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DSCR Loans · California · Since 1981

Investor loans, shopped across 40+ lenders. Closed in 21 days.

No tax returns. No DTI. Qualify on the rent the property produces. We compare options from 40+ lenders on the same file so you can evaluate the strongest available fit for your scenario.Qualify on rental income—not tax returns. We shop 40+ DSCR lenders for your strongest options.

6.125% est. starting 85% max LTV 0.80 min DSCR 21 days to close

Free DSCR Pre-Qualification
Free to request and compare options. Loan closing costs may apply. No credit pull. No tax returns. Takes about 60 seconds.
Estimated loan amount
Est. PITIA / month
DSCR ratio
Enter property details to calculate
Illustrative estimate assumes a 6.125% rate.
Where should we send your three best quotes?
Randy personally reviews every request.Randy Evans · NMLS #310951
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Estimate only. Final terms based on full application, credit, appraisal, and lender guidelines.

Starting Rate
6.125%
Estimated · 30-yr fixed, DSCR ≥1.25
Max LTV
85%
Purchase. 80% on cash-out refi.
Loan Amount
$100K–$5M
No cap on total properties financed
Min DSCR
0.80
No-Ratio programs also available
Why a broker beats a direct lender

One file. 40+ lender options. Compare the strongest fit.

Direct lenders like Kiavi and Visio quote you their price. We quote you the best of 40+ lenders on the same file. It's the same lenders you've heard of — we just have wholesale relationships and shop them all at once.

The direct lender path

Kiavi / Visio / Lima One

You apply directly. They quote one rate.

  • Lenders shopped1 (theirs)
  • Starting rate6.50%–6.75%
  • Min DSCR threshold1.00
  • Pricing flexibilityNone
  • Personal contactPortal + chat
  • California expertiseGeneric
The Del Financial path

Del Financial as your broker

We submit the same file to 40+ lenders. They compete.

  • Lenders shopped40+
  • Starting rate (est.)6.125%
  • Min DSCR threshold0.80 (No-Ratio avail.)
  • Pricing flexibilityNegotiated
  • Personal contactDedicated broker, 17-yr avg
  • California expertiseLocal since 1981
Scenarios we close every week

If you've heard "you don't qualify" — we may have another path.

B

The BRRRR investor

Buy, rehab, rent, refinance, repeat.

Bridge loan during rehab, then DSCR refi at stabilization — same broker, same file. Closes the gap conventional lenders won't touch.

Typical loan$300K–$1.2M
S

The STR operator

Airbnb / VRBO investors.

We use AirDNA projections to qualify your short-term rental — not long-term comps that miss the income. STR DSCR is our highest-growth program.

LTV availableUp to 80%
P

The portfolio scaler

Investors past the Fannie 10-property cap.

DSCR has no limit on properties financed. We've taken clients from property #11 to #38 without a single tax return submitted along the way.

Max per loan$5,000,000
L

Vesting in LLC

Asset protection without rate penalty.

Close in your LLC name, no personal guarantee on most programs. Most direct lenders charge an LLC premium — we shop the ones that don't.

Personal guaranteeNot required
C

Cash-out refinance

Pull equity to buy the next deal.

Up to 80% LTV cash-out on stabilized rentals. Funds in 3 weeks, no income verification, no tax returns. Use the cash for the next purchase.

Max cash-out LTV80%
F

Self-employed / 1099

Write-offs killing your qualifying income?

DSCR ignores your personal income entirely. Doesn't matter if your Schedule C shows a loss — the property qualifies, not you.

Tax returns requiredZero
The process

Quote in 24 hours. Funded in 21 days.

No credit pull until you say go. No tax returns. No bank statements for most programs. We've been doing this since 1981 — the process is boring on purpose.

Start My Quote
01

Submit the property

Address, value, rent. That's it. No credit pull yet.

02

We shop 40+ lenders

Best three quotes back to you within 24 hours.

03

Lock & sign

Rate locked same day. Light docs uploaded online.

04

Close & fund

Appraisal, title, sign anywhere. Wire same day.

Questions investors actually ask

DSCR FAQ.

What's the difference between a DSCR loan and a conventional investment loan?
A conventional investment loan requires your tax returns, W-2s, debt-to-income calculation, and caps you at 10 financed properties (Fannie Mae rule). A DSCR loan ignores all of that — it qualifies you based purely on whether the property's rent covers the mortgage payment. There's no cap on properties, no DTI math, and no personal income docs.
What DSCR ratio do I need to qualify?
Most programs want at least 1.0 (rent equals the PITIA payment), and the best pricing kicks in at 1.25+. Some of our lenders go down to 0.80, and we also have No-Ratio programs for cash-strong borrowers where DSCR isn't checked at all. The trade-off below 1.0 is a slightly higher rate, but the loan still closes.
Can I close in my LLC name?
Yes — most of our DSCR programs are LLC-friendly with no personal guarantee required on the corporate vesting. You'll need to provide your LLC articles, operating agreement, and an EIN. We can also close in an individual name and quit-claim into the LLC post-close if your LLC isn't set up yet.
Will my credit get hit when I get a quote?
No. Our quote process is a soft pre-qualification — you give us the property and rent, we come back with three options. The hard credit pull only happens when you formally choose a program and lock the rate. You can compare options without any credit impact.
How fast can you actually close?
Our average is 18 days from a clean file to funded. Worst case on most files is 25 days. The bottleneck is usually appraisal turnaround — if your property has been recently appraised, we can sometimes do a 14-day close.
What about short-term rentals — do Airbnb properties qualify?
Yes. We use AirDNA projections, prior-year STR income, or market rent comps depending on the program. Several of our lenders specialize in STR DSCR loans for Airbnb, VRBO, and corporate-rental properties. LTV is typically capped at 80% for STR.
What are the prepayment penalties?
Most DSCR loans carry a 3- or 5-year prepayment penalty (typically 3-2-1 step-down). We can also originate loans with no prepayment penalty for a small rate premium — useful if you're flipping or refinancing soon. We'll show you both options in your quote.
Client experiences

What Del Financial clients have shared.

Client feedback previously published by Del Financial. Names are abbreviated for privacy.

★★★★★

Sandra described a positive mortgage experience, consistent progress updates, and satisfaction with the interest rate she received.

SS
Sandra S.Rancho Santa Margarita, CA
★★★★★

Jeff reported working with Randy for two decades and praised his ability to manage refinances on time and seamlessly.

JB
Jeff B.Laguna Niguel, CA
★★★★★

Lee described Randy as a true professional with strong follow-up who made the loan process feel simple and quick.

LB
Lee B.Rancho Santa Margarita, CA
Your investor team

Real people. Real direct lines.

When you submit a quote, it goes straight to Randy — a licensed loan officer who's been closing California investor loans for four decades, not a call-center rep reading a script.

R
Randy Evans
Founder · Senior LO

Founded Del Financial in 1981. Has been closing California investor and jumbo loans across four market cycles.

NMLS #31095145 yrs exp.

Ready to see your three best DSCR options?

Submit the property below or call (949) 449-1889. Within 24 hours, you'll have three side-by-side quotes from our top-pricing lenders — no credit pull, no commitment.