DSCR Loans for Real Estate Investors in Oregon, Washington & Idaho
No tax returns required—qualify using rental income
Are you a real estate investor looking to finance a rental property without using your tax returns or W-2 income? DSCR (Debt Service Coverage Ratio) loans could be the perfect solution. These investment property loans qualify based on cash flow—not your personal income.
What Is a DSCR Loan?
A DSCR loan is a type of mortgage used by real estate investors. Instead of verifying your income, lenders use the rental income from the property to determine if the loan can be repaid.
DSCR Formula:Gross Monthly Rent ÷ Monthly Mortgage Payment
-
A DSCR of 1.00 means the rent covers the full mortgage
-
Some lenders accept a DSCR under 1.00 if you have strong credit or cash reserves
Benefits of DSCR Loans
✅ No tax returns, pay stubs, or W-2s required
✅ Qualify based on rental income
✅ Close in the name of an LLC or personally
✅ Great for self-employed borrowers
✅ Works for long-term or short-term rentals
Who Should Consider a DSCR Loan?
-
Investors with multiple properties or complex finances
-
Borrowers using Airbnb or short-term rental income
-
Self-employed individuals who don’t show high income on paper
-
Buyers who want fast, simplified approval
General Guidelines
-
Minimum down payment: 20–25%
-
Minimum credit score: 680+ (varies by lender)
-
Property types: SFR, duplex, triplex, fourplex
-
DSCR minimum: Typically 1.0, though some allow lower. The lower the DSCR ratio, typically the higher rate.
Available in Oregon, Washington, and Idaho
We work with real estate investors in Portland, Vancouver, Spokane, Boise, and beyond. Whether you’re buying your first rental or adding to your portfolio, we can help structure the right DSCR loan for you.
Want to Run the Numbers?
I’ll walk you through custom loan options based on your target property, rent estimates, and cash flow goals.
📞 Schedule a Zoom or phone consult—or start your DSCR quote online.
