DSCR Loans
Investment property financing based on rental income
Debt service coverage ratio loans qualify the property, not your paycheck. If the rent supports the payment, the deal can work, with no personal income documentation required. Available through our wholesale lending network.
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What this program offers and who it tends to fit best.
01
LLC vesting available
Close in an entity where permitted for liability and portfolio planning.
02
No personal income docs
No tax returns, W-2s, or employment verification.
03
Qualify on rental income
The property's cash flow carries the qualification.
04
Short-term rental friendly
Programs available that consider documented or projected STR income.
01
Faster files
Less documentation means fewer conditions to chase.
02
Scale your portfolio
Add properties without re-documenting personal income each time.
03
Investor-first structure
Terms designed around how rental investors operate.
04
Purchase or refinance
Acquire new rentals or pull equity from properties you already own.
frequently asked questions
Common questions about this loan program.
A DSCR loan is an investment property mortgage that qualifies the property rather than the borrower. The lender compares the rent the property produces against its total housing payment, and if the coverage is sufficient, the loan can proceed without personal income documentation.
DSCR is calculated by dividing the property's gross monthly rent by its total monthly payment, including principal, interest, taxes, insurance, and any association dues. A result of 1.00 means rent exactly covers the payment. Minimum requirements vary by lender and program.
No. DSCR programs are designed to qualify without tax returns, W-2s, pay stubs, or employment verification. Lenders still review credit, assets for down payment and reserves, and the property itself.
Yes, most DSCR programs allow closing in an LLC or other entity, which is one reason investors favor them for portfolio building. A personal guarantee is often still required. Availability varies by lender and by state.
Some DSCR programs accept short-term rental income, using either documented history from platforms like Airbnb or a market rent projection. Treatment differs significantly between lenders, so confirm the approach before you make an offer on a property.
Talk with a licensed City First Mortgage loan officer about your goals, your timeline, and which program fits. No cost, no obligation, and no credit pull to start the conversation.
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