
Choose the DSCR loan path that matches your goal
A Debt Service Coverage Ratio loan is built for non-owner-occupied investment property. Instead of centering the review on conventional personal-income documentation, the lender evaluates the eligible rental income, proposed housing expense, property, credit profile, leverage, reserves, and the complete business-purpose scenario.
PurchaseFinance an eligible rental property acquisition.
RefinanceReview current rental-property debt and a new DSCR structure.
Cash-outAccess eligible investment-property equity for a business purpose.
Available DSCR scenario paths
DSCR purchase loans
Purchase an eligible single-family rental, condominium, townhome, 2–4 unit property, or another program-eligible investment property.
DSCR refinance
Review a rate-and-term refinance for an existing non-owner-occupied rental property.
DSCR cash-out refinance
Explore eligible rental-property equity for another acquisition, reserves, improvements, or another approved business purpose.
Short-term rental DSCR
Discuss eligible Airbnb, VRBO, or other short-term rental income approaches.
DSCR loan rates
Understand the property, leverage, credit, coverage, prepayment, and structure factors that can affect a DSCR quote.
DSCR loan FAQ
Review common questions about DSCR calculations, property types, documentation, occupancy, and quote preparation.
What to have ready for a live DSCR quote
- Loan goal: purchase, rate-and-term refinance, or cash-out refinance.
- Property: address, property type, purchase price or estimated value, and current status.
- Financing: requested loan amount and current mortgage balance when applicable.
- Cash flow: current or expected monthly rent and known property expenses.
- Borrower profile: estimated credit range, entity vesting plan, and available reserves.
The first review is not an approval or commitment to lend. A complete application, documentation, property review, appraisal, title work, and underwriting may be required before final terms are available.
Frequently asked questions
Are DSCR loans only for investment properties?
This website is dedicated to business-purpose financing for non-owner-occupied investment properties. Occupancy and use-of-proceeds requirements are subject to the selected program and underwriting review.
Do all DSCR programs use the same guidelines?
No. Minimum coverage, credit, leverage, reserves, property, prepayment, and documentation requirements vary by lender, program, state, and transaction.
Can I start with a phone call?
Yes. Call 833-DSCR-LOAN with the property value or purchase price, requested loan amount, rent, credit range, and loan goal.
DSCR loan planning resources
DSCR loan requirements
Review property, rent, credit, leverage, reserve, and documentation factors.
Investment property loans
Compare purchase, refinance, cash-out, and short-term rental paths.
No-tax-return DSCR loans
Understand what property-focused qualification means and what documentation is still required.
Research the details before choosing a structure
Visit the DSCR Loan Guides for focused information about ratio, down payment, credit, rent, documents, closing, cash-out, and prepayment terms.
Talk through the rental property numbers.
Call the NonQM123 DSCR Desk or send the scenario online for a business-purpose investment-property review. Program availability and terms depend on the complete scenario and underwriting approval.
Business-Purpose Investment Financing
This DSCR website presents financing intended for eligible non-owner-occupied investment properties and business purposes only. The subject property may not be occupied by the borrower or the borrower’s family when prohibited by the applicable loan program. Loan proceeds may not be used for personal, family, or household purposes.
- Non-owner-occupied investment property
- Business-purpose loan proceeds only
- Subject to underwriting and state restrictions
Program availability, occupancy requirements, loan terms, and eligibility are subject to underwriting guidelines, property review, credit approval, state restrictions, and lender approval.