Best DSCR Lenders for Real Estate Investors (2026)
DSCR (Debt Service Coverage Ratio) loans qualify based on the property's rental income, not your personal income or W-2s. The most popular loan product for buy-and-hold real estate investors scaling a rental portfolio.
Typical Rates
6.5%–8.5%
Max LTV
75%–80%
Typical Terms
30-year fixed or 5/6 ARM
Min Credit
620–680
What Are DSCR Loans?
DSCR loans have transformed real estate investing by removing the biggest barrier to scaling: personal income requirements. Instead of proving you can afford the mortgage with your W-2 or tax returns, the lender evaluates whether the property itself generates enough rental income to cover the debt payment. If the property's net operating income divided by the annual debt service equals 1.0 or higher (meaning rents cover the mortgage), you can qualify — regardless of your personal financial situation. This makes DSCR the go-to product for full-time investors, self-employed borrowers, and anyone who has maxed out their conventional loan capacity at 10 properties.
Who Are DSCR Loans Best For?
- Buy-and-hold rental investors
- Self-employed investors without W-2 income
- Investors scaling past 10 properties
- BRRRR refinance (long-term hold phase)
Pros & Cons
Pros
- +No personal income verification — property income qualifies
- +Close in LLC or entity name
- +No limit on number of financed properties
- +30-year fixed-rate options available
- +Cash-out refinance available
Cons
- –Higher rates than conventional (typically 1–2% premium)
- –Requires 20–25% down payment
- –Property must generate sufficient rental income (usually 1.0+ DSCR)
- –Prepayment penalties common (3–5 year step-down)
- –Higher minimum loan amounts ($75K–$100K typical)
Best DSCR Lenders (16)
These lenders offer dscr loans, ranked by our editor rating. Click any lender for a full review with detailed terms and expert analysis.
| Lender | Rates | Max LTV | Min Credit | Speed | Best For | Rating |
|---|---|---|---|---|---|---|
| Kiavi | 6.5%–12% | 80% | 640 | 10–21 days | Volume flippers, BRRRR investors | 4.5 |
| CoreVest | 6.5%–10% | 75% | 660 | 21–45 days | Portfolio investors (5+), Build-to-rent developers | 4.4 |
| Lima One Capital | 7%–12.5% | 80% | 660 | 14–21 days | New investors, BRRRR strategy | 4.3 |
| Visio Lending | 6.5%–8.5% | 80% | 680 | 21–30 days | Buy-and-hold investors, Portfolio builders | 4.2 |
| Easy Street Capital | 6.75%–12% | 80% | 640 | 10–21 days | Texas investors, First-time investors | 4.2 |
| RCN Capital | 6.5%–12% | 80% | 620 | 14–21 days | DSCR investors, Low credit score borrowers | 4.1 |
| Angel Oak Mortgage Solutions | 6.5%–9% | 80% | 660 | 21–30 days | Self-employed investors, Bank statement borrowers | 4.1 |
| Civic Financial Services | 7.5%–12% | 80% | 640 | 10–21 days | All-in-one lender, Institutional-backed stability | 4.1 |
| New Silver | 7.5%–13% | 80% | 650 | 5–10 days | Speed-focused investors, Auction buyers | 4.0 |
| Griffin Funding | 6.5%–9% | 80% | 620 | 21–30 days | Self-employed investors, Bank statement borrowers | 4.0 |
| Tidal Loans | 7%–13% | 80% | 620 | 7–14 days | Texas investors, Fast closings | 4.0 |
| Velocity Mortgage Capital | 6.5%–9% | 75% | 660 | 21–45 days | Small balance commercial, Multifamily investors | 4.0 |
| Defy Mortgage | 6.5%–9% | 80% | 620 | 21–30 days | Airbnb/STR investors, Self-employed investors | 3.9 |
| Roc Capital | 7%–12% | 80% | 620 | 10–21 days | Full-product investors, Low credit score borrowers | 3.9 |
| Lendency | 6.75%–8.5% | 80% | 660 | 14–21 days | DSCR investors, Simplicity seekers | 3.8 |
| Lima One (formerly OfferMarket) | 6.5%–8.5% | 80% | 640 | 21–30 days | DSCR investors, Education-focused borrowers | 3.7 |
Kiavi
4.5Kiavi (formerly LendingHome) is one of the largest tech-enabled lenders for real estate investors, offering fix-and-flip and DSCR rental loans with a fully digital platform. Known for fast closings and competitive pricing for experienced investors.
6.5%–12%
80%
640
10–21 days
$100K–$3M
No experience required
CoreVest
4.4CoreVest (a Redwood Trust company) specializes in rental portfolio loans and build-to-rent financing. The go-to lender for investors with 5+ rental properties who want to consolidate under one blanket loan.
6.5%–10%
75%
660
21–45 days
$500K–$100M
5+ deals
Lima One Capital
4.3Lima One Capital is a full-service investment property lender offering fix-and-flip, bridge, rental (DSCR), construction, and multifamily loans. Known for broad product range and willingness to work with newer investors.
