Qualify On The Rent. Not Your Income.
MortgageHouz shops your DSCR deal across five top Non-QM and wholesale investor lenders — matching your rental income, property type, and goals to the program with the best rate and leverage. No personal income docs. No tax returns. No cap on how many you can own.
Which DSCR Program Fits Your Deal?
Standard DSCR
The go-to rental loan for most investors. Rent covers the payment, credit and reserves round out the file, and you close without a single tax return.
View Program →No-Ratio DSCR
For high-value, low-yield markets where rent doesn't fully cover the payment. Cash flow isn't used to qualify at all — the deal still closes.
View Program →High-Leverage DSCR
Built for high-credit investors who want to preserve capital and scale faster. Lowest down payment in the DSCR lineup for well-qualified files.
View Program →Short-Term Rental DSCR
Qualify using third-party short-term rental income projections instead of a signed lease — built for vacation and Airbnb-style properties.
View Program →Jumbo DSCR
For larger rental properties and premium markets where standard DSCR loan limits fall short. Sharpened pricing on bigger balances.
View Program →NO FICO
No credit score required and no minimum DSCR. Built for investors with real equity and a bumpy credit history — the property carries the deal, not the score.
View Program →Built for Every Type of Rental Property Investor
Self-Employed & Business Owners
Your write-offs make your tax returns look thin. DSCR loans skip personal income entirely — the property qualifies on its own.
Growing Portfolio Investors
No cap on how many financed properties you can hold, unlike conventional financing. Scale past the point conventional DTI limits stop you.
Short-Term Rental Owners
Financing an Airbnb or VRBO used to be difficult. Today it's a standard product, qualified on projected short-term rental income.
LLC & Entity Investors
Vest in an LLC for liability protection and portfolio structure — most DSCR programs allow it without hesitation.
First-Time Investors
No landlord experience required on most programs. Compensating strength elsewhere — credit, reserves, down payment — can offset a first deal.
Cash-Out Refinance Investors
Tap the equity in a property you already own to fund your next acquisition, with reasonable seasoning requirements.
From Application to Close in 4 Simple Steps
Submit Your Scenario
Tell us about the property, the rent, and your goals. No credit pull to get started.
We Shop Your File
We compare your deal across five DSCR-focused lenders to find the strongest rate and leverage.
Lock & Process
Once you choose a program, we lock your rate and manage underwriting start to finish.
Close & Fund
We coordinate appraisal, title, and the lender for an on-time close — often in as few as 15 days.
Get Your DSCR Loan Quote Today
No tax returns. No personal income docs. Just tell us about the property and we'll match you to the right program.
Request a Quote →Rent Covers The Payment. You Qualify.
The core DSCR program for Florida rental property investors. Qualification runs on the property's income — gross rent divided by the full housing payment — not your personal tax returns.
Standard DSCR — Complete Program Details
Loan Parameters
- Loan amounts from $100,000 to $3,000,000
- Min DSCR: 1.0x (1.25x+ unlocks best pricing)
- Max LTV: 80% purchase / 75% rate-term refi / 70% cash-out
- Min FICO: 620 (700+ for best terms)
- 30-year fixed, 5/1 ARM, and 40-year interest-only options
- Reserves: 3–6 months PITIA per financed property
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Qualifying rent from lease or appraiser market rent analysis
- Actual lease amount usable when it exceeds market rent
- No cap on number of financed properties
- First-time investors accepted with compensating strength
- LLC and entity vesting allowed
Property Types
- SFR, townhomes, and PUDs
- Warrantable and non-warrantable condos
- 2–4 unit investment properties
- Must be habitable and rentable as-is at closing
Ideal Use of Funds
- Purchase of a new rental property
- Rate-and-term refinance of an existing rental
- Cash-out refinance to fund the next acquisition
- Portfolio scaling beyond conventional loan caps
Get Your Standard DSCR Quote
Rent covers the payment — the deal qualifies. Let's run your numbers.
Request a Quote →Low-Yield Market? Still Qualifies.
Built for high-value, low cap-rate markets where rent doesn't fully cover the mortgage payment. Cash flow isn't used to qualify at all — appreciation and equity carry the deal.
