No pay stubs or W-2s neededBuild a portfolio of propertiesA simpler way to finance investment properties
Get a lower rate than other investment loans to save on monthly payments.
Better pricing and loan-to-value (LTV) limits with a DSCR ratio of 1.00 or higher.
Loan amounts from $100K to $1.5M for purchase, refinance, or cash-out refinances.
Over 730K clients. 23 years’ experience. One goal: helping you build a brighter future.
See your best loan options with technology that analyzes your finances in real time.
Pick the right loan and term that helps you achieve your unique homeownership goals.
Get approved and funded quickly, so you can enjoy your new financial freedom.
See your best loan options with technology that analyzes your finances in real time.
Pick the right loan and term that helps you achieve your unique homeownership goals.
Get approved and funded quickly, so you can enjoy your new financial freedom.
DSCR loans use the property's rental income, not your personal income, to qualify. The Debt Service Coverage Ratio measures whether the rent covers the mortgage payment.
DSCR loans require an investment property; single-family rental, multi-family up to four units, or short-term rentals in eligible markets.
Divide the property's monthly rental income (actual or market-based) by the proposed mortgage payment. Most DSCR programs require a 1.0 to 1.25+ ratio.
Without tax returns and W-2s to verify, DSCR loans can close in weeks rather than months, even for borrowers with complex income.
Each property qualifies on its own merits, so DSCR loans don't cap your portfolio size by personal DTI like conventional loans do.
A DSCR of 1.0 means the property's rent exactly covers the mortgage payment. Most programs require 1.0 to 1.25+, meaning the property's rental income is at least equal to its housing cost.
DSCR loans were designed for the realities of real estate investing where the property is the asset, and its income is what matters.
Investors with multiple properties often hit conventional loan limits or DTI ceilings; DSCR loans qualify each property on its own cash flow.
Borrowers whose tax returns show low net income (after deductions) but who have strong cash flow can still qualify.
Buy, rehabilitate, rent, refinance, repeat; DSCR loans support the refinance step without tax-return-based qualification.
DSCR programs increasingly accept projected short-term rental income for properties in eligible markets.
DSCR qualification is property-driven, not income-driven, but specific thresholds must be met.
The property's monthly rental income (actual or market-based) divided by the proposed mortgage payment, typically 1.0 to 1.25+ depending on program.
620–680+ typical, depending on the program and down payment.
20–25% minimum for most programs; can be higher for short-term rentals or certain property types.
Often 3–6 months of mortgage payments in liquid assets at closing.
DSCR (Debt Service Coverage Ratio) loans qualify on the property's cash flow instead of your personal income - a fundamentally different approach to investment property financing.
DSCR loans unlock investment property financing for borrowers who don't fit conventional underwriting, but flexibility comes at a price.
Tax returns, W-2s, and DTI calculations don't factor in; the property's cash flow is what qualifies.
Less documentation to gather, verify, and underwrite.
Each property qualifies on its own merits; portfolio size isn't capped by personal DTI.
Many DSCR programs lend to LLCs, partnerships, or trusts; useful for asset protection and tax planning.
Single-family rentals, multi-family up to four units, short-term rentals; wider property type acceptance.
Typically 0.5 to 1.5 percentage points above conventional investment property rates; the spread widens for short-term rentals, lower DSCR ratios, or weaker credit.
20–25% minimum is standard; some property types require more.
The property's rental income must cover the mortgage payment by a minimum ratio (typically 1.0–1.25).
Many DSCR programs include prepayment penalties to protect the lender's yield.
DSCR loans are strictly for investment properties.
A DSCR loan is a type of mortgage for investment properties that looks at the property's rental income instead of the borrower's personal income, tax returns, or work history to see if they qualify. Continue Reading...
We divide your property’s monthly rental income by its monthly mortgage payment (including taxes and insurance). A ratio of 1.00 or higher indicates that the property generates enough income to cover its expenses.
Yes. While additional requirements apply, we welcome short-term rental properties and can help structure your loan appropriately.
You’ll need a minimum FICO score of 680 to qualify for an AmeriSave DSCR loan.
Absolutely. We can close your loan under your business entity if you own at least 50% of the LLC.