7%–12.5%
80%
660
14–21 days
$75K–$5M
No experience required
Visio Lending
4.2Visio Lending specializes exclusively in long-term DSCR rental loans. As a pure DSCR shop, they've built deep expertise in rental property lending with competitive rates and efficient processing.
6.5%–8.5%
80%
680
21–30 days
$75K–$2M
No experience required
Easy Street Capital
4.2Easy Street Capital is a fast-growing investor lender offering DSCR, fix-and-flip, and bridge loans with an emphasis on speed and customer service. Known for competitive rates and a borrower-first approach.
6.75%–12%
80%
640
10–21 days
$75K–$2M
No experience required
RCN Capital
4.1RCN Capital is a national lender specializing in fix-and-flip, bridge, and long-term rental (DSCR) loans for real estate investors. Known for competitive rates on DSCR products and a straightforward closing process.
6.5%–12%
80%
620
14–21 days
$75K–$2.5M
No experience required
Angel Oak Mortgage Solutions
4.1Angel Oak Mortgage Solutions is a leading non-QM lender offering DSCR, bank statement, and investor cash flow loans. One of the largest non-QM originators in the country with a wide broker network.
6.5%–9%
80%
660
21–30 days
$100K–$3M
No experience required
Civic Financial Services
4.1Civic Financial Services is a private money lender offering business purpose loans including fix-and-flip, bridge, and DSCR products. A subsidiary of Pacific Western Bank, providing institutional backing with private lender flexibility.
7.5%–12%
80%
640
10–21 days
$75K–$5M
No experience required
New Silver
4.0New Silver is a technology-first hard money and DSCR lender that emphasizes speed, offering instant term sheets and same-day pre-approvals. A strong option for fix-and-flip investors who need certainty and speed.
7.5%–13%
80%
650
5–10 days
$100K–$5M
No experience required
Griffin Funding
4.0Griffin Funding is a mortgage lender specializing in non-QM products for investors, including DSCR, bank statement, and asset-based loans. Strong option for self-employed borrowers and investors with complex income situations.
6.5%–9%
80%
620
21–30 days
$100K–$5M
No experience required
Tidal Loans
4.0Tidal Loans is a Texas-based hard money and DSCR lender known for fast closings and strong presence in the Texas investment property market. A regional favorite for Texas investors.
7%–13%
80%
620
7–14 days
$75K–$2M
No experience required
Velocity Mortgage Capital
4.0Velocity Mortgage Capital specializes in small balance commercial loans for investment properties — DSCR for 1-4 units and commercial for 5+ units. One of the longest-standing investor lenders in the non-QM space.
6.5%–9%
75%
660
21–45 days
$100K–$5M
Varies
Defy Mortgage
3.9Defy Mortgage is a non-QM lender offering DSCR, bank statement, and asset depletion loans for real estate investors. Known for aggressive marketing and competitive rates on non-QM products.
6.5%–9%
80%
620
21–30 days
$100K–$3M
No experience required
Roc Capital
3.9Roc Capital (Roc360) is a nationwide hard money and DSCR lender providing fix-and-flip, bridge, and rental loans for real estate investors. Known for a wide product suite and competitive pricing.
7%–12%
80%
620
10–21 days
$75K–$5M
No experience required
Lendency
3.8Lendency is a DSCR lender focused on simplicity and speed, offering 30-year rental loans with a streamlined application process. Targets investors who want a straightforward DSCR experience.
6.75%–8.5%
80%
660
14–21 days
$75K–$2M
No experience required
Lima One (formerly OfferMarket)
3.7OfferMarket is a tech-enabled DSCR lender offering competitive 30-year rental loans with a focus on investor education and transparent pricing.
6.5%–8.5%
80%
640
21–30 days
$75K–$2M
No experience required
Frequently Asked Questions About DSCR Loans
What DSCR ratio do I need to qualify?
Most lenders require a minimum DSCR of 1.0 (break-even), meaning the property's gross rental income equals or exceeds the total mortgage payment including taxes and insurance. Some lenders offer programs down to 0.75 DSCR at higher rates, while a DSCR of 1.25+ gets you the best rates and terms.
Can I use a DSCR loan for my first investment property?
Yes. While some DSCR lenders require prior investment experience, many now offer first-time investor programs. You may face slightly higher rates or lower LTV limits (70-75% instead of 80%), but DSCR loans are increasingly accessible to beginners.
Do DSCR loans work for short-term rentals and Airbnb?
Many DSCR lenders now accept short-term rental income, often using AirDNA or comparable platform data to estimate income rather than a traditional lease. Not all lenders offer this — look for those specifically advertising STR/Airbnb DSCR programs.
What's the difference between a DSCR loan and a conventional investment property loan?
Conventional loans use your personal debt-to-income (DTI) ratio and require tax returns, W-2s, and pay stubs. DSCR loans use the property's income only. Conventional loans offer lower rates but limit you to 10 financed properties. DSCR has no property count limit but costs 1-2% more in rate.
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