DSCR requirements and loan scenarios
LOAN AMOUNTS
Loan amounts from $55,000 to $3 million, subject to program eligibility and underwriting.
PURCHASE OR REFINANCE
Financing options include purchases, rate-term refinances and cash-out refinances for rental properties. Share your property details and financing goal to review a scenario.
RENTAL INCOME
DSCR financing compares rental income with debt payments. Rental documentation and the property's income are part of the scenario review. Requirements vary by program.
MANUFACTURED RENTALS
Single-wide and double-wide homes can be considered on owned land only. The home must be fixed to a permanent foundation and immovable. All loans are subject to underwriting.
PREPARE YOUR SCENARIO
Send the property address or listing, financing goal, target loan amount and rental details. Office Number (707) 622-2455. Direct Line (818) 269-7983.
Property types
- SFR
- Duplex
- Triplex
- Condo
- Non-Warrantable Condo
- Manufactured Home
Borrower types
LLCs; Series LLCs; layered entities; revocable trusts; corporations; individuals (natural persons); ITIN borrowers; Permanent Residents; Non-Permanent Residents; Foreign Nationals. Program eligibility applies.
Program options
Purchase and rate-term refinance options up to 85% LTV; cash-out refinance options up to 80% LTV. Programs with no minimum FICO or DSCR, interest-only options and soft-credit checks are available. Guidelines vary by program, property and borrower. All loans are subject to underwriting.