Loan Programs / Rental
No Ratio DSCR Loan
Rental financing that does not require a minimum DSCR ratio.
Rental financing that does not require a minimum DSCR ratio.
No Ratio DSCR Loans finance one-to-four-unit rental properties with no minimum DSCR required, for properties that do not meet standard DSCR minimums.
Financing is available for purchases, rate/term refinances and cash-out refinances on long-term rentals, with 30-year terms.
A rental loan with no minimum DSCR (debt service coverage ratio) required, for properties that do not meet standard DSCR minimums.
No. No Ratio DSCR loans are for long-term rentals only.
Loan amounts range from $100K to $3M.
The minimum credit score is 720.
Up to 60% LTV on a cash-out refinance.
Typically 21 – 30 days from start to finish, once all items have been received.
A brief 15-minute call with a loan officer to walk through your scenario and goals. Get a quote now, or click Contact Us to call, email or schedule a call.
You receive a Good Faith Estimate and term sheet with multiple options.
Submit your file, clear underwriting, and close on a timeline built around your deal.
Get a Good Faith Estimate with multiple options for your review.
* Closing time frames begin once all items have been received. Loan amounts and LTVs may vary based on credit score, track record, and other underwriting conditions. All loan terms are subject to final underwriting review and are not final until a clear-to-close has been issued.
A quick application — we’ll follow up with your quote.