Free Resource
The DSCR Loan Qualification Checklist
Before you make an offer, run through this list. It won't replace full underwriting, but it'll tell you in five minutes whether a property is a realistic DSCR candidate.
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Credit score of 620 or higher
Higher scores unlock better loan-to-value ratios and lower reserve requirements.
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Property is a 1-4 unit investment property
DSCR loans are business-purpose loans — not available for a primary residence or second home.
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Rental income is documented
A signed lease, a market rent schedule, or short-term rental platform history (Airbnb/VRBO).
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Down payment funds available
Typically 15-40% of the purchase price, depending on the property's DSCR and your credit tier.
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Reserve funds available after closing
3 to 6+ months of the mortgage payment, sourced and seasoned, depending on the program.
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This isn't your first-ever home purchase
DSCR loans are business-purpose loans and are generally not available to first-time homebuyers.
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The purchase is for investment purposes only
You and immediate family will not occupy the property.
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For short-term rentals: rental history or a market projection
12 months of booking history for a refinance, or a qualified market rent projection (such as an AirDNA report) for a purchase.
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