ITIN DSCR Loan: Finance Rental Property With an ITIN Number
If you file taxes with an ITIN and want to build a rental portfolio, an ITIN DSCR loan qualifies you on the property’s income — not your personal income or tax returns.
Close under a company’s name or LLC. No SSN or legal status in the US required.
No personal income docs · Title in an LLC · Airbnb income counts · Hablamos español
What you need to qualify for an ITIN DSCR Loan
A DSCR loan uses the property’s rent to qualify you – not your personal income. Not having a Social Security Number, doesn’t mean a denial – this is how we can help you increase your rental portfolio.
Here’s what you need:
A valid ITIN number
No Social Security number required.
A credit score around 680
A bit higher than an ITIN home loan — investing asks for slightly stronger credit.
About 20% down
When the rent covers the payment. May need a little bit if it only partly covers it.
Rent that covers the mortgage
The property's rent is what qualifies the loan — not your paystubs or tax returns.
About 3-6 months of reserves
A cushion of payments held in the bank after closing. Depends on your FICO, loan amount and investor experience
Loan amounts up to about $1M
On the ITIN DSCR program; larger amounts are available to other borrower types.
What DSCR actually means
DSCR is just the rent divided by the full mortgage payment. If the rent is bigger than the payment, your DSCR is above 1.0 — and you’re in the strongest tier.
A quick example
Monthly rent
$2,500
full payment (PITIA)
$2,300
DSCR
1.09
The rent covers the payment with room to spare, so this property lands in the best tier — the lowest down payment and strongest terms. “Full payment” means principal, interest, taxes, insurance, and any HOA dues.
Down payment by DSCR
Your down payment tracks how well the rent covers the payment. The better it covers, the less you put down.
|
How well the rent covers the payment
|
Down payment (purchase)
|
|---|---|
|
Rent covers it fully (DSCR 1.0+)
|
~20%
|
|
Rent covers most of it (DSCR 0.75 - 0.99)
|
~40
|
|
Rent covers less than 75% (below 0.75%
|
Routes to a no-ratio program
|
Rent doesn't fully cover the payment? That's not a "no."
A DSCR under 1.0 isn’t a rejection — it just moves you to a reduced-ratio option (with a bit more down) or, if the rent covers even less, a no-ratio program that doesn’t test the ratio at all. There’s almost always a path; it’s a question of how much you put down.
Property types and holding title
Good news for vacation and rental buyers: condos and even condotels qualify — a big advantage in markets like California, Texas, Florida and elsewhere.
Eligible properties
- Single-family homes and townhomes
- Condos, including non-warrantable
- Condotels (hotel-condo units)
- 2–4 unit properties and planned communities
Hold it in an LLC
You can take title in an LLC — common for investors who want to separate the property from their personal name. The one rule: the LLC should be formed in the same state as the property.
Long-term or short-term rental — both work
Long-term rentals
The rent is the lower of your signed lease or the market rent from an appraiser’s rent survey. A straightforward, stable way to qualify for a standard rental.
Short-term rentals (Airbnb, VRBO)
Vacation rentals qualify too. For a purchase, a market rent report stands in; for a refinance, 12 months of your actual rental history can be used. Popular for higher-yield properties in vacation markets.
Where this list comes from
DSCR lending has no government agency guideline behind it — the rules come from wholesale lender guidelines most investors never see. We publish the terms of our own ITIN DSCR program in plain ranges, leading with the flexible end so what you read matches what you’ll be quoted.
- Credit: around 680 for the ITIN DSCR program.
- Down payment: ~35% when the rent fully covers the payment; ~40% on a reduced ratio; more equity kept on cash-out.
- Qualifying income: the property's rent (long- or short-term), not your personal income.
- Loan amount: up to about $750k on the ITIN DSCR program; title can be held in an LLC.
Figures are typical values from current wholesale lending guidelines, published as terms of Andes Mortgage’s ITIN program — not a single lender’s terms and not a commitment to lend. Program terms vary and are subject to change without notice. Guidelines last verified: July 2026.
The questions people actually ask
Can I get a DSCR loan with an ITIN/Tax ID number?
Yes. An ITIN DSCR loan qualifies you on the rental property’s income rather than your personal income, so no Social Security number and no paystubs are needed. Expect a credit score around 680 and roughly 35% down.
How much down payment do I need?
About 35% when the rent fully covers the mortgage payment, and closer to 40% when it only partly covers it. Cash-out refinances keep a bit more equity in the property. Your exact number depends on the property’s DSCR — the calculator shows it in seconds.
What if the rent doesn't cover the payments?
You still have options. A DSCR below 1.0 moves you to a reduced-ratio program with a bit more down, and if the rent covers even less, a no-ratio program that doesn’t test the ratio at all. A low DSCR changes your down payment, not your ability to get financed.
Do I need a higher credit score for an ITIN/Tax ID home loan?
Slightly. An ITIN home loan can go down to a 640, while the ITIN DSCR program looks for around 680. Investment lending generally asks for a bit stronger credit than buying a home to live in.
Can I rent it out on Airbnb?
Yes. Short-term rental income can be used to qualify on the rental path, supported by a market rent report. It’s a popular structure for foreign buyers financing vacation-rental properties.
Run your property, then let's talk numbers
Check the DSCR in the calculator, or book a call and we’ll pull together your down payment, rate, and structure.
Keep going
Additional resources to inform you best
ITIN loans
The full program guide
Foreign National & Non-Residents
Difference explained
DSCR loan calculator
Calculate your mortgage payments
Owner & mortgage broker, Andes Mortgage LLC · NMLS #988935
- Guidelines last verified: July 2026 · reviewed quarterly
Andes Mortgage provides mortgage guidance only, not immigration, legal, or tax advice. Eligibility reflects current conventional (Fannie Mae / Freddie Mac), FHA, and VA guidelines as of the date above and is subject to change without notice — this is general information, not a commitment to lend or a determination of eligibility. Andes Mortgage LLC · NMLS #2187991 · Equal Housing Lender.