Compare DSCR Lenders for Rental Properties
Find the best DSCR loan for your rental property investment. No income verification required—qualify based on property cash flow.
What is a DSCR Loan?
DSCR (Debt Service Coverage Ratio) loans qualify you based on the property's rental income, not your personal income. The DSCR is calculated as: Monthly Rent ÷ Monthly Payment (PITIA)
Featured DSCR Lenders
Kiavi
Offers 30-year DSCR loans for rental properties with competitive rates and no income verification.
Loan Terms
Why Choose Kiavi
- No income verification
- Close in name of LLC
- Cash-out refinance available
- 30-year fixed rates
New Silver
Fast DSCR loans with instant approval and competitive 30-year terms.
Loan Terms
Why Choose New Silver
- DSCR as low as 0.75
- Interest-only options
- Fast online approval
- ARM and fixed options
Full DSCR Lender Comparison
Compare all DSCR lenders side-by-side
| Lender | Rate | Min DSCR | Max LTV | Points | Closing | Prepay | Apply |
|---|---|---|---|---|---|---|---|
Kiavi Featured | 7.5% - 9.5% | 1 | 80% | 0.5 - 2 | 21-30 days | 3-2-1 step-down | Apply |
New Silver Featured | 7.25% - 9% | 0.75 | 80% | 1 - 2.5 | 14-21 days | 5-4-3-2-1 step-down | Apply |
Lima One Capital | 7.5% - 9.5% | 1 | 80% | 1.5 - 3 | 21-35 days | 3-year step-down | - |
Visio Lending | 7.75% - 9.75% | 1 | 80% | 1 - 2.5 | 21-30 days | 3-2-1 step-down | - |
Easy Street Capital | 7.5% - 9.25% | 1 | 80% | 1 - 2 | 14-25 days | Flexible options | - |
DSCR Loans vs. Traditional Mortgages
DSCR Loan Benefits
- No Income Verification: Qualify based on property cash flow, not W-2s or tax returns
- Close in LLC: Asset protection without personal liability concerns
- Unlimited Properties: No cap on number of financed properties (unlike Fannie/Freddie)
- Faster Closing: Simplified underwriting means 2-3 week closings
DSCR Loan Considerations
- Higher Rates: Typically 1-2% above conventional mortgages
- Larger Down Payment: Usually 20-25% minimum (vs 15% conventional)
- Prepayment Penalties: Most DSCR loans have 3-5 year prepay periods
- Property Must Cash Flow: Most require DSCR of 1.0+ (some allow 0.75)
Who Should Use a DSCR Loan?
Self-Employed Investors
Avoid complex income documentation. Qualify based on property performance instead.
Portfolio Builders
Scale past conventional loan limits. Buy your 11th, 20th, or 50th property.
BRRRR Investors
Refinance out of hard money into long-term DSCR financing after rehab.
LLC Owners
Keep properties in LLC for liability protection. DSCR loans are made to entities.
Rate Change Alerts
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Calculate Your DSCR & Cash Flow
Use our free calculators to analyze your rental property and calculate DSCR before applying.
We may earn a commission when you apply through links on this page at no extra cost to you. Rates and terms are subject to change. Always verify current terms with the lender.