Get your DSCR approval. Buy it or refinance it.
Ready to Approve funds 1 to 4 unit investment rentals on a 30-year fixed loan that qualifies on the property's rent, not your paycheck. No income, no tax returns, no employment check. Purchase a new rental or refinance one you own. We run your numbers through a network of lenders and come back fast.
- No income or tax-return docs
- Up to 80% LTV on purchase
- Purchase, cash-out, or rate-and-term
- Fixed payment for 30 years
Are you buying a property or refinancing one you already own?
660
Minimum FICO
80%
Max LTV on purchase
30 yr
Fixed rate term
$0
Income docs required
Three ways to use it
Buy your next rental, or get more out of the one you own.
Every path is the same 30-year fixed DSCR loan, qualified on the property's rent. The only question is what you want it to do.
PurchaseBuy a new rental
Acquire a 1 to 4 unit investment property with up to 80% LTV. We qualify the loan on the expected rent, so a strong property gets you to the closing table.
- Up to 80% LTV
- Qualify on the rent
- No income or tax docs
Cash-Out RefinancePull out your equity
Borrow against your property's as-is value, pay off your existing loan, and take the rest as cash. Cash-out is commonly priced at 70 to 75% LTV.
- Tap built-up equity
- Fund your next deal
- Stay cash-flow positive
Rate-and-TermLock in stability
No cash taken out. Replace your current loan with a new one at a fixed rate and a longer term, so your payment is set for decades.
- Exit a bridge loan
- Fixed for 30 years
- Keep payments low
Who qualifies
We lend on the property, with a few simple rules.
Because we qualify on rent through the DSCR, the property does most of the talking. Here is exactly what we can and cannot fund.
Check my propertyWe fund
- 1 to 4 unit residential (SF, duplex, triplex, quadplex)
- Investment / rental properties
- Purchase and refinance
- Non-rural areas
- Long-term leases
- FICO 660 and up
We cannot fund
- Owner-occupied homes
- 5+ unit buildings
- Rural / heavy farmland
- Short-term or Airbnb rentals
- Credit below 620
The one number that matters
Your DSCR decides how much you can borrow.
DSCR is the property's Debt Service Coverage Ratio: its monthly rent divided by its monthly payment. Higher rent and lower expenses raise it, which supports lending closer to the maximum at a lower rate, because the property can clearly cover itself.
At a DSCR of 1.0 the rent exactly covers the payment. Above 1.0, the property profits every month after the mortgage is paid.
Our lender network
One application, a network working for you.
Ready to Approve is your front door to DSCR lending. You tell us about the property once, and we match your scenario to the right lender in our wholesale network, so a deal that stalls in one place can still get a yes.
No-doc by design
We never ask for income, tax returns, or employment. The property qualifies itself through its rent.
Matched to the right lender
We shop your scenario across a network of wholesale lenders, so you get the program that fits your property.
Priced for you, fast
A specialist prices your exact rate, loan amount, and cash-out live, so you know your numbers on the first call.
See your DSCR numbers in about two minutes.
Answer a few questions about your property and we will estimate your DSCR, your loan amount, and your down payment or cash-out. No credit pull, no obligation.
- Works for purchase and refinance
- Instant estimated DSCR and payment
- A specialist follows up with exact pricing
Business-purpose loans for investment properties only. Not a commitment to lend. Rates and terms subject to change and based on credit and property qualification. Equal Housing Opportunity. Rates start from 6.99% on approved credit and are not guaranteed.
Are you buying a property or refinancing one you already own?
Questions
DSCR loans, answered.
What is a DSCR loan?
A 30-year No-Doc DSCR loan is a business-purpose loan for a 1 to 4 unit investment property. We qualify the loan on the property's Debt Service Coverage Ratio, which measures whether the rent can cover the monthly payment, rather than on your personal income. It works for both buying a new rental and refinancing one you already own.
Can I use this to buy a property, or only to refinance?
Both. Use it to purchase a new 1 to 4 unit investment rental with up to 80% LTV, or to refinance one you own with a rate-and-term or cash-out refinance. The same property-first qualification applies either way.
Do you check my income or tax returns?
No. We do not check income, tax returns, or employment on this loan. We do require a minimum credit score of 660, and we lend on the strength of the property's rent through the DSCR.
What properties qualify?
1 to 4 unit residential investment properties (single family, duplex, triplex, or quadplex) in non-rural areas, rented on long-term leases. We do not lend on owner-occupied homes, 5+ unit buildings, rural properties, or short-term and Airbnb rentals.
How much can I borrow?
Up to 80% LTV on a purchase. On a cash-out refinance, the loan is commonly priced at 70 to 75% of the as-is value. The exact loan amount and rate are driven by the DSCR: higher rent and lower expenses raise your DSCR, which supports more leverage at a lower rate.
What is the rate?
Rates start from 6.99% on approved credit. That is a starting point, not a guarantee. Your exact rate depends on your credit, the property, and the DSCR, and it is priced live by a specialist.