Occupancy Restrictions: DSCR loans are for investment properties ONLY, primary residences are not eligible

Down Payment: 20–25% minimum.

DSCR Requirements: 1.05 minimum (1.25+ for most favorable terms)

Experience Requirements: None required; favorable terms for experienced borrowers

Property Types: 1–4 unit rentals, multifamily, mixed-use, short-term rentals

Typical Closing: 10–21 business days

Qualify based on property income, not personal tax returns

Perfect for full-time investors and portfolio growth

Fast closings with less documentation

Available nationwide for all major property types

Vacant units are allowed on 2–4 unit properties

All units may be vacant if rent-ready

Appraiser’s market rent will be used to calculate DSCR

For month-to-month tenants, an owner-signed affidavit confirming current rent is required

Only one vacant unit is allowed

Appraiser’s market rent will be used for the vacant unit