Nationwide DSCR investor loans — qualify on the property, not your tax return
A Debt Service Coverage Ratio (DSCR) loan is designed for real estate investors who want to qualify based on a property’s income potential rather than personal financials. Lenders evaluate the property’s cash flow to ensure it covers loan payments — making DSCR loans ideal for rental and investment properties.
These loans remove the need for W-2s, pay stubs, or tax returns, offering flexibility for investors, entrepreneurs, and self-employed borrowers. Whether you’re expanding your portfolio or refinancing to free up capital, DSCR loans simplify financing for income-producing properties.
At Select Home Loans, we make DSCR lending fast and straightforward. Unlike most of our products, our DSCR program is available nationwide — not just in Florida.
DSCR (Debt Service Coverage Ratio) loans qualify the property, not you. Lenders calculate the property's expected rental income against its monthly debt service (principal, interest, taxes, insurance, and association fees). If the ratio meets the minimum — typically 1.0–1.25 — you qualify, regardless of what your personal tax returns look like.
This makes DSCR the workhorse loan for serious real-estate investors. There's no DTI calculation, no W-2s, no pay stubs, and no tax returns required. You can close in an LLC, scale across multiple properties, and use rental income (actual or market-rent appraisal estimates) to qualify.
Our DSCR program is one of the few products we offer nationwide — not just in Florida. We finance single-family rentals, 2–4 unit properties, short-term rentals (with an STR-friendly underwriting overlay), and small portfolios. Closings run 21–30 days for most files.
Most programs accept a 1.0 (rent equals payment) and offer better pricing at 1.25+. Specialty programs accept ratios as low as 0.75 with higher rates and lower LTV.
Yes — DSCR loans are designed for entity ownership. We close in your existing LLC or help you structure a new one before closing.
Either lease in place, market rent from the appraiser's 1007 form, or short-term rental projections (for STR programs). We use the higher of lease or market rent on most files.
Typically 20% down on purchases (sometimes 15% for strong borrowers) and up to 75–80% LTV on rate/term refinances and cash-out refinances.
Yes — DSCR is one of the few products we offer in all 50 states. Investors expanding portfolios across state lines can finance every property through a single broker relationship.
