Rent-Only Investor Loan (DSCR Mortgage)

Your rental's income does the qualifying!

A Rent-Only Investor Loan, also known as a DSCR mortgage, allows real estate investors to qualify based on a property’s rental income instead of traditional personal income documentation.  

Qualify using rental income only! Not your personal income.

What is a DSCR Loan?

A DSCR (Debt Service Coverage Ratio) loan — also called a Rent-Only Investor Loan — lets you qualify for a mortgage using the property’s rental income, rather than your personal income.

Instead of focusing on W-2s, tax returns, or pay stubs, we look at whether the rent supports the monthly mortgage payment.

Simple version: the rental income does the qualifying.

Key Features of a DSCR Loan:

• Qualify using rental income only
• No-rent option available for certain scenarios
• No personal income verification
• No tax returns or W-2s required
• For 1-4 unit investment properties
• Purchase, rate/term, and cash-out refinance options
• Cash-out funds may be used as reserves
• Fixed-rate and ARM options
• Options with no prepayment penalties available
• Can close in an LLC or personal name

Basic Guidelines (General)

Guidelines vary by lender and property type, but common requirements include:

• 1-4 unit investment property
• Rental income must reasonably support the payment
• Credit score typically 680+
• Down payment often 20-25%+
• Appraisal includes market rent analysis
• Reserves may be required
• Short-term rental income may be eligible in many cases
  
  

Find Out More - Let's Talk

Want to see if a Rent-Only Investor Loan fits your next purchase or refinance? I'll help you review the property, run the numbers. and compare options.

Already have a DSCR loan?

Reach out and I'll check whether lower interest rate or better-term options may be available.