Do I need to show W-2s, tax returns, or pay stubs? +
No. That is the core benefit of a DSCR loan — we do not require W-2s, tax returns, or pay stubs. We underwrite the asset. The rental income of the property is what qualifies the loan, not your personal income history. This makes DSCR ideal for self-employed investors, those with complex tax returns, or investors with multiple write-offs.
What is the minimum FICO score? +
We require a minimum 620 FICO score for DSCR loans. This is lower than our rehab and construction products (which require 660) because the underwriting focus is primarily on the property's income — your credit still matters, but it's weighted differently.
What property types qualify? +
We lend on a variety of investment property types including single-family rentals, duplexes, triplexes, quadplexes, small multifamily, and short-term rentals (Airbnb/VRBO). All properties must be non-owner-occupied investment properties.
Is there a prepayment penalty? +
Yes — unlike our rehab and construction loans, DSCR loans do have a prepayment penalty. We offer step-down prepayment options: 5-year, 3-year, or 1-year step down. This means if you sell or refinance during the prepayment period, a declining fee applies. We'll walk you through the options when we discuss your loan terms.
Can I close in my LLC? +
Yes. DSCR loans are fully compatible with LLC vesting — in fact, most serious investors prefer it for liability protection. We work with LLCs, S-Corps, and trusts regularly. Just bring your entity formation documents when you apply.
How fast can you close? +
We can close DSCR loans in as little as 21–30 days once all conditions are satisfied. Typical timeline is a bit longer depending on the appraisal and title, but our process is designed to move quickly so you don't lose time-sensitive deals.
Can I use a DSCR loan to refinance out of a hard money or rehab loan? +
Absolutely — this is one of the most common use cases. If you completed a BRRRR deal using one of our rehab loans, a DSCR refi is the natural next step: pull out your equity, lock in long-term financing, and repeat. We can structure the DSCR refi to happen as soon as the property is stabilized and tenanted.