Loan Options • DSCR Loans
DSCR loans for real estate investors
Qualify on your property’s rental income, not your paycheck. DSCR loans are built for how investors actually qualify.
★★★★★ 5.0 on Google from 160+ clients | Company NMLS #1835856
At a glance
- No tax returns or W-2s to qualify
- Qualify based on the property’s rental income
- Purchase and cash-out refinance
- Close in an LLC or business entity
Talk with a licensed loan officer
Is it right for you?
Who they are for
DSCR loans are made for real estate investors, including self-employed investors and those with growing portfolios. Instead of your personal income, the lender looks at whether the property’s rent covers its mortgage payment.
Good to know
- Required ratios, credit scores and loan-to-value limits vary by program.
- DSCR loans are for investment properties and business purposes only, not owner-occupied homes.
- Final terms depend on the property, your credit and underwriting.
How it works
- Talk with usA quick, no-pressure call about your goals and budget.
- Apply onlineA secure application you can finish in minutes.
- Review your optionsClear numbers side by side so you can choose with confidence.
- CloseRegular updates from approval to the closing table.
FAQs
Common questions
What is a DSCR loan?
DSCR stands for Debt Service Coverage Ratio. Instead of qualifying you based on personal income (tax returns, W2s, pay stubs), the lender qualifies the loan based on whether the property's rental income covers its mortgage payment. It's a non-QM (non-qualified mortgage) program built for real estate investors.
What DSCR ratio do I need?
Requirements vary by program — some lenders go as low as 0.75x (rent covers 75% of the payment) with a rate adjustment, while others require 1.00–1.25x or higher for the best pricing. Joy will match you to the right program once she has the property's numbers.
Can I use this for a cash-out refinance?
Yes. DSCR programs are commonly used for both purchases and cash-out refinances on investment properties, letting you tap equity to fund your next deal.
Do I need to show tax returns or proof of employment?
No. DSCR loans don't require personal income documentation or a debt-to-income (DTI) calculation — qualification is based on the subject property's cash flow.
Can I close in an LLC?
In most cases, yes — vesting title in an LLC or other business entity is common and often expected on non-QM investor loans.
What states do you lend in?
FLO Mortgage and Joy McCoy Flores are currently licensed in Florida, Georgia, Tennessee, North Carolina, Texas, and Michigan.
This is not a commitment to lend. All loans are subject to credit approval, underwriting guidelines, property eligibility and program availability. Not all applicants will qualify. Terms and programs may change without notice. FLO Mortgage, Company NMLS #1835856. Equal Housing Opportunity. Licensing & Disclosures.
DSCR quick quote
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