To qualify for a DSCR loan with Capital DSCR, you’ll need to meet the following criteria:
- FICO Score: 680 or higher
- DSCR (Debt Service Coverage Ratio): Greater than 1.0
- Maximum LTV: Up to 85% for purchases, up to 80% for refinances and up to 75% for cash-out refinances
You can view all eligibility terms by clicking here!
- Single-family residences (SFRs)
- 2-4 unit residential properties
- Condos and townhomes
Capital DSCR offers DSCR loans to real estate investors, self-employed individuals, LLCs, and corporations.
You can improve your DSCR by increasing rental income, reducing expenses (taxes, insurance and management fees), or refinancing to lower your existing debt payments.
Yes, you can apply if your property is held by an LLC, as long as you are the majority owner.
No. DSCR loans are intended exclusively for investment properties. They cannot be used to finance primary residences or second homes.
No. DSCR loans are designed exclusively for non-owner-occupied investment properties. They cannot be used to purchase or refinance a primary residence or second home.
Complete our simple online application with no W-2s or tax returns required. Prequalification is based on rental income.
- Current lease agreement
- Valid ID
- Homeowners Insurance Policy
- HOA statement (if applicable)
- If the property’s title is held in an LLC, Operating Agreement, Articles of Organization, Certificate of Good Standing, Resolution
Yes, Capital DSCR requires an appraisal for any loan amount.
Capital DSCR offers loan amounts from $100,000 -$1,000,000.
Typically 15-20% for purchase, though a higher DSCR can help lower that requirement.
It typically takes 3-4 weeks to close with Capital DSCR.
Capital DSCR will help coordinate an in-person closing and notary session at a location of your choice. (It could be at your home or office or wherever is convenient for you!)
Capital DSCR offers competitive interest rates with most traditional banks but, amortized over 30 years to help keep your monthly payments predictable.
Nope! DSCR loans are long-term mortgage loans, not high-interest hard money loans.
