Home / DSCR loan rates
DSCR loan rates
DSCR loan rates are priced deal by deal. These are the factors that move your rate, and how to get your actual number.
Get my termsTexas DSCR loansSee your loan amount in seconds
Qualify on the rent, not your income. Send the deal and a loan officer follows up with your rate and terms.
Estimate only. Loan amount is up to 85% of the purchase price on purchases, or up to 80% of the appraised value on cash-out refinances. Minimum loan $150,000. Rate and final terms depend on the property, the rent and your credit. Business-purpose loans on investment property in Texas.
What moves a DSCR rate
- The ratio: more rent compared with the payment usually means better pricing
- Loan-to-value: a lower LTV usually means a lower rate
- Credit score
- Loan amount
- Property type and location
- Prepayment terms: a longer prepayment period often lowers the rate
- Cash-out versus purchase
How to get your actual rate
Rates change with the market, so we do not publish a rate sheet. Send the property, the rent and your credit estimate in the form on this page, and a loan officer comes back with your rate and terms. To test payments yourself first, use the DSCR loan calculator.
Questions investors ask
Are DSCR rates higher than conventional rates?
Usually somewhat higher, because the loan is qualified on the property instead of your income. Many investors accept that for the speed, the LLC ownership and no income documentation.
Can I lower my rate?
A larger down payment, a stronger ratio, a better credit score and a longer prepayment period are the usual ways.