DSCR loans can be a great financing option for self-employed investors and those looking to grow their portfolios rapidly. The loan is underwritten based on the rental income the property generates. The property’s income must cover monthly debt service payments. No need to provide W-2s or personal income documentation.
Fixed rate loan on a rental property based on DSCR (1.0x)
No personal income requirement
Competitive rates
SFR (1-4 unit), condo, townhome
Up to 80% of value
30-year term
$75k – $3M
