DSCR Loans for Rental & Investment Property Qualify on the property's rent, not your paycheck.
Rent. Payment. LTV. Property type. Tell us the deal, and a licensed DSCR specialist will tell you if the numbers work. No tax returns, W-2s, or pay stubs for income.
Takes about a minute · No obligation
Does the rent cover the payment?
DSCR = monthly rent ÷ monthly payment (principal, interest, taxes, insurance, and HOA). Enter your numbers to see where your property lands.
What your DSCR means
The higher the ratio, the stronger your terms. Below 1.00 doesn't always mean no. Call us and we'll look at options.
- Excellent1.25+
- Good1.10 – 1.24
- Minimum range1.00 – 1.09
- Talk to usBelow 1.00
DSCR loans for rental property
Buy, refinance, or pull equity from rentals without your personal income in the file, so you can keep scaling after a conventional lender says your DTI is maxed.
Purchase a rental
Qualify on the projected rent of the property you're buying, not your W-2 or tax returns.
Rate & term refinance
Move an existing rental onto a 30-year fixed or better terms, using the property's cash flow to qualify.
Cash-out refinance
Pull equity up to 75% LTV to fund your next acquisition, repairs, or reserves.
Short-term rentals
Airbnb and VRBO income can be used to qualify.
2–4 unit properties
Duplexes, triplexes, and fourplexes qualify on combined unit rents.
Portfolio loans
Finance five or more rentals together as your portfolio grows.
DSCR loan requirements at a glance
Your rate depends on your DSCR, LTV, credit, and property type. Tell us the deal and we'll price it.
| Program | Max LTV | Term | Min loan |
|---|---|---|---|
| Single-family rental | Up to 80% | 30-year fixed | $100,000 |
| Short-term rental (Airbnb/VRBO) | Up to 75% | 30-year fixed | $150,000 |
| 2–4 units | Up to 75% | 30-year fixed | $150,000 |
| Cash-out refinance | Up to 75% | 30-year fixed | $100,000 |
| Portfolio (5+ properties) | Up to 70% | 5/1 ARM or 30-year | $500,000 |
Investment properties only; not available for a primary residence. All loans subject to credit approval, property appraisal, and underwriting guidelines. Terms shown are program maximums and minimums; your terms may vary. Not a commitment to lend.
Do DSCR loans need bank statements? Not for income.
The property qualifies, so the paperwork is about the property, not your personal income.
What you'll provide
- Lease agreement, or appraisal rent schedule for vacant or new purchases
- Short-term rental income history, if using Airbnb/VRBO income
- Bank statements to verify reserves and funds to close only
- Credit report
- Entity documents, if closing in an LLC
- Property insurance and purchase contract or mortgage statement
What you won't need for income
- Personal tax returns
- W-2s or pay stubs
- Employment verification
- Profit & loss statement or CPA letter
- Bank statements used as income
From rent roll to term sheet
- Share the propertyAddress, property type, rent, purchase price or value, and loan amount.
- We calculate your DSCRA licensed loan expert runs the rent against the full payment and checks LTV.
- Get a term sheetUsually within 24 hours*, with rate, LTV, and exactly what documents you'll need.
- Appraisal and closeMost DSCR loans close in 5–10 business days* after appraisal and title.
One DSCR specialist. Your deal. A straight answer.
You work directly with a licensed loan expert from the first call through closing, not a call center.
Good fit, or a better loan elsewhere?
DSCR isn't for every deal. Here's how to tell, and where to go if it's not a match.
DSCR is a good fit if…
You're buying or refinancing a rental that cash-flows, your tax returns show low income after write-offs, or your DTI is maxed out with a conventional lender.
Check my property →Buying a home to live in?
DSCR is for investment property only. If you're self-employed and buying a primary home, a Non-QM loan can qualify you with bank statements, a P&L, or 1099s.
See Non-QM loans →Need to close fast on a short hold?
If the property doesn't cash-flow yet or you need short-term bridge financing, hard money qualifies on equity, exit strategy, and timeline.
See hard money loans →DSCR loan questions
What is a DSCR loan?
A DSCR (debt service coverage ratio) loan is an investment property loan that qualifies on the property's rental income compared to its monthly payment, instead of your personal income. DSCR is calculated as monthly rent divided by the monthly payment (principal, interest, taxes, insurance, and HOA).
Do I need tax returns or W-2s for a DSCR loan?
No. DSCR loans do not use tax returns, W-2s, or pay stubs to qualify your income. The property's rent is what qualifies.
Do DSCR loans require bank statements?
Not for income. Bank statements are only used to verify reserves and funds to close, not to calculate income. If you want to qualify using bank statement deposits as income, that is a Non-QM bank statement loan.
What DSCR ratio do I need?
A DSCR of 1.00 means the rent covers the payment. 1.00 to 1.09 is generally the minimum range, 1.10 to 1.24 is good, and 1.25 or higher typically gets the strongest terms. Below 1.00 may still have options; talk to a loan expert.
Can I use Airbnb or VRBO income to qualify?
Yes. Short-term rental income from Airbnb and VRBO can be used for DSCR qualification.
Is a DSCR loan right for me if I'm buying a home to live in?
No. DSCR loans are for investment properties only, not a primary residence. For a home you'll live in, look at conventional, FHA/VA, or Non-QM options.
Is cash-out refinance available on a DSCR loan?
Yes. DSCR cash-out refinances are available up to 75% LTV, so you can use rental equity for your next acquisition, repairs, or reserves without personal income verification.
Have a rental deal in front of you?
Send us the address, rent, and loan amount. A licensed DSCR specialist will tell you if the numbers work, with no obligation.
*Term sheet and closing timelines are estimates and may vary with appraisal, title, and underwriting conditions. Rates are not guaranteed; the actual rate is determined at application. Not all applicants will qualify. Investment property only. American Prime Rate LLC, NMLS# 2421810.