A DSCR loan is underwritten on the rent the property collects against its payment. No debt-to-income test, no tax returns, no employment verification. Run your numbers below before you send anything over.
Where a clean file lands today. Your quote moves with FICO, experience, leverage, and the property.
| Tier | DSCR | FICO | Max LTV — purchase | Max LTV — cash-out | Rate from |
|---|---|---|---|---|---|
| Tier 1 | 1.25+ | 740+ | 80% | 75% | 6.75% |
| Tier 2 | 1.15 – 1.24 | 700+ | 80% | 75% | 7.00% |
| Tier 3 | 1.00 – 1.14 | 680+ | 75% | 70% | 7.375% |
| Tier 4 | 0.75 – 0.99 | 680+ | 70% | 65% | 8.125% |
| No-ratio | Below 0.75 | 720+ | 65% | — | 8.75% |
Short-term rental income considered with a 12-month operating history or an appraiser's market-rent schedule. First-time investors accepted with reduced leverage.
Everything updates as you type. Nothing is submitted or saved.
DSCR is gross rent divided by PITIA — principal, interest, taxes, insurance, and association dues. Vacancy and maintenance are not deducted.
Unlike the DSCR test, this one deducts vacancy, maintenance, and management — the numbers that decide whether you actually want the deal.
Term sheet in one business day. No application fee, no credit pull to get pricing.