DSCR Loans For

Real Estate Investors

Qualify on the property’s rental income, not your personal income.

We compare DSCR programs across 30+ lending partners.

From 620 FICO

From 15% down

LLC & short-term rentals

Comparing programs across our lending partner network

30+

Lending partners

620+

FICO program options

15%+

Down payment options

85%

Max LTV programs

Does This Sound Like Your Situation?

If any of these describe you, a DSCR program may be worth comparing.
“I’m buying an investment property.
“I’m purchasing through my LLC.
“I already own several rental properties.
“I’m planning to use it as an Airbnb.
“My accountant writes everything off.
“I don’t qualify conventionally.
“I’m a business owner without tax documents.

What Is a DSCR Loan (Debt-Service Coverage Ratio loan)?

A DSCR loan is an investment property financing option built around the property’s rental income rather than the borrower’s personal income. Instead of reviewing W-2s, tax returns or employment history, lenders look at how the monthly rent compares to the monthly housing payment.

If the rental income covers that payment, the property can often qualify on its own, even when a borrower’s personal financial profile wouldn’t fit a traditional mortgage.

NextGen Mortgage is a mortgage broker,

not a direct lender.

We evaluate your investment scenario and compare available DSCR programs from our lending partners.

How a DSCR Loan Works

From first conversation to closing, here’s how we help you find a program that fits your investment.

Tell us about the property

Share the property you’re purchasing or refinancing, along with its expected monthly rental income.

We compare lending partners

Your scenario is checked against DSCR programs across our network of 30+ lending partners.

Review your matched options

See the programs you may qualify for, side by side: rate, LTV, DSCR requirement and terms.

Lock your program & close

Move forward with the lending partner and program that best fits your investment goals.

Why Choose NextGen Mortgage Broker

Every DSCR lender sets its own credit, leverage and cash-flow guidelines, so the same property can qualify with one lender and fall short with another. As a mortgage broker, NextGen compares your scenario across 30+ lending partners instead of a single set of guidelines, so you see more of what’s actually available before committing to a program.

Direct lender / traditional bank

  • Limited portfolio loan products
  • One institution’s guidelines
  • Stricter underwriting
  • Less flexibility for unique investor situations
  • Fewer alternatives if the scenario doesn’t fit

NextGen as a mortgage broker

  • Access to 30+ lending partners
  • Multiple DSCR programs and guidelines
  • More flexibility for investor scenarios
  • Ability to compare financing structures
  • More potential solutions for unique circumstances

Client Testimonials

Don't just take our word for it. Hear from the families we've helped

secure their dream homes.

The person guiding your DSCR financing | NextGen Mortgage

The person guiding your DSCR financing

Mike Gill Jr.
Founder & CEO

Mike Gill Jr.

Founded NextGen Mortgage in 2017 after starting his career at his family’s brokerage. Leads a team that partners with 30+ banks and lenders to secure financing options for investors.

2017Founded NextGen
30+Lending partners
(877) 411-0123 [email protected]
Who May Be a Good Fit for DSCR Financing

Who May Be a Good Fit for DSCR Financing?

DSCR programs are built around the property, not a single borrower profile, which is why they tend to fit a range of investor situations.

By investor profile

Real estate investors

Purchasing or refinancing investment properties.

Self-employed borrowers

Investors whose tax returns may not accurately reflect their earning potential.

ITIN & non-conventional income borrowers

Potential options for borrowers who do not fit traditional mortgage qualification structures.

By property type

Airbnb / short-term rental owners

Investors purchasing or refinancing Airbnb, VRBO or other eligible short-term rental properties.

Vacation rental investors

Financing vacation or second-market rental properties when program guidelines permit.

By ownership structure

LLC or business entity buyers

Programs may permit investment properties to close in an LLC or eligible entity.

Want to Apply?

DSCR Financing Options at a Glance

Credit score

Programs available starting around 620 FICO

Down payment

Options starting around 15% down

LTV

Programs up to approximately 85% LTV

Personal income verification

Not required with many DSCR programs

Tax returns

Many programs do not require personal or business tax returns

Cash-out refinance

Available through eligible programs

Interest-only

Available through eligible programs

LLC / entity vesting

Available through many programs

Short-term rentals

Airbnb, VRBO and other STR scenarios may qualify

Foreign nationals

Specialty programs available

DSCR flexibility

Multiple thresholds and specialty options depending on lender

Loan amounts

Programs available for a wide range of investment property loan sizes

Guidelines, pricing and terms vary by lending partner and borrower scenario. Figures reflect illustrative program ranges and are

not a guarantee of qualification.

What Determines Your DSCR Loan Options?

Credit score

What your FICO opens up

Programs may be available starting around 620 FICO, while stronger credit may provide access to better pricing or additional options.

Down payment

How much you put in

Some programs may provide financing up to approximately 85% LTV, while a larger down payment can improve the available financing structure.

Cash flow

What the property earns

Stronger property cash flow generally creates more financing possibilities, and it is the number underwriters look at first.

Run the numbers on your client's deal

Enter the property details and we'll show you the debt service coverage ratio, the monthly payment it's based on, and where that ratio lands with most lenders.

Estimates only. Actual programs, pricing and qualifying guidelines vary by lender.

Your DSCR appears here once you calculate.

Frequently Asked Question

Can you get a DSCR loan below 1.0?

Potentially. While many DSCR programs target a ratio around 1.00 or above, some lending partners offer programs for lower-DSCR or no-ratio investment scenarios. Eligibility, leverage, pricing and other requirements can differ significantly between programs.

Can you close a DSCR loan in an LLC?

Many DSCR lending programs allow eligible investment properties to close in an LLC or other permitted business entity. Requirements vary by lender, entity structure and borrower scenario, so NextGen compares the available guidelines before recommending a financing path.

Can you use a DSCR loan for Airbnb?

Yes, some DSCR lending programs allow eligible Airbnb, VRBO and other short-term rental properties. How rental income is calculated and which documentation is accepted varies between lending partners.

Are interest-only DSCR loans available?

Some lending partners offer interest-only payment structures for eligible DSCR borrowers. These structures may improve near-term property cash flow, although qualification, pricing and repayment terms vary by program.

What about a DSCR cash-out refinance?

Eligible investors may use a DSCR cash-out refinance to access equity in an investment property for renovations, portfolio expansion or other eligible purposes. NextGen compares available cash-out programs based on property value, DSCR, credit and lender guidelines.

Are there programs for foreign national investors?

NextGen can evaluate foreign-national investor scenarios against specialty programs available through participating lending partners. Documentation and qualification requirements vary by lender.

Let’s compare DSCR loan options for your investment.

Share a few details about your scenario and we’ll help identify which lending partner programs may fit.