DSCR Rental Property Loans:

DSCR

Rental Property Loans: 

Updated 5/18/2023

Landlords need a private source of capital for their rental loans that remove the red tape out of lending. No tax returns required or collected. Debt Service is calculated against the subject property only. 


  • Purchase up to 80% Loan to Value. 
  • Unlimited Cash-out Refinances up to 75% of As-Is Value. 
  • Low minimum debt service coverage of 1.00. 
  • Rates starting in 7s. 
  • 5 Year ARM, 10 Year ARM, or 30 Year Fixed Rates available! 
  • Origination Fees fixed at 2%. 
  • Quick closings in 7 to 21 days. 
  • Collateral Type: Single Family Homes, 2-4 Units, Townhomes, and Condos. 
  • 5 year Prepayment Penalty - 5% - 4% - 3% - 2% - 1%
  • Minimum Request: $100,000
  • Maximum Loan Request: $3,000,000 (Higher Case by Case.) 
  • Brokers Protected and Compensated. 



The Following Documentation is Requested For Application:

  • Lease Agreement(s) - If available.
  • Current Payoff Good For 30 Days ( If Refinance )
  • Executive Summary
  • Use of Borrowed Funds LOE
  • Purchase Agreement ( If Purchase )
  • Subject Properties can be vacant! 
  • Real Estate Property Taxes - Proof of Current
  • Current Insurance Policy for refinances.
  • For Purchases a Preliminary Insurance Policy to Bind at Close of Escrow
  • Preliminary Title
  • Escrow Agent & Title Agent Contact Information
  • Insurance Agent Contact Information
  • Borrower Credit Report
  • ID
  • 3 Months Personal and Business Asset Statements
  • Fully Executed Personal Financial Statement and REO Schedule
  • HUD-1 or Settlement Statement for refinances.
  • Capital Improvements List since purchase for refinances.