DSCR Loans
Key Features
No personal income required
Down payments as little as 20%
Qualify based on cash flow
A Debt Service Coverage Ratio (DSCR) loan looks at the cash flow generated from an investment property to qualify for a mortgage instead of personal income.
Use your investment to qualify for a DSCR loan.
If you're looking to purchase an investment property without relying on your income for qualification, a Debt Service Coverage Ratio (DSCR) mortgage from NASB may be the right solution for you. To determine eligibility, we evaluate your debt service coverage ratio (DSCR).
As a lender specializing in DSCR loans, NASB offers:
- Competitive rates
- In-house underwriting
- Down payments as low as 20%, depending on your credit score and DSCR
You can choose between a short-term rental DSCR loan or a long-term rental DSCR loan based on your needs.
Q&A
A DSCR loan doesn’t require proof of personal income through tax returns or pay stubs. A real estate investor just needs to show their ability to repay the lender by having a qualifying DSCR.
Are DSCR loans available for properties with existing tenants? (opens in new tab)
Yes. If tenants already occupy the property, you can boost the DSCR. This makes it easier to qualify for a loan.
What are the benefits of a DSCR loan? (opens in new tab)
The main benefit of a DSCR loan is that it helps real estate investors qualify for a loan. This analysis focuses on the property’s income potential, not on the investor's personal finances, making financing easier for investors with low personal incomes.
Can I refinance my property with a DSCR loan? (opens in new tab)
Yes, you can refinance a property with a DSCR loan. The property must make enough income to meet the DSCR requirements. A refinance may allow you to access better terms or pull equity from the property
Contact me today to find out if you qualify and learn how the right loan can work for you. At Gold Standard Mortgage, I'm proud to help you turn your dream of homeownership into a reality.