DSCR rental loan
A 30-year loan on one rental, qualified on the rent instead of your tax returns.
Up to 80% LTV · 1.05x DSCR · 660 FICO
Loans for 1-4 unit investors
Fund the next door.
30-year rental loans qualified on the rent, flip loans that fund the rehab, and construction loans for spec homes. Run the deal below with the lender's real limits, then send it.
- Qualify on rent, not tax returns
- No experience needed on rentals and flips
- $50K to $3M
DSCR calculator
Clears 1.05x minimum
Debt service coverage
1.22x
Rent of $2,650 covers the $2,171 monthly payment 1.22x. The program minimum is 1.05x.
- Loan amount
- $243,750
- Principal and interest
- $1,663
- Taxes, insurance, HOA
- $508
- PITIA per month
- $2,171
- Largest loan at 1.05x
- $295,448
- Rent needed at 1.05x
- $2,280
- Rent minus PITIA
- $479
Lender's DSCR: monthly rent divided by principal, interest, taxes, insurance and association dues (PITIA). Before vacancy, repairs and management.
Programs
Five loans, one lender, the whole life of a deal
Fix and flip loan
Purchase money plus the rehab budget, paid out in draws, for a house you will sell.
Up to 90% of price · 100% of rehab · 75% of ARV
Ground-up construction loan
Land plus 100% of the build budget for infill, tear-down and spec homes.
Up to 85-90% of cost · 70% of completed value
Rental portfolio loan
One blanket loan across several rentals: one closing, one payment.
Up to 80% LTV · 1.05x DSCR · 680 FICO
1-4 unit bridge loan
Short-term money on a finished house while you sell it or wait to refinance.
Up to 70% LTV · 660 FICO · as-is value
Foreign national loans
Every program above, for investors who are not US citizens or residents.
Rentals up to 65% LTV
Terms as the lender publishes them. Available in 47 states and Washington, DC. Not available in North Dakota, South Dakota or Vermont.
One desk for the whole life of a deal
Investors rarely need just one loan. A house gets bought with a flip loan, finished, leased, then refinanced into a 30-year rental loan; the rentals get rolled into a portfolio loan; the equity funds a ground-up build. Each program on this site comes from the same lender, so the refinance is lined up before you buy, and the second loan does not start from zero.
The calculators are the underwriting
Every calculator here uses the lender’s real rules: 1.05x DSCR on rentals, 90% of price and 100% of rehab on flips capped at 75% of ARV, the seasoning rule on a BRRRR refinance, 85% of cost on construction. When the numbers work on the sheet, they are close to what you will be offered. When they do not, the sheet tells you which limit is in the way.
Questions people ask
Do I need tax returns to get a rental loan?
No. A DSCR rental loan is qualified on the property's rent against the payment, plus your credit score (660 or higher). No W-2s, pay stubs or tax returns.
Can a first-time investor get these loans?
Yes. The DSCR rental, fix and flip and bridge loans have no experience requirement. Ground-up construction usually needs one or two prior builds.
Can I borrow in my own name?
The loans are made to a business entity, usually an LLC, with you as personal guarantor. You can form the LLC before closing.
Which states do you lend in?
47 states and Washington, DC. Not North Dakota, South Dakota or Vermont.
Can I use these loans on a home I will live in?
No. These are business-purpose loans for investment property only.
Got a deal under contract?
Send the numbers. We will tell you plainly whether it fits.