Get up to 80% LTV based on future rental income.
DSCR Loan Terms
Best DSCR loan terms for rental property investors who want to qualify for a mortgage based on rental income.
| LTV | Up to 80% LTV |
| Interest rate | As low as 6.5% |
| Credit score | Minimum 680 |
| Loan size | Minimum $100,000 |
| Property types | Single family home, condo, townhouse or 1-4 unit properties |
| Loan types | Amortized or interest only |
| Loan terms | 30 year, 15 year, 5/1 and 7/1 ARM |
See How Much You Qualify For
- Secure up to 80% financing
- Get proof of funds today
- Same loan advisor (no handoffs)
Minimum Loan Requirements
These are the minimum loan requirements for a DSCR loan in Kansas.
Minimum Credit Score
The minimum credit score to get approved is a 680 or higher.
Minimum Loan Amount
The minimum loan amount is $100,000.
Minimum DSCR Ratio
A minimum DSCR ratio of 1.2 is required. Use our DSCR loan calculator to determine your rental property’s DSCR ratio.
Business Entity Required
Since these are business purpose loans, a legally registered business is required to get approved. Most Kansas DSCR lenders will require this, so it’s a good idea to apply for a new LLC in the state of Kansas if you don’t already have one.
Minimum Documentation
The following documents will be required to get approved in the Sunflower State.
- Driver’s License or State ID
- Articles of Organization
- LLC Operating Agreement
- EIN Letter
- Certificate of Good Standing