DSCR Rental Loans
Finance rental properties based on the property's rental income — not your W-2 or tax returns. DSCR loans are the preferred financing tool for buy-and-hold investors building long-term wealth through real estate.
Rates From
7.0% - 9.5%
Max LTV
Up to 80% LTV
Term
30-year fixed or ARM
Loan Range
$75K - $2M
What is a DSCR Rental Loan?
DSCR (Debt Service Coverage Ratio) loans are long-term investment property loans that qualify based on the property's rental income rather than the borrower's personal income. If the property's rental income covers the mortgage payment (a DSCR of 1.0 or higher), you can qualify — regardless of how many properties you own, how complex your tax returns are, or whether you are self-employed. This makes DSCR loans the go-to financing option for professional landlords, portfolio investors, and anyone building long-term wealth through rental real estate.
AIRE Lending offers 30-year fixed and adjustable-rate DSCR products with competitive rates, no income documentation required, and no limit on the number of properties you can finance. Whether you are purchasing your first rental or your fiftieth, DSCR loans provide the scalability and simplicity that traditional bank financing cannot match.
Who is This For?
- Buy-and-hold investors building a portfolio of cash-flowing rental properties
- Self-employed borrowers whose tax returns don't reflect their true earnings
- Investors who have maxed out their conventional loan count (10+ properties)
- Short-term rental (Airbnb) operators seeking long-term financing
- Real estate investors doing cash-out refinances to recycle capital into new deals
How DSCR Rental Loans Work
From application to funding — here is the process step by step.
Pre-Qualify in 60 Seconds
Provide basic property and deal information through our pre-qualification form. No hard credit pull — just an instant estimate of your rate, terms, and maximum loan amount.
Program Matching
Our engine matches your deal with the best lending program based on property type, loan amount, credit profile, and target DSCR. We show you multiple options so you can choose the best fit.
Application & Rent Analysis
Submit your full application with the property address, lease agreement (or rent projection for new purchases), and borrower information. No tax returns or income docs needed.
Appraisal & DSCR Calculation
A full appraisal determines market value and market rent. The DSCR is calculated by dividing the property's gross rental income by the total mortgage payment (PITIA). A DSCR of 1.0+ qualifies.
Underwriting & Approval
Underwriting reviews the property, rent analysis, borrower credit, and entity documentation. Approvals are typically issued within 5-7 business days of a complete file.
Close & Start Collecting Rent
Close on your new rental property with 30-year fixed or adjustable-rate financing. Total timeline from application to closing is typically 21-30 days.
Rates & Terms
Current rate ranges across our lending programs. Your specific rate depends on credit score, experience, and deal leverage.
| Metric | Range |
|---|---|
| Interest Rate | 7.0% - 9.5% |
| Origination Points | 0.5% - 3% |
| Max LTV | Up to 80% LTV |
| Loan Term | 30-year fixed or ARM |
| Loan Amount | $75K - $2M |
| Min Credit Score | 660+ |
| Income Docs Required | None |
Rates and terms are subject to change. Actual terms depend on borrower qualifications, property type, and deal structure. This is not a commitment to lend.
Requirements
What you need to qualify for a DSCR Rental loan.
Credit & Experience
- Min. FICO: 660+
- Experience: No minimum (first-time landlords welcome)
Eligible Property Types
- Single-family homes
- Townhouses and condos (warrantable)
- Duplexes, triplexes, and fourplexes
- Small multifamily (5-8 units with select partners)
Additional Notes
- Minimum DSCR of 1.0 (some partners allow 0.75 DSCR with rate adjustment)
- No personal income documentation required — qualification based on property cash flow
- Cash-out refinance available up to 75% LTV
- Borrowing entity (LLC) required; personal guaranty required
- Minimum 6 months reserves (PITIA) typically required
- No limit on number of financed properties
DSCR Rental Loan FAQ
Common questions about dscr rental financing.
What is a DSCR loan and how does it work?
A DSCR (Debt Service Coverage Ratio) loan qualifies based on the property's rental income relative to the mortgage payment. The DSCR is calculated by dividing the monthly rent by the monthly PITIA (Principal, Interest, Taxes, Insurance, and HOA). A DSCR of 1.0 means the rent exactly covers the payment. Most lenders require a minimum DSCR of 1.0 to 1.25 for the best rates.
Do I need to provide tax returns or income documentation?
No. DSCR loans are qualified based on the property's cash flow, not your personal income. You will not need to provide W-2s, tax returns, pay stubs, or profit & loss statements. The property must generate enough rental income to cover the debt service, and that is the primary qualification metric.
Can I use a DSCR loan for a short-term rental or Airbnb?
Yes, many of our lending programs accept short-term rental income for DSCR qualification. You will typically need to provide 12 months of Airbnb or VRBO income history, or a third-party rent projection from a service like AirDNA. Short-term rental DSCR loans may have slightly different underwriting criteria than traditional long-term rental loans.
What is the maximum number of properties I can finance?
There is no limit on the number of DSCR loans you can have. Unlike conventional mortgages, which typically cap at 10 financed properties, DSCR loans have no portfolio cap. This makes them ideal for investors scaling a rental portfolio.
Can I do a cash-out refinance with a DSCR loan?
Yes. Cash-out refinances are available up to 75% LTV on most DSCR products. This is a popular strategy for investors who purchase properties with cash or hard money, renovate them, stabilize with a tenant, and then refinance into a 30-year DSCR loan — pulling out their initial capital to recycle into the next deal (the BRRRR strategy).
What credit score do I need for a DSCR loan?
Most DSCR programs require a minimum credit score of 660, with the best rates available at 720+. Some partners offer programs for borrowers with scores as low as 620, though these typically come with higher rates and lower maximum LTV.
Ready to Get Started?
Check your rate for a dscr rental loan in 60 seconds. No commitment, no hard credit pull.