With a No-Ratio DSCR loan you can use rental income and even potential rental income to qualify for investment property financing — no W-2s, no tax returns, no personal income verification required.
Instead of tying your loan approval to personal debt-to-income ratios, we focus on the income potential of the property itself and your down payment. No-Ratio DSCR loans close faster because they involve far less documentation than conventional loans.
Whether you are purchasing a vacation rental, single family home, or multifamily property, our No-Ratio program is the fast track to short-term rental passive income.
What Is a No-Ratio DSCR Loan?
A No-Ratio DSCR loan is a type of mortgage that allows us to approve your loan without verification of your personal income. We call this debt service coverage ratio lending, but without actually being tied to your W-2. With a No-Ratio mortgage, we don't consider your personal income to qualify — instead, we focus on the income potential of the property and your down payment.
No-Ratio DSCR loans close faster because they involve far less documentation than conventional loans. You tell us how much rental income you receive from the monthly rent, and the net operating income gets your rental property approved without worrying about your personal debt service coverage ratio getting in the way of your investment goals.
No W-2 Required
Your personal income from your W-2 does not come into play. We qualify you based on the rental income potential of the property.
Fast 3-Week Closing
Less documentation means faster closings. Most No-Ratio DSCR loans close in about 3 weeks from application to funding.
Use Rental Income
Qualify based on the property's rental income or potential rental income — even if the property is currently vacant.
No-Ratio DSCR Loan Program Basics
No-Ratio DSCR loans are part of our expanded DSCR loan program designed for real estate investors who want simplified financing for investment properties. Our program uses the debt-service coverage ratio of the subject property to qualify — not your personal income or tax returns.
Eligible Property Types
Key Program Features
- DSCR of 1.0 or higher to qualify
- No W-2 or tax returns needed
- Credit scores as low as 640
- LTVs up to 80% based on appraisal
- Close in approximately 3 weeks
DSCR Loan Interest Rates for Income Property
Competitive Rates Without Personal Income Requirements
We provide the best mortgage rates for investment property based on a potential rental income mortgage calculation. Many eager investors have been holding back due to fears of finding financing with challenging personal credit scores.
We are now providing a variety of lending products without debt service coverage ratio requirements, including streamlined loans with limited documentation for the credit-challenged at competitive rates.
Any dips in housing prices make up for higher interest rates. Our DSCR loans are fast and easy. Call us today for a free consultation: 888-375-7977
Competitive Rate Terms
Up to 80% of value based upon an appraisal that we order. Available in most areas of the USA. The property can be vacant or not support traditional DSCR or DTI requirements to qualify for no-ratio DSCR lending. We do this without the DSCR ratio which requires tons of financial documents.
Fixed Rate Terms
NO PROPERTY INCOME RATIOS
- 3/1 ARM – NO Balloon
- 5/1 ARM – NO Balloon
- 10/1 ARM – NO Balloon
- 30 Year Fixed – Fully Amortizing
- Interest Only Option
30 Year Amortization
INVESTOR-FRIENDLY TERMS
- Pre-Payment Penalty: 3 or 5 Year Declining
- Upfront Fee: Appraisal Only
- Use Your Own Title Company
- Close in About 3 Weeks
- Funds Into LLC or Personal Name
- Lender Fees: 1.0–2.0% at Closing
- 6 Months PITI Cash Reserves Required
Easy Qualifying
3-WEEK CLOSING
- No W-2s Required
- No Tax Returns Necessary
- No 4506s Ever
- 640 Credit Minimum
- Past Bankruptcy OK (2+ Years)
- Past Foreclosure OK (2+ Years)
- LTVs Up to 70% of Current Value
Loan Purposes
No-Ratio income loans and no-ratio mortgages can be used for a wide variety of investment property purposes. Whether you are acquiring new properties, refinancing an existing portfolio, or pulling cash out, our program has you covered.
Vacation Rentals
Start a short-term rental LLC and transform your DSCR loan into a vacation rental. Great for Airbnb and VRBO properties.
Single Family (1–4 Unit)
SFR, duplex, triplex, and four-plex investment properties all qualify under our No-Ratio program.
New Acquisitions
Be confident when making offers on new purchases. Our fast qualifying means you can close before the competition.
