DSCR / Rental Loans
Long-term rental property financing based on property cash flow, not personal income. 30-year fixed-rate options available for single properties and portfolios.
DSCR (Debt Service Coverage Ratio) loans qualify based on what the property earns, not what you earn. If the property's rental income covers the debt payments, you qualify. No W-2s, no tax returns, no personal income verification.
This is the go-to product for investors building a rental portfolio. Whether you're holding a single property long-term, assembling a portfolio of 20+, or stabilizing a build-for-rent development, DSCR loans provide the permanent financing you need.
We place DSCR loans with lenders offering 30-year fixed rates, interest-only options, and portfolio programs. Cash-out refinancing available to recycle capital into your next deal.
$1M – $50M+
Key Features
No Income Verification
Qualify on property cash flow, not personal tax returns. DSCR as low as 1.0x.
30-Year Fixed
Lock in long-term rates with fully amortizing or interest-only options.
Cash-Out Available
Refinance and pull equity out of stabilized properties to fund your next investment.
Portfolio Programs
Finance 5, 10, or 20+ properties under a single blanket loan.
Up to 80% LTV
Competitive leverage on purchases and refinances.
All Rental Types
Single-family, 2-4 unit, small multifamily, short-term rentals, and build-for-rent.
Ideal For
Buy and hold rental property investors
Investors building a rental portfolio
Build-for-rent developers
Short-term rental (Airbnb) investors
Self-employed investors who don't show income on tax returns
Investors refinancing out of bridge or construction loans
DSCR / Rental Loans in active state markets
Market-specific dynamics affect how dscr / rental loans get structured and priced. Browse the state × asset class pages for local context, top metros, and FAQs.
Frequently Asked Questions
How is DSCR calculated?
DSCR (Debt Service Coverage Ratio) is calculated by dividing the property's annual net operating income (NOI) by the annual debt service (total loan payments including principal and interest). For example, a property with $120,000/year in rental income and $10,000/year in expenses has an NOI of $110,000. If annual loan payments are $88,000, the DSCR is 1.25x ($110,000 / $88,000). Most lenders require a minimum DSCR of 1.0x to 1.25x.
Can I get a DSCR loan on a short-term rental (Airbnb)?
Yes. Many DSCR lenders now accept short-term rental income from platforms like Airbnb and VRBO. Income is typically verified using a 12-month rental history, AirDNA projections, or a combination of both. Some lenders may apply a discount to projected STR income (using 75-90% of projections) to account for vacancy and seasonality.
What is the minimum down payment for a DSCR loan?
Most DSCR purchase programs require 20-25% down (75-80% LTV). For cash-out refinances, maximum LTV is typically 70-75%. The exact requirement depends on the property type, DSCR ratio, and credit score. Properties with higher DSCR ratios (1.25x+) and borrowers with 720+ credit scores may qualify for the highest leverage.
Do DSCR loans require personal income verification?
No. DSCR loans do not require W-2s, tax returns, pay stubs, or any personal income documentation. The loan qualifies entirely on the property's rental income and its ability to cover the debt payments. This makes DSCR loans ideal for self-employed investors, business owners, and anyone who may not show strong personal income on paper.
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Submit a DealDisclosure: Passy Capital LLC, a Florida limited liability company (registered at 7901 4th St N, Ste 300, St. Petersburg, FL 33702), is a commercial real estate financing brokerage, not a direct lender. All loans are placed through third-party lenders and are subject to lender approval, underwriting, credit, property, and other criteria. Rates, terms, and conditions vary by lender, borrower profile, and deal specifics. Information presented does not constitute a commitment to lend. Loans are for business purposes only and made to limited liability companies or other entity borrowers; they are not offered to consumers and are not for personal, family, or household use. Programs are available in select states; licensing requirements vary by jurisdiction.