I can help you get a loan based on the rent your property brings in.
That is DSCR, in plain words: the loan is based on rental income from the investment property—not your personal paycheck or tax return.
DSCR Loan
DSCR means Debt Service Coverage Ratio. Forget the acronym. Here is what it means for you:
I am willing to work a loan based on the rent you receive from your investment property. If the rent can cover the mortgage payment, we have a path. Your W-2 and tax return are not the main story.
Simple math: monthly rent ÷ monthly housing cost (principal, interest, taxes, insurance, HOA). Example: $1,100 rent ÷ $1,000 cost = 1.10. The property pays for itself. If the number is under 1.00, we talk strategy instead of forcing a bad loan.
No tax returns. No W-2s. No personal income stack for a typical DSCR file. You get a clear yes/no on the numbers before you make an offer.
What to know
Program details depend on the property, credit, and file. I will say so if another option is a better fit.
- The rent is the qualification. Not your personal job income.
- If the rent covers the mortgage, we can talk. If it does not, I will say so.
- No W-2. No tax return for a typical DSCR file.
- Free numbers review before you chase a property that will not qualify.