DSCR Loan Program

What is a DSCR Loan?

A DSCR loan – short for Debt Service Coverage Ratio loan – is a type of real estate investment loan designed for investors, not owner-occupants.

DSCR Program Specifications:
• 30-Year fixed rate mortgage
• Must be deemed a business purpose loan and exempt from ATR, QM, and HPML
• Max loan amount = $2M
• Credit score = 640
• Max LTV = 80%
• Minimum 6 months reserves required

Benefits of a DSCR Loan:
• Qualify with rental income, not personal income
• No W2’s = Less documentation
• Cash flow focused
• Flexible for multiple properties
• Scale faster with DSCR

Want to learn more about DSCR Loans? Complete the form below and one of our licensed Loan Officers will reach out to help answer your questions.