Get up to 80% LTV using projected rental income.
Flexible Iowa DSCR Loan Terms
Flexible loan terms are essential for Iowa real estate investors to compete with local homebuyers in “the Hawkeye state”.
| Credit score | Minimum 680 |
| Loan amount | Min $100,000 |
| Purchase/refinance | Up to 80% LTV |
| Cash out refinance | Up to 75% LTV |
| Interest rate | Start at 6.5% |
| Minimum DSCR | 1.1 |
| Closing time | 21-30 days |
| Loan options | 30 year fixed, 5/1 ARM, 7/1 ARM, Interest only |
What’s the minimum credit score for Iowa DSCR loans?
680 is the minimum credit score for Iowa DSCR loans.
Is there a minimum DSCR required?
Iowa DSCR loans require a minimum 1.1 DSCR ratio.
How long does it take to close a DSCR loan?
It takes an average 21-30 days to close.
What is your maximum LTV ratio?
You can get up to 80% LTV when purchasing and refinancing a rental property.
Do you work with first-time investors?
Yes, Capital Ton works with first-time real estate investors.
What types of properties qualify for your DSCR loan Iowa program?
Single family homes, townhomes, 1-4 unit residential properties such as duplexes and triplexes.
Is an appraisal required?
Yes, most if not all private money lenders will require an appraisal when financing a rental property.
Capital Ton Reviews
Very honest guy to work with, doesn’t offer unrealistic promises. Actually responsive compared to…
Ready to Get Started?
- See how much you qualify for
- No application fee
- Secure up to 80% financing
Capital Ton specializes in DSCR loans for non-owner occupied investment properties in over 20+ states. We help real estate investors build portfolios by using monthly rental income to qualify for financing.
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DSCR Loans Iowa Services Areas
The following cities and towns qualify for the DSCR loans Iowa program. Although “the Hawkeye State” has many vibrant communities, Capital Ton’s expertise is focused on these select locations.
- Des Moines, IA
- Cedar Rapids, IA
- Davenport, IA
- Marion, IA
- Sioux City, IA
- Iowa City, IA
- Ankeny, IA
- Cedar Falls, IA
- West Des Moines, IA
- Ames, IA
- Waterloo, IA
- Bettendorf, IA
- Council Bluffs, IA
- Dubuque, IA
- Urbandale, IA
- Altoona, IA