DSCR Loan for Investment Properties
DSCR refinance program for investment properties requiring the home to be tenant-occupied with a long-term lease in place.
Underwriting at a glance
- Minimum FICO
- -
- Max LTV (purchase / rate-term)
- -
- Max LTV (cash-out)
- -
- Minimum DSCR
- -
- Loan amount
- -
- Documentation
- dscr-only
- Property types
- -
- States
- most states
Highlights
- •Requires tenant occupancy with long-term lease
- •Requires 3 months proof of rent received and security deposit
- •Rate and term refinances require property off market prior to application
- •Cash-out refinances require property off market 6 months or 5% LTV reduction
- •Requires 3-year prepayment penalty where permitted by state law
- •Requires property to be tenant occupied with long-term lease
- •Cash-out refinances require property off market 6 months or LTV reduction
- •Three-year prepayment penalty required where permitted by state law
Want to see if you qualify?
Tell us about your scenario - we'll come back with current pricing and exact guidelines.
Program guidelines and rates can change at any time without notice. Last confirmed 5/15/2026. Not a commitment to lend. NMLS info available on request.