DSCR
At a glance
- Typical qualifications and documentation vary by lender and program rules.
- Property type, occupancy, and credit profile matter.
- We’ll confirm eligibility and next steps during a call.
Basic qualifications (typical)
- Qualifies primarily based on property cash flow (Debt Service Coverage Ratio).
- Often for investment properties; borrower income documentation may be reduced.
- Minimum DSCR and reserves vary by lender.
Property types that may work
- 1–4 unit investment properties
- Some short‑term rental programs (lender specific)
- Some 2–4 unit properties (guidelines vary)
Typical documentation checklist
- Photo ID
- Lease/market rent documentation (rent schedule, leases, STR income docs if applicable)
- Bank statements for reserves/down payment
- Entity documents if vesting in an LLC (if allowed)
- Insurance quote and purchase contract
Tip: For privacy and security, do not email SSNs or sensitive document images. Use a secure portal for sensitive info.
Program-specific documents / notes
- DSCR requirements differ by occupancy, LTV, and property type.
- Cash‑out and interest‑only options may be available (program dependent).
- We’ll confirm the best fit based on rental strategy.
Questions? Call (530) 238-5739 or email [email protected].