DSCRPURCHASELOANS

• Ideal for Real Estate Investors looking for an easier way to acquire rental properties, without the hard money interest rates and terms.
• Investment Homes Only - Owner cannot occupy any part of the property
• 🚀 Fast Turn-around time: Most DSCR loan programs fund in 3-5 weeks.
• Take Cash-Out for business and investment purposes
• No Tax Returns or Personal Income needed to qualify
• Qualify on the income potential of the property (aka - "DSCR Ratio Formula")
• Single-Unit Homes and 2-4 Multi-Unit Homes and 5-8+ Unit Properties
• 📌 We allow up to 6% Seller Closing Cost Credits (compared to the industry average of 2%)

NO RATIO DSCR PROGRAM - With this DSCR program, no DSCR Ratio is calculated. This is helpful for quickly acquiring properties with less risk and hassle, and also helpful for properties that currently lack sufficient cash-flow to qualify for a traditional DSCR program.  

Buying an investment property? Modern DSCR Purchase Loans offer a streamlined, hassle-free way to qualify, focusing on rental income potential rather than personal tax returns. Whether you're purchasing single-family rentals, multifamily properties, or mixed-use investments, this program provides flexible terms to help you grow your real estate portfolio with ease.

• ✅ No Tax Returns or Personal Income Verification Required – Qualify based on property cash flow.
• ✅ Flexible Loan Terms – Choose from fixed-rate, adjustable-rate, or interest-only options.
• ✅ High Loan-to-Value (LTV) Options – Maximize your leverage and buying power.
• ✅ Investor-Friendly Underwriting – Simplified process designed for real estate investors.

🚀 Expand your real estate portfolio with a modern DSCR purchase loan.

To qualify for a DSCR Loan, applicants must have the following:

• DOWN PAYMENT of 20%. For 2-4 unit multi-family homes, the minimum down payment is 25%.
• MINIMUM FICO for a Standard DSCR Loan is 620 or higher. Credit scores < 700 may affect LTV / down payment. (see loan originator for details)
• For FICO scores 500+, check out our CreditQuick 50 Program
• For FICO scores 600+, check out our NoRatio Pro Program
• PRIMARY HOME EXPERIENCE with a clean, verifiable residency payment history in the most recent 12 months.
• NOTE: Renters can qualify on a case-by-case basis as long as there is verifiable 12 month payment history from an institutional landlord. Non-institutional landlords and "living with family" (with or without housing expenses) is prohibited.
• Owning another investment property with verifiable rental revenue is also acceptable.
• HAVE 3 OR MORE ACTIVE CREDIT TRADELINES APPEARING ON CREDIT HISTORY FOR THE MOST RECENT 12 MONTHS, *OR* 2 active tradelines for the most recent 24 months.
• DSCR RATIO - Property being financed must have a sufficient Debt Service Coverage Ratio.*   0.75+ or higher

* If the property being financed does not have a sufficient market rental viability to support debt service, try our NO RATIO DSCR PROGRAM »