Debt Service Coverage Ratio (DSCR) loans are the go-to financing solution for real estate investors who want to qualify based on their rental property income rather than personal income. Our DSCR loan calculator helps you quickly determine loan eligibility, estimate payments, and calculate DSCR ratios—so you can confidently invest in rental properties.
🚀 No tax returns, no W-2s—just simple financing for real estate investors!
A DSCR loan allows real estate investors to qualify based on their rental income, not personal income. Lenders use the Debt Service Coverage Ratio (DSCR) to assess whether a property generates enough rental income to cover loan payments.
📌 Formula:
DSCR = Rental Income ÷ Mortgage Payment
✔ DSCR 1.25+ → Strong approval likelihood
✔ DSCR 1.0 – 1.24 → Possible approval with conditions
✔ DSCR < 1.0 → Additional reserves may be required
With no income verification required, DSCR loans are perfect for investors looking to buy, refinance, or cash out on rental properties.
Disclaimer: Advertised rates and fees depend on borrower qualifications and market fluctuations.
1️⃣ Enter Rental Income – Input your monthly rental revenue.
2️⃣ Enter Loan Amount & Interest Rate – Estimate your mortgage details.
3️⃣ See Your DSCR Ratio & Loan Eligibility – Instantly find out if your property qualifies!
💡 Pro Tip: A DSCR ratio of 1.25 or higher gives you the best loan approval chances!
At Simply Approved Mortgages, we operate with a 1.5% fee, significantly below the industry standard. This ensures more savings for borrowers without compromising service quality.
Disclaimer: Simply Approved Mortgages complies with all state and federal licensing requirements that we are licensed in.
✔No W-2s, No Tax Returns Required – Qualify based on rental income alone.
✔ Fast Approval & Funding – DSCR loans offer quick closing times compared to traditional loans.
✔ Unlimited Investment Properties – No limits on the number of financed properties.
✔ Short & Long-Term Rental Financing – Works for Airbnb, VRBO, and long-term rentals.
✔ Cash-Out Refinance Available – Leverage your equity for new investments.
🚀 Invest smarter—get a DSCR loan quote today!
📌 Real Estate Investors – Buy or refinance rental properties without personal income verification.
📌 Fix & Flip Investors – Secure fast funding for rental property purchases.
📌 Short-Term Rental Owners – Airbnb, VRBO, and vacation rental investors.
📌 LLC & Business Owners – Secure business-purpose loans for rental properties.
The Section 8 Housing Program provides a reliable way to meet DSCR requirements.
Guaranteed Income:
High Tenant Demand:
DSCR Boost:
Simply Approved Mortgages proudly offers DSCR Business Purpose Loans in the following states, helping you finance investment properties under an LLC:
States We Serve:
💡 Note: Business purpose loans require property ownership under an LLC.
👉 Contact us today to learn more about financing your next investment property!
At Simply Approved Mortgages, we offer a wide range of mortgage products tailored to meet your needs:
👉 Explore these options today and find the perfect mortgage solution for your needs!
With our industry-leading 1.5% fee, compared to the standard 2.75%, we save you thousands while offering competitive rates tailored to your needs. Learn More.
Our team of seasoned professionals is dedicated to simplifying the mortgage process, providing personalized solutions, and ensuring you feel confident every step of the way.
We prioritize honesty and clarity. From disclosing every detail upfront to ensuring no hidden surprises, we build trust through our commitment to your financial success.
Discover how to leverage LLC ownership to break into the market, even with a low credit score and buildtowards owning your own home.
Leverage the benefits of Section 8 housing to secure steady rental income. With guaranteed payments from the government, Section 8 properties can provide a reliable and profitable investment opportunity for real estate investors.
Gain the knowledge and strategies to grow your investments using DSCR and business purpose loans.
You can also get help from a Home Loan Expert.
A Debt Service Coverage Ratio (DSCR) loan is a mortgage specifically designed for real estate investors. Instead of using personal income, lenders assess rental income from the property to determine loan eligibility. This allows investors to qualify without providing W-2s, tax returns, or personal income statements.
The DSCR formula is:
📌 DSCR = Monthly Rental Income ÷ Monthly Mortgage Payment
Most lenders prefer a DSCR of 1.25 or higher, meaning the rental income covers 125% of the mortgage payment. Some lenders may approve loans with a DSCR as low as 1.0, but this often requires additional reserves or higher down payments.
Yes, but approval may depend on:
✔ Stronger credit score requirements
✔ Higher down payment (typically 30%+)
✔ Additional cash reserves
Some lenders offer no-ratio DSCR loans for investors with high net worth or strong financials.
Yes! Many real estate investors purchase and finance rental properties under an LLC to separate personal and business assets. DSCR loans are ideal for LLCs and business-purpose real estate investments.
Yes, DSCR loans work for Airbnb, VRBO, and short-term rental properties, but some lenders require higher DSCR ratios or additional proof of rental income.
Yes, DSCR loans are available for duplexes, triplexes, and fourplexes. Larger properties (5+ units) typically require commercial DSCR loans.
Simply Approved Mortgages: Flexible Loan Options for Investors
At Simply Approved Mortgages, we understand the unique needs of property investors. Our tailored loan programs offer flexible terms and competitive rates to help you secure the financing you need. Check out our loan details below to find the best fit for your investment goals.
| Term | 30 Years |
|---|---|
| Loan Amount | $75K to $3.5M |
| LTV (Loan-to-Value) | Up to 80% |
| LTV Cashout | Up to 75% |
| Property Types | Non-Owner Occupied |
| Single Family Residential | |
| Condo/Townhome (1–4 Units) | |
| Multifamily (5–9 Units) | |
| Short-Term Rentals Okay |
Ready to Get Started?
Whether you’re looking to expand your portfolio or make your first investment, Simply Approved Mortgages is here to help. Reach out today to learn more about our loan options and how we can assist you in achieving your real estate investment goals.
Simply Approved Mortgages: Flexible Loan Options for Investors
At Simply Approved Mortgages, we understand the unique needs of property investors. Our tailored loan programs offer flexible terms and competitive rates to help you secure the financing you need. Check out our loan details below to find the best fit for your investment goals.
| Term | 30 Years |
|---|---|
| Loan Amount | $75K to $3.5M |
| LTV (Loan-to-Value) | Up to 75% |
| LTV Cashout | Up to 70% |
| Property Types | Non-Owner Occupied |
| Single Family Residential | |
| Condo/Townhome (1–4 Units) | |
| Multifamily (5–9 Units) | |
| Short-Term Rentals Okay |
Ready to Get Started?
Whether you’re looking to expand your portfolio or make your first investment, Simply Approved Mortgages is here to help. Reach out today to learn more about our loan options and how we can assist you in achieving your real estate investment goals.
Take control of your investment strategy—eliminate the guesswork in your property financing journey. Use our DSCR Calculator to assess your debt service coverage ratio and make well-informed financial decisions.
Start Now:
Simply input your details and see how much equity you could access today. If you have questions or need assistance, our team is here to guide you every step of the way.
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
Reduce your monthly payment or loan term while unlocking the full potential of your home’s equity!
Unlocking the American Dream, One Home at a Time
NMLS# 2620881 | NMLS Consumer Access Record