Real Estate Investor Financing
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DSCR Loan in
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Compare rates, requirements, and terms from 8 top DSCR lenders. Qualify based on rental income — no W-2, no tax returns required.
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DSCR Calculator
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8
Lenders Compared
Vetted non-QM specialists
0.75
Lowest Min DSCR
Available in the market
$30M+
Max Loan Size
For commercial-scale investors
48hr
Avg Pre-Approval
With top DSCR lenders
We compare DSCR loans from 8 top non-QM lenders
New Silver
From 5.75%
Beeline
Tech platform
Visio Lending
Since 2012
Angel Oak
Non-QM leader
Griffin Funding
Up to $5M
Kiavi
BRRRR specialist
Axos Bank
Up to $30M+
theLender
$3B+ funded
Independent comparison · Updated monthly · No paid placements
Education
How DSCR Loans Work
DSCR loans are the financing tool of choice for serious real estate investors scaling their portfolios.
Qualify on Rent, Not Income
DSCR lenders evaluate your loan eligibility based on the property's rental income versus its monthly expenses — not your W-2 or tax returns. Perfect for self-employed investors or those with complex finances.
DSCR = Rent ÷ PITIA
Your DSCR ratio is simply your monthly rent divided by the total monthly debt service (Principal, Interest, Taxes, Insurance, and HOA). A ratio of 1.0 means break-even; 1.25+ means strong cash flow.
Fast, Flexible Closings
Most DSCR loans close in 2-4 weeks with minimal documentation. You can close in an LLC, hold unlimited properties, and choose from 30-year fixed, ARM, or interest-only structures.
Updated April 2026
Top DSCR Lenders Compared
Sorted by rate — click any column to re-sort
| Lender | Min DSCR | Rates From | Min Down | Max Loan | Min FICO | Best For | Quote |
|---|---|---|---|---|---|---|---|
New SilverLowest Rates Lowest minimum DSCR, instant pre-approval technology | 0.75 | 5.75% | 20% | $3M | 680 | Properties with thin margins | Get Quote |
BeelineLowest Min DSCR Tech-forward digital platform, fully online process | 0.75 | 6.50% | 20% | $3M | 660 | Tech-savvy investors | Get Quote |
Axos BankCommercial Scale Largest loan amounts, commercial-scale financing | 1.00 | 6.50% | 25% | $30M+ | 700 | Commercial-scale investors | Get Quote |
Visio LendingMost Trusted DSCR specialist since 2012, dedicated investor support | 1.00 | 6.75% | 20% | $2M | 680 | First-time DSCR borrowers | Get Quote |
Angel Oak Established non-QM leader, diverse loan programs | 1.00 | 6.88% | 20% | $3M | 680 | Multi-property investors | Get Quote |
Click column headers to sort. Rates shown are illustrative starting points and may vary. Click "Get Quote" for current pricing. Learn about our methodology.
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Quick Reference
What Does Your DSCR Ratio Mean?
1.25+
Qualifies for best rates with all DSCR lenders. Strong cash flow buffer.
All 8 lenders
1.0 – 1.24
Standard DSCR qualification. Wide lender selection and competitive terms.
6 of 8 lenders
0.75 – 0.99
Select lenders only. Higher rates and down payment may be required.
Beeline, Griffin, New Silver
Below 0.75
Below minimum threshold. Consider larger down payment or different property.
No current lenders
Common Questions
DSCR Loan FAQ
What is a DSCR loan?
A DSCR (Debt Service Coverage Ratio) loan is a mortgage for real estate investors that qualifies you based on the rental income of the property, not your personal income or tax returns. This makes it ideal for self-employed investors, those with complex tax returns, or investors scaling beyond conventional loan limits.
What DSCR ratio do I need to qualify?
Most lenders require a minimum DSCR of 1.0, meaning rental income fully covers the monthly mortgage payment (PITIA). Some specialty lenders accept ratios as low as 0.75 with stricter terms and higher rates. A DSCR of 1.25 or above qualifies you for the best rates.
How is DSCR calculated?
DSCR = Monthly Rent ÷ (Principal + Interest + Taxes + Insurance + HOA). For example, if your property rents for $3,000/month and your total PITIA is $2,400, your DSCR is 1.25 — an excellent ratio. Use our free calculator to find your property's DSCR instantly.
Can I get a DSCR loan with bad credit?
Most DSCR lenders require a minimum credit score of 660–680 FICO. A few lenders accept scores as low as 620, but with meaningfully higher interest rates and larger required down payments. Improving your credit score before applying can save you significantly over the life of the loan.
How much down payment do I need for a DSCR loan?
Standard down payments range from 20–25%. Some lenders may offer 15% down for borrowers with strong DSCR ratios (1.25+) and excellent credit. Investment properties typically require larger down payments than primary residences regardless of loan type.
Are DSCR loan rates higher than conventional mortgages?
Yes, typically 0.5% to 1.5% higher than conventional rates. This premium reflects the alternative qualification method and the non-QM nature of DSCR loans. However, for investors who cannot qualify conventionally — or who need to scale beyond 10 properties — DSCR loans offer access that conventional programs do not.
Can I use a DSCR loan for short-term rentals (Airbnb)?
Yes, most DSCR lenders now accept short-term rentals. Lenders typically use AirDNA projected rental income, 12-month platform income history, or appraiser-estimated market rents to qualify STR properties. Some lenders offer dedicated STR programs with competitive terms.
Can I close a DSCR loan in an LLC?
Yes — one of the primary advantages of DSCR loans is that you can close in an LLC or other entity name. This is preferred by many real estate investors for asset protection and estate planning purposes. Conventional Fannie Mae / Freddie Mac loans typically require individual ownership.
Investor Education
DSCR Loan Resources
DSCR Loan Rates for Short-Term Rentals (Airbnb) 2026: STR Investor Guide
Current DSCR loan rates for short-term rentals (Airbnb, VRBO) in 2026. Learn how to qualify, which lenders accept STR income, and best STR markets for DSCR loans.
Read article →
DSCR Loan Rates Phoenix AZ 2026: Best Rates for Phoenix Investment Properties
Current DSCR loan rates in Phoenix for 2026 range from 7.15% to 8.75%. Compare rates for Phoenix, Scottsdale, Mesa, Chandler and Tempe. Updated April 2026.
Read article →
DSCR Loan Rates for Multifamily Properties 2026: 2-4 Unit Investment Guide
Current DSCR loan rates for multifamily 2-4 unit properties in 2026. Compare rates, requirements, and lenders for duplexes, triplexes and fourplexes.
Read article →
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