What is a Investor DSCR Loan?

This program is perfect for flexible investors who are self-employed or have other unique financial profiles.All we need to look at for your rental properties is a lease agreement, or income of the property.
will qualify you based on the cash flow of the property and not your individual income on your tax return
How is DSCR calculated?
The debt service coverage ratio is defined as the Net Operating Income (NOI) divided by Annual Debt Service on the proposed loan. Debt service is just a fancy word that means the loan payments.
Debt Service Coverage Ratio = Net Operating Income / Annual Debt Service
Qualification Criteria
Self-Employed only
80% LTV up to a loan amount of $1,000,000.00 with a Min FICO score of 700 (At least an Even DSCR Required)
75% LTV up to a loan amount of $2,000,000.00 with a Min FICO score of 640 (Negative Debt Service Ratio Permitted)
65% LTV up to a loan amount of $3,000,000.00 with a Min FICO score of 620 (Negative Debt Service Ratio Permitted)
60% LTV up to a loan amount of $4,000,000.00 with a Min FICO score of 620 (Negative Debt Service Ratio Permitted)
55% LTV up to a loan amount of $5,000,000.00 with a Min FICO score of 620 (Negative Debt Service Ratio Permitted)
70% LTV* Rate and Term and Unlimited Cash Out refinances available
Reserve requirements are 6 months PITI up to a $1,500,000.00 Loan amount, anything above requires 12 months PITI
Cash Out can be used as reserves
Cash Vest in LLC or Corporation
Apply Now For True Stated Income

Wondering if you'd qualify?

Check out some of recent closed deals.

roof-financing-image
Purchase Price: $770,000.00
Loan Amount: $616,000.00

3 Unit Investment Property taking 100% of Rental Income with an Even Debt Service

Apply Now
mobile-home-roof-financing
Home Value: $625,000.00
Loan Amount: $437,500.00

Refinanced into a 30 year Fixed rate using a DSCR to qualify

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roof-bad-credit
Purchase Price: $530,000.00
Loan Amount: $397,500.00

2 Unit Purchase with a Negative Debt Service

Apply Now
roofing-company
Home Value: $380,000.00
Loan Amount: $247,000.00

C/O just under $75,000.00 with a Negative DSCR

Apply Now