Qualify on the rent
DSCR Loans for Real Estate Investors
DSCR loans let investors qualify based mainly on what a rental property earns. We broker business purpose DSCR loans in many states, working with you by phone and video.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM
01 / Understand the loan
What to Know About DSCR Loans
Does the rent cover the payment?
DSCR means Debt Service Coverage Ratio. A lender compares a property’s monthly rent with its monthly debt payment. When the rent comfortably covers the payment, the property supports the loan.
Because the review centers on the property, many investors find DSCR loans a good fit when their personal income is hard to document. The lender will still look at credit, cash reserves, and the property itself.
02 / See how it fits
Who It Helps
- Investors who own or want to buy rental property
- Owners of several rentals who want to keep growing
- Business owners whose tax returns understate their income
- Investors who hold property in an LLC
What to Have Ready
Requirements differ by lender and program. These items often come up:
- A completed loan application and credit authorization
- The lease, or a rent estimate for the property
- Entity documents if the property sits in an LLC
- Proof of funds for the down payment and reserves
- Details on the property you plan to buy or refinance
03 / Wherever your deal is
DSCR Loans in Many States
We work with investors by phone and video, so you can book a call from wherever your property is. We can broker business purpose loans in the states below. Programs, terms, and availability depend on the lender and the state.
- Alabama
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Hawaii
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Mississippi
- Missouri
- Nebraska
- New Hampshire
- New Mexico
- New York
- Ohio
- Oklahoma
- Pennsylvania
- Rhode Island
- South Carolina
- Texas
- Vermont
- Washington
- West Virginia
- Wisconsin
- Wyoming
Investing in Los Angeles? See DSCR Loans in Los Angeles or see where we work.
04 / A little clarity
Common Questions
How is DSCR figured?
The lender divides the property’s rent by its monthly housing payment. Each lender sets its own minimum and its own way of measuring the rent.
Can I use a DSCR loan outside California?
We broker business purpose loans in the states listed on this page. Programs and terms vary by state and lender, so call us about your specific property.
Is a DSCR loan for a home I will live in?
No. DSCR loans are for investment property that you rent out, not for a primary residence.
Do I still need good credit?
Credit still matters. It affects which programs you can use and the terms offered.
05 / Explore your options
Other Investor Loans
Know Who You’re Working With
The Funding Clinic is a mortgage broker. We arrange loans funded by third-party lenders. View our BBB business profile to learn more about our company. Read our Google reviews
Your next move starts here
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM