The details
Conventional investment loans also cap the number of financed properties per borrower, while DSCR lenders often have no such cap.
DSCR loans close in entity names like LLCs at many lenders, which conventional loans generally do not allow.
Run it yourself
Related loan programs
Investment property
DSCR Loans
A DSCR loan is an investment-property mortgage that qualifies you on the property’s rental income divided by its monthly payment (the debt service coverage ratio).
Learn more ›
Investment propertyInvestment Property Loans
An investment property loan finances a 1-4 unit rental you do not live in.
Learn more ›
Self-employedNon-QM Loans
A non-QM (non-qualified mortgage) loan is any mortgage that documents income or credit outside the standard Qualified Mortgage rules, using bank statements, a P&L, 1099s, assets or rent instead of W-2s and tax returns.
Learn more ›
More answers
- Is there such a thing as a free mortgage?
- Can you get an interest-free mortgage?
- What is a no-closing-cost mortgage?
- What is the difference between lender-paid and borrower-paid compensation?
- What does “lender-backed” mean on a mortgage?
- Mortgage broker or bank: which is better?
- How is DSCR calculated for a mortgage?
- What DSCR ratio do I need to qualify?