Cash Out Refinances
Pull equity out of your investment properties to fund new acquisitions or improvements without income documentation.
Multifamily Properties
Finance multifamily investment properties with our No-Ratio program. Ideal for growing your rental portfolio.
Apartment Buildings
Apartment building financing with flexible qualification. Credit-challenged investors welcome with strong property income.
No Ratio Loan in the Short-Term Rental Market
The US real estate market for short-term rentals continues to grow rapidly. The real estate investor of today is not focused on interest only — finding a loan without the debt obligation tied to your personal income can be a challenge. A DSCR mortgage is your answer for real estate investors wanting investment and commercial properties.
The borrower's ability to pay the debt obligation, if tied to personal annual debt, won't see as much rental income from their real estate investment versus using our DSCR program with no ratio. A rental income mortgage with DSCR loans is fast and easy. In order to take full advantage of the opportunities, investors need leverage and a minimum DSCR loan. We frequently approve short-term rental loans for credit scores as low as 640.
What Is Debt Service Coverage Ratio (DSCR)?
The debt service coverage ratio is the ratio of annual net operating income and annual loan debt for the investment property loan. The lender can use the down payment and DSCR to assess the income potential of a loan and determine the maximum income protection of private mortgage insurance for a particular loan amount.
DSCR loans are great for investment property. However, our DSCR no-ratio loan for investment property is based on the cash flow stated by the investor of the rental properties. This means your personal income from your W-2 does not come into play when qualifying.
What Is NOI (Net Operating Income)?
Net operating income (NOI) is a standard calculation in DSCR loans. Most lenders use NOI to analyze the profitability of real estate investments and ensure the property meets minimum principal and interest payments.
NOI equals all revenue from the property minus reasonably necessary expenses such as insurance and maintenance costs that don't directly relate to generating cash flow for investors.
We calculate DSCR so we can provide you a no-ratio loan based on the property income and not your personal income. Since we focus on NOI for your DSCR loans, we won't let the debt service coverage ratio get in the way of your investment goals.
No-Ratio DSCR Loan Pricing
Pricing incentives for DSCR loans without debt service coverage ratio are based on zip code, LTV, credit score, loan size, leased versus vacant status, and term. Your personal income and personal debt obligations do not impact the maximum loan amount.
We focus on the cash flow generated from the monthly payments of your tenants. Your rental income mortgage will depend on the potential rental income calculations and the profits your investment property will provide.
Close Fast with a Vacant Property
No-income-ratio mortgages with stated income can be ideal for investors needing to close fast with a vacant property, who want a streamlined closing process, and want to be confident when making offers on new purchases. Easier qualifying may now make it possible for more investors to obtain the fair leverage they have been searching for.
Flexible Qualification
State how much the property earns to show there is no negative cash flow. Great for your first vacation rental or your tenth.
Positive Cash Flow Focus
We look at the possible positive cash flow of the rental properties to set loan terms. The property can even be vacant.
Hard Money Lending
We are your hard money lender for DSCR loans. We use the net operating income of the investment property to get your loans approved.
Minimal Documentation
No W-2s, no tax returns, no 4506 forms. Principal and interest payments are based on stated cash flow investment property loans.
Is It Hard to Get a Loan for Investment Property?
We say it's easy — but that is not what most mortgage companies do because they have to use your debt-to-income ratio. You have come to the right place because we are a hard money lender who can provide DSCR lending without debt service coverage ratio getting in the way of getting your investment property loans.
For other mortgage companies, obtaining investment property loan applications can be tough because they consider investment properties to be riskier and can only use debt service coverage ratio to qualify borrowers. We have removed those obstacles. For the best rates and terms for your investment property loans, you need a hard money lender like us that can provide a No-Ratio DSCR loan, which is why many investors growing their portfolios choose us for DSCR loans.
Ready to Get Started?
Whether you need financing for a vacation rental, single family investment, or multifamily property, our No-Ratio DSCR loan program removes the traditional income documentation barriers that hold investors back. Fast closing, flexible qualifying, and competitive rates — all without a W-2.
Call us today at 888-375-7977 for a free consultation, or apply online now for quick pre-approval on your rental investment property.