No-Ratio DSCR — Complete Program Details
Loan Parameters
- Loan amounts from $150,000 to $3,000,000
- No minimum DSCR — rental cash flow is not used to qualify
- Max LTV: 70% — larger down payment offsets the ratio waiver
- Min FICO: 660
- 30-year fixed and interest-only structures available
- Reserves: 6 months PITIA
Income & Eligibility
- No tax returns, W-2s, or income verification of any kind
- No rent survey or appraisal-based rent figure required to qualify
- Best fit for appreciating markets and low cap-rate metros
- LLC and entity vesting allowed
Property Types
- SFR, condos, and 2–4 unit properties
- Negative cash flow properties eligible
- Vacation and second-home-style rentals considered
Ideal Use of Funds
- Buying in premium, low-yield rental markets
- Deals where appreciation outweighs monthly cash flow
- Investors who don't want the file tied to a rent survey
Get Your No-Ratio DSCR Quote
The rent doesn't have to cover the payment. Let's see if this is your path.
Request a Quote →Preserve Capital. Scale Faster.
For high-credit investors who want to keep more cash on hand for the next deal. The lowest down payment in the DSCR lineup for strong files.
High-Leverage DSCR — Complete Program Details
Loan Parameters
- Loan amounts from $100,000 to $2,000,000
- Down payment as low as 15% for qualified files
- Max LTV: 85%
- Min DSCR: 1.0x — 1.25x+ for the deepest leverage
- FICO target: 700+ to unlock top-tier LTV
- Reserves: 6 months PITIA
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Strongest pricing rewards higher credit and DSCR together
- LLC and entity vesting allowed
- No cap on number of financed properties
Property Types
- SFR, townhomes, warrantable condos
- 2–4 unit properties
- Must be habitable and rent-ready at closing
Ideal Use of Funds
- Investors prioritizing capital preservation over rate
- Buyers who want to fund multiple deals with less cash down per property
- Well-qualified repeat investors scaling a portfolio
Get Your High-Leverage DSCR Quote
Put down less, keep more cash for your next acquisition.
Request a Quote →Vacation Rental? Now A Standard Deal.
Qualify using projected short-term rental income instead of a signed 12-month lease — built specifically for Airbnb, VRBO, and vacation-market properties.
Short-Term Rental DSCR — Complete Program Details
Loan Parameters
- Loan amounts from $100,000 to $2,500,000
- Min DSCR: 1.0x based on projected STR income
- Max LTV: 80% purchase / 75% cash-out
- Min FICO: 640
- 30-year fixed and interest-only options
- Reserves: 3–6 months PITIA
Income & Eligibility
- Third-party short-term rental data used in place of a signed lease
- Projected income typically discounted 10–20% for conservative underwriting
- No tax returns or personal income verification
- LLC and entity vesting allowed
Property Types
- SFR and condos in established vacation/STR markets
- Furnished, rent-ready properties
- Local short-term rental regulations reviewed at underwriting
Ideal Use of Funds
- Purchasing a new Airbnb or VRBO property
- Refinancing an existing short-term rental using historical revenue
- Building a portfolio of furnished vacation rentals
Get Your Short-Term Rental DSCR Quote
Let's run your STR comps and see what your property qualifies for.
Request a Quote →Bigger Property. Bigger Leverage.
For premium and large-balance rental properties where standard DSCR loan limits fall short. Sharpened pricing at higher loan amounts.
Jumbo DSCR — Complete Program Details
Loan Parameters
- Loan amounts from $1,000,000 to $4,500,000
- Min DSCR: 1.0x (1.25x+ for best pricing)
- Max LTV: 75%
- Min FICO: 700
- Fixed and ARM structures with buydown options
- Reserves: 6–12 months PITIA
Income & Eligibility
- No tax returns, W-2s, or personal income verification
- Qualification based on property rental income and appraisal
- Strong credit and deep reserves expected at this loan size
- LLC and entity vesting allowed
Property Types
- Luxury SFR and high-value condos
- 2–4 unit properties in premium markets
- Non-warrantable condos considered case-by-case
Ideal Use of Funds
- Acquiring high-value rental properties
- Refinancing a large-balance investment property
- Portfolio investors moving into premium markets
Get Your Jumbo DSCR Quote
Larger property, larger loan — let's find the right structure.
Request a Quote →Credit Took a Hit? Your Equity Still Talks.
An equity-based DSCR loan for 1–8 unit rental properties. No credit score required, no minimum DSCR and no reserves — the equity in the property carries the deal.
