Quick Answer
DSCR loan requirements: 620+ credit score, 20-25% down payment, 1.0+ DSCR ratio, investment property only. NO tax returns, W-2s, or income verification required. Loan amounts from $75K to $30M. Approval in 24-48 hours, close in 7-14 days.
DSCR Loan Requirements 2025
Complete Requirements Checklist
Credit Score
Lower scores available case-by-case. 700+ qualifies for lowest rates (5.99%)
Down Payment
Varies by credit score and property type. Higher down = better rate
DSCR Ratio
Monthly rent ÷ monthly debt. Some programs accept 0.75+ with compensating factors
Property Type
Also accepts: condos, townhomes, small commercial, mixed-use
Loan Amount
We finance up to $30,000,000 for large portfolios
Property Use
Long-term rental, Airbnb/STR, or property needing minor repairs
What You DON'T Need (No-Doc Advantage)
✓ This is the power of DSCR loans
You qualify based on the property's rental income, not your personal income. Perfect for self-employed, business owners, and investors with complex finances.
Required Documentation
While we don't need tax returns or W-2s, you'll need these basic documents:
Personal Documents
- Government-issued ID (driver's license, passport)
- Credit authorization form
- Proof of down payment funds
Property Documents
- Purchase contract (if buying)
- Current lease agreement (if refinancing)
- Property insurance quote
- Market rent analysis (we can provide)
Property Requirements
Acceptable Property Types
Property Condition
Property must be in rentable condition (no major repairs needed). However:
- ✓ Minor cosmetic updates are acceptable
- ✓ We finance Airbnb/short-term rentals
- ✓ Long-term rental properties (existing tenants OK)
- ✓ Properties rented within last 12 months
Special Situations
Foreign Nationals
Yes! We offer DSCR loans to foreign nationals investing in U.S. real estate. Same requirements apply.
First-Time Investors
Yes! No previous investment property experience required. We help first-time investors get started.
Multiple Properties
No limit! Finance 10, 20, or 100+ properties. Portfolio loans available for 5+ properties.
Cash-Out Refinance
Must own property for 6+ months. Can access up to 80% LTV. Use cash for renovations or next purchase.
Check If You Qualify
Get pre-approved in 24-48 hours. Submit your property info and we'll provide a preliminary qualification within 1 business day.