Lima One Capital DSCR loan requirements

Lima One Capital calls itself "The Nation's Premier Lender for Real Estate Investors" and reports over 30,000 closed loans since 2010 and $10B+ funded across 46 states.

directDirect to investorBroker channelHQ South CarolinaNot yet verifiedAuto-checked Oct 4, 2026Lender website

2 programs

Rental30 (Single Family Rental, 1-4 units)

Program type: dscr

Not yet verifiedAuto-checked Oct 4, 2026

DSCR rules

Minimum DSCR: 1.00
Sub-1.0 DSCR allowed: No
Sub-1.0 floor: n/a
No-ratio option: No
No-ratio max LTV: n/a

Credit and leverage

Minimum FICO: 660
Max LTV, purchase: 80%
Max LTV, rate/term: 80%
Max LTV, cash-out: 75%
Loan amount: $85,000 to $2,500,000

Geography and collateral

States: All except Alaska, North Dakota, South Dakota, Vermont (47)
Property types: Single-family, 2-4 units, 5+ units, Condo
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: No
Foreign nationals: Yes
ITIN borrowers: No
First-time investors: Yes
Minimum experience: 0 deals
Cash-out seasoning: 3 months
Reserves: Not published
Max loans per borrower: Not published

Terms

Prepay options: flexible / buy-down to low or no prepayment penalty
Prepay required: No
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

Found on limaone.com/rental/ and /rental/detail/: "A property must have at least a 1.0 DSCR ratio" with 1.2+ earning best pricing/leverage; LTV up to 80% purchase and rate/term, up to 75% cash-out; loan amounts stated inconsistently as "$85k to $2.5M" (/rental/) and "$100K to $2.5M" (/rental/detail/) - $100,000 recorded, flag the $85k figure; 1-4 unit SFR (the /rental/ page also says up to 9 units, which may be the portfolio product); warrantable condos; "660 FICO score to qualify" (660 recorded; the STR product states 700); "An investor must hold or purchase the property in an LLC or similar entity" so individualAllowed is false; "Foreign nationals can qualify for rental loans"; "No Minimum Investment experience"; "Three months seasoning" with seasoning waived on refis from Lima One fix-and-flip/bridge/construction loans; interest-only and 5/1 and 10/1 ARMs offered (those ARMs do not fit the brief's arm_x_6 vocabulary so only 30_fixed is recorded); prepay described only as "flexible" / pay fee or rate for low or no penalty, no step-down schedule published. NOT found: sub-1.0 or no-ratio options, reserves, max loans per borrower, rural/acreage/sqft rules, a guideline matrix or PDF. itinAllowed false by silence rule.

Short-Term Rental Loan

Program type: dscr

Not yet verifiedAuto-checked Oct 4, 2026

DSCR rules

Minimum DSCR: 1.30
Sub-1.0 DSCR allowed: No
Sub-1.0 floor: n/a
No-ratio option: No
No-ratio max LTV: n/a

Credit and leverage

Minimum FICO: 700
Max LTV, purchase: 75%
Max LTV, rate/term: n/a
Max LTV, cash-out: 70%
Loan amount: $75,000 to $2,500,000

Geography and collateral

States: All except Alaska, North Dakota, South Dakota, Vermont (47)
Property types: Not published
Short-term rentals: Yes
STR minimum DSCR: 1.30
Rural allowed: Not published
Max acres: Not published
Min square feet: Not published

Borrower rules

Entity (LLC) borrowers: Yes
Individual borrowers: No
Foreign nationals: No
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: 5 yr, 10 yr, 30 yr
Rate types: Not published

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

STR variant underwritten to AirDNA / short-term rental market income data. Found: "Minimum FICO 700" (the general /rental/ page says 660 for STR - conflicting, 700 from the dedicated page recorded), "Up to 75% LTV on purchases", "Up to 70% LTV for cash-out refinance", "Loans from $75K to $2.5M", minimum DSCR "1.3+" (from /rental/detail/), rate types "Fixed-rate, ARMs, fully amortizing, interest only, or balloons". NOT found: rate-term LTV, specific property types, terms in years, prepay, reserves, seasoning, entity requirement (entity/individual/first-time left at silence defaults; the core program's LLC requirement likely applies), foreign national.

About the lender record

Lima One Capital, LLC; HQ 300 East McBee Ave. Suite 200, Greenville, SC 29601, with a second office in Irvine, CA. Parent company is MFA Financial (publicly traded REIT). Lends in 46 states plus D.C.; does not lend in Alaska, North Dakota, South Dakota, or Vermont (or Puerto Rico). channels includes broker on the basis of Lima One's known broker program, which was not confirmed on the pages fetched; treat as unverified. Sources read: https://www.limaone.com/rental-loans/, https://www.limaone.com/, https://www.limaone.com/rental/, https://www.limaone.com/rental/detail/, https://www.limaone.com/rental-portfolio-loans/, https://www.limaone.com/short-term-rental-loans/

Data last updated Oct 4, 2026. Guidelines are published by lenders and may have changed since.