These loans work well for:
If the property generates sufficient income, DSCR financing may be the simplest path to approval.
The documentation for DSCR loans is minimal and usually includes:
Tax returns and employment documentation are typically not required.
Most lenders allow:
Property eligibility depends on the lender and rental income model.
No. Approval is based on the property’s income, not your personal employment.
Yes. Many lenders accept short-term rental income or use market rent projections.
Yes. The documentation is simple, and the approval process is straightforward.
Requirements vary by lender and credit profile, but investors often use standard down payment options.