DSCR Loans for Real Estate Investors
Qualify with the property's rental income, not your personal income. No tax returns, no pay stubs. For rentals in Ventura, LA, Santa Barbara and Kern counties, from single-family to multifamily.
What is a DSCR loan?
DSCR stands for debt service coverage ratio. It compares a property's monthly rent to its monthly payment, including principal, interest, taxes, insurance and HOA dues (PITIA).
DSCR = monthly rent ÷ monthly PITIA
If a property rents for $3,200 and the payment is $2,900, the DSCR is 1.10. Anything at 1.0 or above means rent covers the payment.
- Single-family rentals, condos and 2–4 units
- Small multifamily (ask about 5+ units)
- Purchase, rate-and-term or cash-out refinance
- Close in your name or an LLC
- No limit on number of financed properties with many lenders
Check your DSCR
Common questions
What DSCR do I need to qualify?
Many programs look for 1.0 or higher, meaning rent covers the full payment. Some lenders allow ratios below 1.0 with a larger down payment or stronger credit.
Do DSCR loans require tax returns?
No. Qualification is based on the property's rental income, so personal tax returns, W-2s and pay stubs generally aren't required.
How much do I need to put down?
DSCR loans typically require 20–25% down on a purchase. Refinances work off the property's current value.
Can I use a DSCR loan for a short-term rental?
Some programs accept short-term rental income, usually documented with booking history or a market rent analysis. Ask us which lenders are currently offering it.
Can I close in my LLC?
Yes. DSCR loans are commonly closed in an LLC or other business entity.
Areas we serve
This program, like everything we offer, is available across Ventura, Los Angeles, Santa Barbara and Kern counties.
Ventura County
Oxnard, Ventura, Camarillo, Thousand Oaks, Simi Valley, Moorpark, Santa Paula, Port Hueneme, Fillmore, Ojai and surrounding areas.
Los Angeles County
Los Angeles, Santa Clarita, Palmdale, Lancaster, Long Beach, Pasadena, Glendale, Torrance, Pomona, Burbank and surrounding areas.
Santa Barbara County
Santa Barbara, Santa Maria, Goleta, Lompoc, Carpinteria, Buellton, Solvang, Orcutt and surrounding areas.
Kern County
Bakersfield, Delano, Tehachapi, Ridgecrest, Shafter, Wasco, Arvin, McFarland and surrounding areas.
Other loan programs
Not the right fit? Compare every option on our loan programs page, or try one of these:
Growing your rental portfolio?
Tell Marcos about the property. He'll run the DSCR and compare investor lenders for you.