Looking for a way to qualify for an investment property loan without documenting personal employment or income? Have a hard time fitting conventional guidelines, work in a variable-income industry, or wanting a reduced-documentation path? The DSCR (Debt Service Coverage Ratio) loan may be the solution.
A DSCR loan is a Non-QM mortgage built for real estate investors. Instead of using your personal income, qualification is based on the subject property’s cash flow—typically the ratio of its verified rent to the proposed housing payment (PITIA). If the property’s income covers the payment at or above the investor’s required DSCR, you may qualify.
No personal income documentation required (in most cases): underwriting focuses on property cash flow.
Reduced documentation: rent evidence (e.g., lease or market rent report) + standard asset/credit items.
Flexible compared with conventional: helpful if you don’t fit agency rules or have complex/seasonal income.
Scales easily: suited for building a portfolio.
For mortgage lending, the Debt Service Coverage Ratio (DSCR) is the property’s verified monthly rent divided by its total monthly housing cost. Housing costs include PITIA — principal, interest, property taxes, insurance, and any HOA dues.
If a cost doesn’t apply, treat it as zero. Lower ratios indicate higher risk.
No-Ratio DSCR is a Non-QM loan that does not verify personal income and does not use a DTI (Debt-to-Income) calculation.
There is no minimum DSCR requirement (it can be as low as 0), so loans may qualify even when the property’s current rent does not cover PITIA. This option can be useful for borrowers with lower reported income or higher existing liabilities.
The program is also available to Foreign Nationals, including borrowers on F-1 visas who may not fit conventional guidelines.
Contact us to review eligibility, credit, asset, LTV, reserve, and property requirements.
Information shown is for general reference and may vary by borrower qualifications and program terms. This is not a commitment to lend. Contact us for full loan details and eligibility requirements.
