DSCR loans let the property's cash flow do the talking. No W2. No tax returns. Close in your LLC in as little as 3 weeks.
A Debt Service Coverage Ratio loan measures whether your rental income covers the mortgage payment. If the property pays for itself, you qualify — regardless of your personal income, employment status, or tax returns.
DSCR = Monthly Rent ÷ Monthly PITIA Payment
Qualification is based entirely on the property's rental income versus its debt payment. Your personal income is not a factor.
Vest title in an LLC, LP, or corporation for liability protection and estate planning. We handle entity closings regularly.
No employer verifications or extensive income docs means faster underwriting. Most loans close in 21–30 days.
As an independent LO, I shop across multiple DSCR lenders to find the best rate and terms for your specific deal.
| Parameter | Typical Range |
|---|---|
| Minimum DSCR | 1.0 (programs available down to 0.75) |
| Loan Amount | $100,000 – $3M+ |
| Down Payment | 20–25% for purchase |
| Property Types | SFR, 2–4 unit, condos, 5–8 unit multifamily |
| Loan Terms | 30-yr fixed, 5/1 ARM, 7/1 ARM, 40-yr I/O available |
| Credit Score | 620 minimum (680+ for best rates) |
| Prepay Penalty | Typically 3–5 year step-down |
| Entity Vesting | LLC, LP, or Corp allowed |
| Short-Term Rentals | Accepted (AirDNA income analysis) |
Share the property address, purchase price or value, expected monthly rent, and your credit score range. No tax returns or pay stubs at this stage.
I run your numbers — rental income vs. PITIA payment — and come back with your DSCR ratio, qualifying loan amount, and estimated rate range. Fast and no-obligation.
Once confirmed, you receive a pre-approval letter — useful for making competitive offers in LA markets where sellers want proof of financing.
Without employer verifications or deep income documentation, underwriting moves fast. Most DSCR loans close in under a month.
Whether you have a property in mind or you're still shopping, a DSCR pre-approval takes 24 hours and costs nothing. You'll know exactly what you qualify for.
Sunny Home Loans, LLC · NMLS #2340228 · Harout · NMLS #2543120
Sunny Home Loans, LLC · NMLS #2340228 · Harout · NMLS #2543120 · Licensed by the California Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act. All loan programs subject to credit approval. Rates, terms, and availability may vary and are subject to change without notice. This is not a commitment to lend. DSCR and bank statement programs are for non-owner-occupied investment properties and self-employed borrowers respectively — additional restrictions may apply. Equal Housing Lender.