Frequently Asked Questions
Get quick answers to common questions.
What types of properties qualify for DSCR loans?
DSCR loans can be used for 1-4 unit residential properties, including single-family homes, townhouses, condos, duplexes, triplexes, and quadplexes.
What’s the minimum credit score?
A minimum credit score of 680 is required.
What’s the minimum loan amount?
The minimum loan amount is $100,000.
Do you work with first-time investors?
Yes, new investors are welcome.
What’s the minimum down payment?
The minimum down payment is 20%.
Is there a minimum DSCR required?
The minimum DSCR requirement is 1.1.
How do you calculate DSCR?
Divide rental income by the sum of property taxes, insurance, principal and interest payments or you can use our DSCR calculator.
What documents are required?
A legally registered business is required, along with these documents: