DSCR Rental
Long-term financing for stabilized residential investment properties. Designed for real estate investors acquiring, refinancing, or recapitalizing rental properties, with qualification primarily based on property cash flow rather than personal income.
DSCR Financing Built for Real Estate Investors
Qualify on Property Cash Flow
Qualification is primarily based on the property’s rental income and DSCR, not personal income or tax returns.
Up to 80% LTV
Finance up to 80% LTV on eligible purchases, subject to credit, DSCR, property type and underwriting.
1–9 Unit Properties
Finance eligible SFRs, townhomes, condos and multifamily properties from 2–9 units.
First-Time Investors Welcome
Prior investment-property experience is not required for eligible DSCR scenarios.
Purchase, Rate/Term & Cash-Out
Flexible financing for acquisitions and refinances, including eligible cash-out transactions.
Long-Term & Vacation Rentals
Finance traditional rental properties and eligible short-term rentals, subject to program requirements.
DSCR Program Parameters
Pick your credit bracket, then any adjustments that apply. They’re subtracted from the LTV and they stack.
700+ FICO with no adjustments: up to 80% LTV on a purchase, 80% rate & term and 75% cash out.
Rates from figures are the published floor as of November 2026 and are not a quote, a lock, or a commitment to lend. Terms are subject to change. Financing is not guaranteed. Eligible properties include only non-owner occupied 1–9 units. Lendmarq relies on accurate information provided by the client in order to estimate terms available. Loan terms require an application and underwriting of experience, credit, liquidity, property and investment strategy.
Eligible Properties
Residential investment properties held for rental purposes and vested in an eligible entity.
- 1–4 unit residential propertiesSFRs, townhomes, eligible condos and 2–4 unit properties
- 5–9 unit residential propertiesEligible with applicable leverage adjustments
- Long-term rentalsArm’s-length residential leases
- Vacation / short-term rentalsEligible with required rental history and applicable adjustments
- Eligible condominiumsSubject to project and warrantability review
Not eligible
- Owner-Occupied or Primary Residences
- Properties with commercial use or commercial tenants
- Mobile / Manufactured Homes
- Condotels and Timeshares
- Rural Properties
- Properties requiring significant renovation (consider Bridge / RTL instead)
DSCR Pre-Screen
Send the essentials first. We’ll request the remaining documents as the loan progresses.
- Property Address
- Purchase price or current value
- Requested loan amount
- Estimated FICO
- Monthly / Market rent
- Property type + Unit count
- Purchase, Rate/Term or Cash-Out
- Occupancy status
- Target closing date
- Purchase contract or Payoff statement
- Entity Documents
- Identification for Guarantors
- Bank statements / Liquidity verification
- Lease and Rent documentation
- Insurance Information
- Additional property documents as applicable
Not DSCR-ready yet? We can help.
Finance the acquisition and renovation with a Lendmarq Bridge loan, then transition to long-term DSCR financing once the property is stabilized.
DSCR Loan Questions
Do DSCR loans require tax returns?
Generally, no. DSCR loans qualify primarily using the property’s rental income rather than the borrower’s personal income. Personal tax returns, W-2s and pay stubs are generally not required for income qualification.
What credit score do I need for a DSCR loan?
Our published minimum is generally 660 FICO. Higher credit scores may qualify for greater leverage and more favorable pricing, subject to the overall loan profile.
Do I need investment experience?
No. First-time real estate investors may qualify. Prior investment-property experience is not required for eligible DSCR transactions.
Can I close a DSCR loan in an LLC?
Yes. Eligible LLCs and other approved business entities may hold title. Personal guarantees and standard entity documentation are generally required.
What types of properties are eligible?
Eligible properties generally include SFRs, townhomes, condos and 2–9 unit residential properties, subject to property and program requirements. Properties must be non-owner occupied and held for investment purposes.
Does short-term rental income count?
Yes, for eligible properties. Short-term and vacation rental income may be considered with sufficient rental history and supporting documentation. Additional leverage or underwriting requirements may apply.
Can the property be vacant at closing?
Potentially. Eligible vacant properties may qualify using supported market rent, although reduced leverage may apply. Properties requiring significant renovation may be better suited for a Bridge or RTL loan first.
What is a good DSCR?
A 1.00x DSCR generally means the property generates enough qualifying rental income to cover its applicable housing expense. Stronger DSCR may support better loan terms, while lower ratios may require a different structure.
How much can I borrow?
Eligible DSCR transactions may qualify for up to 80% LTV, depending on credit, DSCR, property type, transaction purpose and other underwriting factors.
Can I refinance after using a Bridge loan?
Yes. Once an eligible property is stabilized and rent-ready, DSCR financing may provide a long-term refinance option, subject to current program requirements and underwriting.
Financing Built Around the Property.
Send us the property address, estimated rent, and borrower profile. We’ll review the scenario and provide an initial indication of fit, leverage, and pricing, typically the same business day.