DSCR & Investor Loans
DSCR and Investment Property Loans in Ohio and Pennsylvania
Growing a rental portfolio shouldn't stall because your tax returns don't tell the whole story. Whether you're buying your first rental or your tenth, we help Ohio and Pennsylvania investors find financing that fits how they actually invest.
A DSCR (debt service coverage ratio) loan is a non-QM loan that qualifies mainly on the property's rental income compared with its monthly payment, instead of your personal income, W-2s or tax returns. As a mortgage broker, we compare investor programs from multiple lenders for you.
Investor loan options
- DSCR loans for single-family rentals and 2-4 unit properties
- Conventional investment property loans
- Cash-out refinances to pull equity from rentals you already own
- Short-term rental financing, where lender guidelines allow
- Loans that can close in an LLC, depending on the program
Good to know
- Investor and DSCR loans usually need a larger down payment and carry higher rates than owner-occupied loans.
- Lenders typically look at credit, reserves and the property's rent (often from an appraisal rent schedule or lease).
- We'll tell you if a conventional investment loan might cost you less.