EST. 2024 — MODERN LENDING
DSCRÂ Loans
Designed for real estate investors, this program qualifies borrowers based on the rental income generated by the property rather than personal tax returns or employment history.
Is this loan right for you?
If you’re an investor who thinks in terms of cash flow—not pay stubs—this loan was built for you. DSCR loans are ideal for real estate investors who want to scale their portfolio without being limited by personal income documentation. If your property can support itself, you shouldn’t have to jump through traditional hoops.
Benefits of this loan
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Approval is based primarily on the property’s income, not your personal earnings
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No personal income verification required
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Ideal for long-term rentals and portfolio growth
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Faster, more streamlined underwriting for investors
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Designed to help you acquire more assets, faster
Typical loan eligibility requirements
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Property must generate sufficient rental income to meet DSCR guidelines
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Investment property (not primary residence)
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Minimum credit score and reserve requirements apply
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Property type and loan limits vary by scenario
Check out what your investor ratio is by using our DSCR Investor Mortgage Calculator...
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
The DSCR for this loan is
Monthly Payments
Principal & Interest (P&I)
$
Taxes & HOA
$
Homeowners Insurance
$
Debt Service Coverage Ratio
(Rental Income / Mortgage Payment)
Rental Income
$3,000
Monthly Mortgage
$3,000
DSCR
0.90
Estimated Taxes & Insurance
Property taxes are generally estimated to be 1.2% of the home's value, but may vary based on your location. Annual homeowners insurance is roughly 0.35% of the home's value but can change based on insurer. Your loan specialist can help you determine property tax and insurance rates in your area.
Estimated Payment
$ /mo
Loan amount
$
Down payment
$
Interest rate
Loan term
Property tax
Homeowner's insurance
$
HOA dues
$
Payment Breakdown
Amortization
Principal vs. Interest
Amortization Schedule Breakdown
Our detailed amortization schedule breaks down your mortgage payments, showing how they are split between interest and principal over the life of your loan.
Note: The actual monthly payment may be higher than what is shown here, as this schedule does not account for variable costs such as property taxes and home insurance, which are often included in your total mortgage payment.
- Principal payments: $$240,000 (the amount borrowed)
- Interest payments: $$297,554 (the cost of borrowing)
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Find Your Perfect Mortgage
No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best deal possible! We specialize with non-traditional buyers, investors, and entrepreneurs.
INVESTOR FOCUS
01
DSCR
Designed for real estate investors, this program qualifies borrowers based on the rental income generated by the property rather than personal tax returns or employment history.
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NO TAX RETURNS
02
Bank Statement Loans
Ideal for self-employed individuals, this program uses 12 to 24 months of personal or business bank statements to verify income, bypassing the need for W-2s.
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BUSINESS OWNER
03
Self-Employed / Entrepreneur Loans
Flexible financing solutions tailored specifically for business owners, independent contractors, and freelancers whose unique financial structures require alternative income verification.
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NON-TRADITIONAL
04
Non-QM
A versatile alternative lending solution for borrowers with unique financial situations, allowing for flexible qualification guidelines outside of standard conforming rules.
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POPULAR CHOICE
05
Conventional
The most common traditional mortgage option, offering competitive rates and flexible terms for borrowers with stable income and strong credit scores.
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FIRST-TIME BUYER
06
FHA
A government-backed loan designed to make homeownership accessible, featuring lower down payment requirements and more flexible credit guidelines for buyers.
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VETERAN BENEFIT
07
VA
An exclusive, zero-down-payment mortgage benefit provided by the government to honor and support active-duty service members, veterans, and eligible surviving spouses.
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PREMIUM
08
Jumbo
Specialized financing designed for luxury homes or high-value properties that exceed the standard conforming loan limits established by Fannie Mae and Freddie Mac.
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FIXER UPPER
09
Renovation
A convenient all-in-one loan that combines the purchase price or refinancing of a home with the funding needed to cover upgrades, repairs, or major remodeling projects.
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RURAL LIVING
10
USDA
A government-backed, zero-down-payment mortgage program designed to help low-to-moderate-income buyers purchase homes in designated rural and suburban communities.
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