DSCR loans for investment property in 38 states, from a broker who compares the programs

I can do your primary or second home in Maine or Florida and your rental properties in 38 states with DSCR loans, all with one broker. DSCR loans are for investment properties only. Your own home is financed separately, with a loan program that fits how you'll live in it. Call or text 207-615-7770.

Investors often start with Maine DSCR loans or Tennessee DSCR loans, and if you want personal income left off the application, read about the no income DSCR loan.

DSCR means Debt Service Coverage Ratio and compares the property's monthly rent with its full mortgage payment. I review whether the rent covers the property expenses and debt. Programs vary, and I review each client's file individually. If you already own a rental, I compare a DSCR loan with a HELOC, explain how a HELOC on an investment property works, and cover whether you can use a HELOC for a down payment on the next one. Investors in the Midwest can start with my notes on a DSCR loan in Wisconsin.

I'm not a single lender. As an investment property loan broker, I work with multiple DSCR programs and place your rental property loan, portfolio loan or single deal with the program that fits your property, your entity and your rent, not a one size fits all product.

Ohio is on my Licensing page, and I place DSCR loans on Ohio rentals in Cleveland, Columbus, Cincinnati, Akron, Toledo and Dayton, plus short term rentals in areas like Hocking Hills.

Close in an LLC or your personal name. Check the city and county rental rules before you make an offer, since they vary by location and I have not verified every local ordinance.

DSCR covers single units all the way up to small apartment buildings. On 2 to 4 unit rentals I look at rent unit by unit, backed by leases or market rent for each door. On 5 to 9 unit buildings the review goes deeper: the full rent roll, the leases in place, the building's condition, and insurance that covers the whole property, not just one unit.

I don't place anything above 9 units. Bigger commercial deals go to my sister brand at thecapitalgoat.com.

DSCR loans can work for short term and vacation rentals too. Local zoning, city rules and your association decide whether the short term use is even allowed, so check that before you count on the income. See short term rental and Airbnb loans for how the income is documented and the Florida and Maine rules to check first.

Need to pull equity out of a rental instead of refinancing the first mortgage? A DSCR HELOC or DSCR second mortgage qualifies on the property's rent, the same way a DSCR purchase loan does, and keeps your existing first mortgage in place. See DSCR HELOC and second mortgage on a rental property for how it works and which states I offer it in.

I'm not tied to one investment property loan broker's shelf of products. For every deal I compare several DSCR lenders against your property, your entity and your rent, whether it's a single rental property loan or a portfolio loan across several properties, and tell you which program actually fits. See how I stack DSCR programs up in my picks for the best DSCR loans.

Short term rental investors in Orlando, Kissimmee, Destin, and the Panhandle. Long term landlords in Jacksonville, Tampa, and Lakeland. Snowbird buyers turning a Naples or Cape Coral second home into a seasonal rental. A DSCR loan Florida investors actually close on is the one that accounts for the real Florida costs: hurricane insurance, flood insurance, condo association assessments, and the seasonality of short term rent. I structure the deal with those numbers in, not pretend they don't exist.

If you are buying a Florida investment property in an LLC and you want to skip tax returns, this is your loan. More on Florida: DSCR loan Florida requirements.

Real estate investors building a portfolio. People with W2 income too high or too messy to qualify a traditional way. Folks who don't want their personal life underwritten every time they buy a rental. BRRRR investors. Short term rental operators. The list is long.

• The subject property address and basic info
• Estimated rent (lease, market rent, or short term projection)
• Your LLC docs if you're closing in an entity
• Credit and basic asset info

Bigger commercial deals or true private money scenarios are usually a better fit at my sister brand. Visit thecapitalgoat.com for those.

I arrange DSCR investor loans in the states listed on my Licensing page. State availability and entity vesting requirements vary. See my Licensing page for the current state list and confirm your scenario with me before applying.