DSCR Rental Property Loans

Buying or refinancing investment property is a breeze with our No-income doc DSCR rental loans.
Great rates, simple qualifying rental loans designed for real estate investors.

Simple qualifying, less hassle, better long-term advantages

No-doc DSCR rental loans are a good option for real estate investors because they don’t base your qualifications on tax returns, pay stubs, W-2’s or any other documentation. Instead, the focus is on the property’s cash flow and its market rent (as determined by an appraiser’s market rent survey) – meaning the difference between the property’s income and its expenses.

Here’s how DSCR works: the debt service coverage ratio is the ratio of income derived from a property (i.e., rental income) to debt servicing, which includes your principal and interest payments, property taxes, and insurance (also known as PITI). HOA dues are also included when appropriate.

man using calculator with model of house

The equation for DSCR is Rents/ PITI + HOA Dues = DSCR

Here's an example:

Say your rental income is $5,000 per month, and your new payment, taxes, insurance, and HOA dues total up to $4,000. In this case, your DSCR would look like this:

$5,000 (rents) / $4,000 (PITI) = 1.25 DSCR

In this scenario, you’d have a DSCR well above 1.1, thereby qualifying you for your no-doc rental loan.



No DSCR Rental Loans

If your DSCR is low, meaning your rents won’t cover your payments, don’t fret. With the current hot real estate market, many times, rents have not yet caught up to property values. If this is the case in your scenario, your DSCR may be lower than 1.1.


Fortunately, you can still qualify for a no-doc rental loan without a DSCR or your rental income. To do so, you will need a minimum credit score of 700 and 25% down payment. You will also be limited to 75% loan-to-value ratio on refinance loans.

  • No tax returns, no leases required
  • No rental income, no income verification
  • No DSCR (debt service coverage ratio)
  • No reserves
real estate investor talking on phone in front of building

Why use a DSCR rental property loan

There's less hassle

No documentation is required. That means no tax documents, no pay stub, and no W-2’s. instead, these loans qualify you based on your property (and its potential cash flow).

You get a low, fixed interest rate

This is ideal if you plan on holding your investment property for the long haul, as it insures healthy cash flow.

They come with flexible terms.

Choose from fixed rate, adjustable rate, and interest-only loans.

Buy or refinance up to 80% of property value

You can tap your home equity

You can use no-doc rental loans to do a cash-out refinance, too. Put the funds toward repairs, renovations, or a down payment on a new investment. 

Quick closing times

Investors can get preapproved in just 24 hours, plus close in 3-4 weeks

Increase your buying power and get access to the capital you need.

client giving home deposit to agent

Investors can see big benefits from refinancing into
a DSCR No-doc rental loan.

Smart real estate investors know the power of leverage, tap into your property’s equity with a cash-out option, use the funds for property improvements or buy your next investment property.

  1. 30-year fixed interest rates starting in the low 7's
  2. Cash-out up to 75% of property value
  3. Loan amounts from $250,000 to $5 million
  4. Refinance rental property fast, close within 2-3 weeks


The No-doc investment property loan is different than any other real estate investor loan program out there. It requires no income estimation or documentation at all No Ratio/Stated income. There is no rental income cash flow calculation needed. This can be a huge benefit to investors, who often have difficulty qualifying for traditional loans.


  • 30-year fixed interest rates starting in the mid 7’s
  • Loan amounts from $250,000 to $5 Million
  • Buy or refinance up to 80% of property value
  • Property types: Single family, condo, townhome, and 2-4 units
  • Interest only option, 40-year fixed term, 10-year interest only period converts to principal and interest payment
  • Investment property can be purchased or refinanced under an LLC, corporation, or your individual name
  • Lightning fast close in 2-3 weeks

Calculate Your Mortgage Payment Now

couple working on documents together

Do you qualify for a No-Doc Rental Loan?

Download our free eBook below to access the step by step process for qualifying for no-doc rental loans. You’ll learn:

  • Exactly what no-doc rental property loans can be used for
  • Why your Debt Service Coverage Ratio (DSCR) matters
  • How your credit score will affect your down payment
  • What to do if appraised rents come in low

Recognized as a Top Lender for Real Estate Investors

Darrin and team is superb! I had a stress free less than 30 day closing on my new investment property purchase. They did a “No Doc” loan for me where they only had a credit report requirement. The team is very responsive and kept me updated…

Sharmila S.

We used HomeLife for a bank statement loan since we are self employed and this was a fantastic experience! The entire team, Jayne, Darrin, Esther and everyone at HomeLife was a pleasure to work with and super responsive. I would highly recommend…

Amber A.

I would highly recommend Darrin Seppinni for your loan. I am here to say you do not have to go anywhere else. This great man and his wife Jayne and their staff got my wife and I a loan on a home with a 21 day escrow in the hottest sellers’ market…

Douglas Pettibone

I can't say enough good things about this company. Without them, I'd not be in the new home we dreamed of. As long as my tax returns don't support the mortgage value I need, these guys will be my first call! I've already referred 3 friends...

Sean M.

Your Dream Investment is Only a Few Steps Away


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Closing Time

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