DSCR investor loans
The deals other lenders decline are our specialty.
Qualify on the property's rent, never your tax returns, with a menu most lenders don't carry: up to 85% LTV, no-ratio for vacant properties, and Airbnb revenue counted in full.
Program snapshot
DSCR at a glance
- Qualifies on
- the property's rent
- Income docs
- none, no tax returns
- Leverage
- up to 85% LTV
- Coverage tiers
- 1.15x down to no-ratio
- Properties
- 1-8 units, condos, mixed-use
Program menus from specialty wholesale lenders. Terms vary by tier and program and change without notice. Not an offer or approval.
Three things you won't find on most rate sheets.
We broker dozens of wholesale lenders, including the specialty Non-QM shops whose guidelines go where banks won't.
85%
max LTV
Leverage most menus don't have
Standard DSCR stops at 75 to 80% LTV. Select specialty programs go to 85% on purchases and rate-and-term refinances, so only 15% of your capital gets parked.
- 700+ credit and 1.00x+ coverage required
- 1 to 4 units and warrantable condos
- Keeps cash free for rehabs and the next deal
0.00x
no-ratio DSCR
Vacant? Still closes.
No-ratio programs waive the cash-flow test entirely. Vacant, under-rented, or mid-stabilization, the deal can still get done, with sub-1.0 tiers from 0.50x filling the middle ground.
- No income test on the property
- 65 to 70% LTV with 700+ credit and reserves
- Built for value-add and post-rehab stabilization
100%
of short-term rental revenue
Airbnb income, actually counted
Standard appraisals use long-term unfurnished comps that badly undercount STR revenue. Select programs qualify on AirDNA-style projections or your last 12 months of platform history.
- AirDNA and Rabbu style reports accepted
- Or 12 months of gross revenue from your dashboard
- Built for vacation and high-yield STR markets
Declined somewhere else?
A no from one lender is a matching problem, not a verdict.
The numbers are tight
Sub-1.0 tiers qualify properties down to 0.50x coverage. Interest-only qualifying uses the lower I/O payment in the math, which pushes many 0.85 to 0.95x deals over the line. And asset-utilization programs let liquid assets like brokerage accounts and retirement funds bridge whatever gap the rent leaves.
It's 6 units, or shops below and apartments above
Instead of forcing 5 to 8 unit buildings and mixed-use properties into slow commercial underwriting, select programs write them with residential-style DSCR guidelines: 30-year fixed terms, standard appraisals, no balloons, faster closings.
No US credit, no SSN
Foreign national and ITIN programs qualify the property, not the person. Passport, international bank statements, and a rent schedule get it done, with leverage up to 70 to 75%.
Ten properties, one loan
Blanket DSCR loans combine multiple properties under one mortgage: one closing instead of ten, equity unlocked across lower-value doors, and strong performers carrying weaker ones to an aggregate 1.00x+.
From scenario to quote, fast.
- 1
Send the deal
Address, price, and the rent story: leases, market rent, or STR history. Two minutes, no tax returns ever.
- 2
We shop the specialty menu
Dozens of wholesale lenders including the specialty Non-QM shops, matched on leverage, coverage tier, and prepay structure.
- 3
Quote in hand
A real quote with tier options laid side by side, fast.
The quick eligibility check.
- No tax returns or W-2s
- Qualifies on the property's rent
- 1-8 units, condos, and mixed-use
- Purchases, rate-and-term, and cash-out
- Interest-only options, up to 40-year terms
- Prepay structures from 5-year step-downs to none
Still penciling the deal? Run it through our free investment calculator first: rental, BRRRR, or flip, with an emailed report.
Straight answers
What is a DSCR loan?
A loan that qualifies on the property instead of your paycheck. DSCR is the debt service coverage ratio: the property's rent divided by its full payment including taxes, insurance, and any dues. At 1.00x the rent covers the payment exactly. No tax returns, no W-2s, no employment math, which is why investors with complex returns or fast-growing portfolios live on these.
What if the property doesn't cash flow?
That is exactly where our menu is deepest. Sub-1.0 tiers qualify coverage down to 0.50x with a modest leverage haircut. No-ratio programs skip the test entirely for vacant or stabilizing properties. Interest-only qualifying shrinks the payment side of the ratio. And asset-utilization programs let your liquid assets bridge the gap the rent leaves.
Can I really put just 15% down?
On select programs, yes: 85% LTV on purchases and rate-and-term refinances. It is earned, not given: plan on a 700 to 720+ credit score, coverage of at least 1.00 to 1.15x, and a standard 1 to 4 unit property or warrantable condo. When a deal doesn't fit, the 80 and 75% tiers are right behind it.
How does short-term rental income count?
Two ways, on the programs built for it: forward-looking AirDNA-style projections, or your actual trailing 12 months of gross revenue exported from the platform. Either beats a long-term rent appraisal that treats your beach rental like an unfurnished annual lease.
I'm a foreign national, or I have an ITIN instead of an SSN. Can I buy?
Yes. These programs qualify the property alone, so no US credit score or domestic tax returns are needed. Documentation is simple: passport, international bank statements, and the rent schedule, with leverage typically up to 70 to 75%.
What about prepayment penalties?
DSCR loans usually carry them, but the structure is a menu, not a mandate: step-downs like 5/4/3/2/1 or 3/2/1, shorter schedules, or no penalty at all. If your plan is a BRRRR refi or a sale inside two years, we quote the structure that keeps your exit cheap and tell you what it costs in rate.
Bring us the deal someone else declined.
Two minutes to send the scenario. We quote from the whole specialty menu and show you the tiers side by side.
Guthix Lending • NMLS# 2672037 · DSCR programs are business-purpose loans for non-owner-occupied investment properties. Leverage, coverage requirements, credit minimums, reserves, and pricing vary by program and tier, and program menus change without notice. Figures shown reflect the most favorable available tiers and are not offered in every scenario or state. Not all borrowers or properties will qualify. This is not a commitment to lend or an offer of specific terms.