Long-Term Rental (DSCR)
Program type: dscr
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
- $70,000 to $1,500,000
Geography and collateral
- States
- Not published
- Property types
- Single-family, 2-4 units, Condo, Townhome, PUD
- 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
- 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
- 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
From the /loan-programs page: loan amounts $70,000 - $1.5 million; purchase up to 80% of as-is value or loan-to-cost; refinance up to 80% as-is; cash-out up to 75% as-is; minimum DSCR 1.00; minimum FICO 660; 30-year fixed with hybrid ARMs (5/1, 7/1, 10/1) and interest-only options; non-owner-occupied 1-4 family, condos, townhomes, PUDs; minimum as-is appraised value $115,000 ('Geographical Restrictions May Apply'); rates starting at 6.00%. The 5/1, 7/1 and 10/1 hybrid ARMs do not map to the 5/6-7/6-10/6 vocabulary so rateTypes lists only 30_fixed. The page's prepayment field reads 'N/A', which is ambiguous (could mean none or not listed), so prepayOptions left empty. NOT found: state footprint/excluded states, STR eligibility, entity vs individual requirement, foreign nationals, reserves, cash-out seasoning, max properties; entity/individual/first-time flags assumed from silence.