DSCR Loans
DSCR Loans For Real Estate Investors
DSCR loans allow real estate investors to qualify using rental income from the property instead of personal income or tax returns. Finance long-term, short term rental properties, and investment real estate with flexible qualification options
loan snapshot
Rates updated daily
30-yr. fixed
6.576%
6.592% APR
6.592% APR
15-yr. fixed
6.016%
6.045% APR
6.045% APR
7-yr. ARM
6.542%
6.564% APR
6.564% APR
30-yr. fixed VA
5.973%
6.103% APR
6.103% APR
DSCR LOAN HIGHLIGHTS
dSCR loans are the premier solution for real estate investors who want to grow
Created for real estate investors who are looking to increase their rental portfolio
Bank statement loans are designed for business owners, freelancers, entrepreneurs, and 1099 income earners who may not qualify using traditional tax returnsNo personal income required
No tax returns, W2s or pay stubs are ever required on our DSCR loans.
Qualify on rental income
We qualify you based on the income generated by the property
Flexible Property Types
Finance single family, multifamily up to 30 units and other commercial properties
Airbnb and short term rental options
Many programs allow projected short-term rental income for qualification purposes.
minimum requirents for a DSCR loan
credit score
620+
minimum down payment
15% to 20%
Debt-to-income ratio
None
Mortgage insurance
Not Required
Occcupancy
Investment only
Loan limits
Up to $3 Million
DSCR Loans may be a good fit for you if...
You are looking to increase your rental portfolio
Your personal income is too low to qualify for investor mortgages
You are looking for multifamily financing that expands beyond 4 units
You have a complex situation that will not let you qualify for a conventional loan.
DSCR LOAN FAQ
Frequently Asked Questions
Get answers to some of the most common questions about DSCR loans for real estate investors
What does DSCR Mean?
DSCR stands for Debt Service Coverage Ratio, which measures a property’s rental income compared to its mortgage payment.
Do DSCR loans require tax returns to qualify?
Never! DSCR loans qualify borrowers using rental income from the property whether it’s long term or short term rental.
Can I close a DSCR Loan under an LLC?
Yes. We allow you to title the property under an LLC or business entity.
Can I do a DSCR loan on a commercial property?
Yes. Our DSCR loans will help you finance commercial properties such as office, retail, restaurants and more.
Do you offer a 15% down payment DSCR Loan?
Yes! At Andes Mortgage, we offer DSCR loans with a minimum 15% down payment. This is great because it helps you keep more cash in your pocket.
ready to explore your Bank Statement loan options?
Let’s walk through your numbers, monthly payment, and available conventional loan options so you can understand the best path forward.
770-740-4050
Call or text
info@andesmortgage.com
Email Us
Mon-Friday: 9AM-6PM
Our hours