Key takeaway620 opens the mainstream DSCR market: multiple wholesalers, comparable terms, real shopping.
What concretely changes at 620
- 620 opens the mainstream DSCR market: multiple wholesalers, comparable terms, real shopping.
- Standard box: 20–25% down, 1.0x DSCR ratio, 6 months reserves, the classic rental loan.
- Pricing is the entry tier: better than 600, clearly worse than 680+. The 60-point climb to 680 is worth real money.
- Short-term rental DSCR and 2–4 unit DSCR are available at 620 with most lenders.
Requirements at this band
| Minimum score | 620 (mainstream DSCR) |
|---|---|
| Down payment | 20–25% typical |
| DSCR ratio | 1.0x standard |
| Reserves | 6 months typical |
| Prepayment | Usually 3–5 yr declining (varies) |
Figures are typical market ranges as of October 2026. Actual terms depend on the lender, your credit, the property and the program, and are confirmed on your Loan Estimate or term sheet.
Smart moves at 620
- At 620, lender choice matters enormously, DSCR pricing dispersion is wide.
- Push the ratio above 1.25x for the best available pricing at this band.
- Ask about buydown vs. prepay options; structures vary more than rates.
FAQ
What is a good DSCR ratio at 620?
1.0x qualifies; 1.25x+ prices best. Under 1.0 at 620 is difficult outside exception pricing.
Can I do short-term rental DSCR at 620?
Yes, most STR DSCR programs start at 620–640, using Airbnb-style income documentation or projections.
How many DSCR loans can I have?
Many investors hold 10+; each is underwritten on its property. Exposure caps vary by lender.