At Mortgage Capital, our DSCR (Debt Service Coverage Ratio Mortgage Loans) mortgage program is designed specifically for real estate investors seeking flexible financing solutions without the burden of traditional income verification. Instead of tax returns and pay stubs, qualification is based on the property’s rental income, making the process faster, simpler, and ideal for experienced and first-time investors alike.
No Income Verification | Credit Scores from 640 | Up to 85% LTV | No Mortgage Insurance
Why Choose a DSCR Loan?
A DSCR loan helps you secure financing based solely on the income generated by your investment property. It’s a powerful option for borrowers who may not show significant personal income on paper but still operate profitable rental properties.
Key Program Highlights:
- Up to 85% Loan-to-Value (LTV)
- No income or employment listed on 1003 application
- Loan amounts up to $3,500,000
- Cash-out options up to $1,000,000
- Investment properties only – residential and multifamily
- Minimum credit score: 640
- Foreign Nationals eligible – up to 85% LTV
- 6 months PITI reserves required (12 months for Foreign Nationals)
- 3-year seasoning on major credit events (bankruptcy, foreclosure, etc.)
- No reserve requirements for other financed properties
- Cash-out funds can be used toward reserve requirements
Who Benefits from a DSCR Mortgage?
- Self-employed investors who write off income on taxes
- Foreign nationals with limited U.S. credit history
- Portfolio investors expanding their real estate holdings
- Borrowers seeking faster, less document-heavy approval
How Does DSCR Work?
Rather than focusing on personal finances, lenders look at the Debt Service Coverage Ratio (DSCR), which compares the property’s rental income to its expenses (principal, interest, taxes, and insurance). A DSCR of 1.0 or higher typically qualifies, meaning the property brings in enough income to cover its debt.
Fast, Flexible Real Estate Financing
With no W-2s, pay stubs, or tax returns required, our Debt Service Coverage Ratio Mortgage Loans mortgage program allows you to invest on your terms. Whether buying a new rental, refinancing, or taking cash out, we’ll help you leverage your property’s performance, not your paperwork.
Start your DSCR loan today. Call Mortgage Capital at 561-300-0380 or apply online to get pre-qualified.