DSCR Loans

About Program

DSCR loans are designed for real estate investors who want to qualify based on a property’s rental income, not personal income or employment. These loans are ideal for borrowers who want to build or scale a rental portfolio without traditional income documentation.

Key features

No personal income or job required
Qualify based on rental cashflow
Up to 75% LTV available
Available for investment properties only

10% minimum down
Max 80% LTV
Primary SFR only
700+ FICO
43% max DTI
No secondary financing or gift funds
One borrower must have permanent residency
Series 1: Bank Statement

No limit on property count
Short-term and long-term rentals are eligible
No mortgage insurance required
Bank statements or lease agreements used for income

Requiere to Disclose

Required to Underwrite

(in addition to above)

FAQ

How much down payment assistance can my clients receive?

With the DPA Program, your clients can access up to 50% of the required down payment on non-QM loans. This benefit allows you to structure deals with lower upfront costs, up to 20% lower monthly payments, and the ability for your clients to buy up to 25% more home without stretching their budget.

Which clients are eligible for the DPA Program?

The program is designed for borrowers with a minimum 700 FICO score, financing up to 80% LTV on primary residence single-family homes. You can submit either bank statement or full documentation loans, with a maximum 43% DTI, and it’s available nationwide, giving you broad flexibility to place loans.

How does the repayment work for my clients?

There’s no repayment required unless the property is sold or refinanced. With no lien and no secondary financing or gift funds needed, you can present a simple, competitive option that enhances your borrowers’ purchasing power and differentiates your offerings.