DSCR Loans: Qualify on the Rent, Not Your Tax Returns
Qualify on the Rent, Not Your Tax Returns
DSCR loans from $100,000 to $3,000,000 for 1–4 unit, 5–10 unit, and short-term rentals. Up to 85% LTV on purchases. No W-2s, no tax returns, no personal income verification.
Apply Now ▸ Run your numbers in our DSCR loan calculatorWhy LOANKWEST DSCR
The property qualifies. You don't have to.
Self-employed, write off everything, or own ten doors already? A DSCR loan looks at one number: does the rent cover the payment. We present that number across our lender network.
Qualify on Cash Flow
Approval is based on the property's rent divided by its payment, not your personal income.
No Tax Returns or W-2s
No pay stubs, no 1040s, no debt-to-income ratio. Bank statements for reserves, and that's about it.
Close in Your LLC
Vest the property in your LLC or corporation from day one.
Short-Term Rentals Welcome
Airbnb and VRBO properties qualify using market or historical short-term rent.
Purchase, Refi or Cash-Out
Buy the next one, lower your rate, or pull equity out to fund the one after that.
Interest-Only Options
A lower payment raises your DSCR. Interest-only terms are available on many programs.
No Minimum FICO Option
Bruised credit or no score at all? Equity can be the qualifier. See No Minimum FICO DSCR ▸
Foreign Nationals Welcome
Live outside the U.S. or have no U.S. credit? We have programs for that. See Foreign National loans ▸
One Application, Many Lenders
We're a broker, not a single lender. We present your deal across our lender network and bring you the best fit.
Check your DSCR
Does the rent cover the payment?
Rent divided by the full payment (PITIA). Pick purchase or refinance, plug in your rate, and compare 30-year fixed with interest-only.
Estimate only, not a quote. Lenders use the lower of lease or market rent, and some programs have no minimum DSCR.
How it works
From application to closing in weeks, not months.
Apply Online
Five-minute form. No credit pull to apply.
We Present Your Deal
An advisor runs your scenario across our DSCR lender network.
Pick Your Terms
Compare rate, prepay and structure side by side, then lock.
Close in Your LLC
Appraisal, title, sign. Typical close in about 21 days.
Program at-a-glance
The fine print, up front.
Representative terms across our lender network. Final terms are set by the lender or funding partner you choose.
- Loan amount
- $100,000 – $3,000,000
- Loan purpose
- Purchase, rate & term refinance, cash-out refinance
- Rates
- Priced on DSCR, LTV and credit
- Terms
- 30-year fixed, 5/6 and 7/6 ARM, interest-only options
- Max LTV
- 85% purchase · 75% rate & term · 75% cash-out
- DSCR
- 1.00+ on most programs; no-ratio programs available
- Credit
- 660+ on most programs; no-minimum-FICO option
- Property types
- SFR, 2–4 unit, condo, townhome, short-term rental, 5–10 unit
- Income docs
- None. No tax returns, W-2s or pay stubs
- Vesting
- Individual, LLC or corporation
- Borrowers
- U.S. citizens, permanent residents, foreign nationals
- Closing
- Typically 21 – 30 days
Eligible states
Available in 45 states through our lender network.
Coverage depends on the lenders and funding partners active in each state. Tap a highlighted state to see its loan programs and start a deal there.
Available in 45 states and the District of Columbia. Not available in AK, HI, ND, SD or VT.
Where Our Programs Are Available: 45 States + DC Investor loan guides by state
- Alabama
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- Tennessee
- Texas
- Utah
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Not yet available: Alaska, Hawaii, North Dakota, South Dakota, Vermont. All states →
FAQ
Common questions
FAQ
Common questions
What is DSCR?
Debt service coverage ratio: the property's monthly rent divided by its monthly payment (principal, interest, taxes, insurance and HOA). A 1.25 DSCR means rent is 25% higher than the payment.
What if my DSCR is below 1.00?
You still have options. Our Non-DSCR rental loans have no minimum DSCR, usually at a lower LTV and a slightly higher rate.
Do you have DSCR loans with no minimum credit score?
Yes. On our No Minimum FICO DSCR program, equity is the qualifier: no credit score required, no DSCR calculation, up to 55% LTV.
Can foreign nationals get a DSCR loan?
Yes. See our Foreign National loans for investors who live outside the U.S. or don't have U.S. credit.
Do you verify my income at all?
No personal income verification. Lenders will check reserves (usually a few months of payments in the bank) and the property's rent, and on most programs, credit.
Can I use short-term rental income?
Yes. Lenders use 12 months of booking history or a market short-term rent analysis from the appraiser.
Can the loan close in my LLC?
Yes. Most DSCR loans close in an LLC or corporation, with a personal guarantee from the members.
Is there a prepayment penalty?
Usually, but you choose it. Common options are 5-4-3-2-1, 3-2-1, or no prepay at a slightly higher rate.
Apply now. No obligation. Takes only 5 minutes.
No credit pull to apply. No tax returns. No commitment.
Apply Now ▸Partner program
Agents & Brokers: Close More Investor Buyers.
Your investor buyers get stuck when a bank asks for tax returns. Send them to LOANKWEST and we'll qualify them on the property's rent instead.
Partner inquiries: loans@seqlending.com- Get credit on every funded loan you refer
- Keep investor clients from shopping you to a competitor
- One intake, dozens of lenders behind it
- Your name on the application via the referral field