30-Year DSCR Loan (Single Rental)
Program type: dscr
DSCR rules
- Minimum DSCR
- 0.80
- Sub-1.0 DSCR allowed
- Yes
- Sub-1.0 floor
- 0.80
- No-ratio option
- No
- No-ratio max LTV
- n/a
Credit and leverage
- Minimum FICO
- 640
- Max LTV, purchase
- 80%
- Max LTV, rate/term
- 80%
- Max LTV, cash-out
- n/a
- Loan amount
- $75,000 to n/a
Geography and collateral
- States
- All except District of Columbia, Nevada, North Dakota, South Dakota (47)
- Property types
- Single-family, 2-4 units, Condo, Townhome
- Short-term rentals
- No
- STR minimum DSCR
- n/a
- Rural allowed
- Not published
- Max acres
- Not published
- Min square feet
- Not published
Borrower rules
- Entity (LLC) borrowers
- Yes
- Individual borrowers
- Yes
- Foreign nationals
- Yes
- ITIN borrowers
- No
- First-time investors
- Yes
- Minimum experience
- Not published
- Cash-out seasoning
- Not published
- Reserves
- Not published
- Max loans per borrower
- Not published
Terms
- Prepay options
- Not published
- Prepay required
- Not published
- Interest-only
- Yes
- Terms
- 30 yr
- Rate types
- 30-yr fixed
Provenance
- Source
- Program page
- Document
- None public
- Source retrieved
- Oct 4, 2026
- Last verified
- Not yet verified by a human
- Auto-checked
- Oct 4, 2026, matched the source
Research notes
Product page: 'Fixed or adjustable-rate loans based on DSCR (minimum 0.80x)', 'From $75K to $3M+', 'Up to 80% of property value', '1-4 unit SFRs, condos, and townhomes', '30-year terms', interest-only options. FAQ adds: minimum credit score 'typically 640 for standard rental and single-asset property loans' (some programs 680 or 720); LTV 'generally cap[ped] at 75% to 80%', LTC 80-90%; not lending in NV, ND, SD; SPE/LLC vesting required 'on specific loan programs'; foreign nationals offered non-recourse with soft cash management up to 65% LTV; lends to new investors buying their first property; recourse and non-recourse options; leverage capped at 90% of total cost within first 6 months of ownership and 100% between 6-12 months (seasoning rule, not expressed in months-to-eligibility so cashOutSeasoningMonths null). maxLoan 3000000 reflects the '$3M+' floor. ARM type not specified so only 30_fixed recorded. STR handled through a separate STR product (see below). NOT found: rate/term and cash-out LTV splits, reserves in months for single rentals, prepay structures, max properties, acreage, min sqft, ITIN. individualAllowed assumed true since SPE is required only on specific programs.