NO FICO — Complete Program Details
Loan Parameters
- Loan amounts from $125,000 to $1,999,999
- No credit score required and no minimum tradelines
- No minimum DSCR — rent doesn't have to cover the payment
- Max LTV in Florida: 55% on $300K–$1.5M loans with no 90-day mortgage lates in 12 months; 50% otherwise and on condos
- At least $150,000 in equity must remain after closing
- No reserves required
- 30-year fixed · 5% prepayment penalty applies
Credit & Eligibility
- Purchase, rate-term and cash-out refinance
- No tax returns, W-2s, or personal income verification
- As soon as 1 day out of bankruptcy
- 12 months since a foreclosure on the subject property
- First-time investors, foreign nationals and ITIN borrowers eligible
Property Types
- Single-family, townhomes and 2–4 unit properties
- Warrantable and non-warrantable condos
- 5–8 unit properties (loans from $400,000)
- Up to 10 acres (non-rural)
- Investment only — borrower and family can't live in the property
Who It's Built For
- Investors rebuilding after a credit event
- Owners with recent mortgage lates and strong equity
- Borrowers with limited or no traditional credit
- Business owners putting rental property equity to work
Get Your NO FICO Quote
Your score doesn't have to be perfect. If the equity is there, let's talk.
Request a Quote →DSCR loans by state
Investing outside Florida? We arrange business-purpose DSCR loans in 36 states plus D.C.
DSCR Loans at a Glance
A DSCR loan qualifies a rental property on its rental income instead of the borrower's personal income — no tax returns or W-2s.
| Minimum DSCR | 0.75x (No-Ratio option needs no ratio at all) |
|---|---|
| Minimum credit score | 620 on Standard DSCR (640–700 on specialty programs) |
| Down payment | From 15% (High-Leverage DSCR, 85% LTV) |
| Max loan | Up to $4.5M (Jumbo DSCR) |
| Income docs | None — no tax returns, no W-2s, no personal income |
| Vesting | LLC vesting allowed on most programs |
| Typical close | As few as 15 days |
Frequently Asked Questions
What is a DSCR loan?
A DSCR (debt service coverage ratio) loan is an investment property mortgage that qualifies on the property's rental income rather than your personal income. The lender compares the monthly rent to the full monthly housing payment (principal, interest, taxes, insurance and HOA). MortgageHouz shops DSCR loans across five Non-QM and wholesale investor lenders with no tax returns, W-2s or personal income documents required.
How is the DSCR ratio calculated?
DSCR equals the property's monthly rent divided by its total monthly housing payment (PITIA). If the rent is 125% of the payment, the DSCR is 1.25x. Standard DSCR programs look for 1.0x or higher, MortgageHouz has programs starting at 0.75x, and the No-Ratio DSCR program does not use cash flow to qualify at all.
What credit score do I need for a DSCR loan?
MortgageHouz DSCR programs start at a 620 credit score. Program minimums are 620 for Standard DSCR, 640 for Short-Term Rental DSCR, 660 for No-Ratio DSCR and 700 for Jumbo DSCR; High-Leverage DSCR targets 700+ borrowers.
How much down payment does a DSCR loan require?
Down payments start at 15% on the High-Leverage DSCR program (up to 85% LTV) for well-qualified borrowers. Standard DSCR and Short-Term Rental DSCR go up to 80% LTV, Jumbo DSCR up to 75% LTV and No-Ratio DSCR up to 70% LTV.
Can I use a DSCR loan for an Airbnb or short-term rental?
Yes. The Short-Term Rental DSCR program qualifies Airbnb, VRBO and vacation rentals using third-party short-term rental income projections instead of a signed lease, with a 1.0x minimum DSCR, up to 80% LTV and a 640 minimum credit score.
Can I close a DSCR loan in an LLC?
Yes. Most DSCR programs allow vesting in an LLC for liability protection and portfolio structure.
Is there a limit on how many rental properties I can finance?
No. Unlike conventional financing, DSCR loans do not cap the number of financed properties you can hold, so investors can keep scaling past conventional debt-to-income limits.
What if the rent doesn't fully cover the mortgage payment?
The No-Ratio DSCR program is built for high-value, low-yield markets where rent doesn't cover the payment. Cash flow isn't used to qualify, with up to 70% LTV and a 660 minimum credit score.
How fast can a DSCR loan close?
MortgageHouz coordinates appraisal, title and the lender to close DSCR loans in as few as 15 days. Getting started requires no credit pull.
Can first-time investors get a DSCR loan?
Yes. Most programs do not require prior landlord experience; strength in credit, reserves or down payment can offset a first deal.
Reviewed by Anthony Scott, NMLS #146809 · Mortgage Houz LLC, NMLS #2755375 · 7065 Westpointe Blvd STE 315, Orlando, FL 32835 · 321.201.0436 · Updated October 2026. Program terms subject to change; not a commitment to lend. Equal Housing Opportunity.