DSCR loans for real estate investors

Finance your rental on its cash flow.

Use the rent the property produces to qualify. Del Financial compares 25 lenders nationwide to find the best-fit quote for your purchase or refinance.

Calculate my DSCR Call a broker

Get a DSCR quote

We compare 25 lenders nationwide to find your best-fit quote. Closing costs may apply.

  1. Property
  2. Estimate
  3. Contact

Property and loan details Step 1 of 3

No credit pull to request a quote

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
Scenarios we close every week

Find the right fit for your rental.

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

How the DSCR process works.

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 compare 25 lenders nationwide

We’ll send the quote that best fits your scenario within 24 hours.

03

Lock & sign

Rate locked same day. Light docs uploaded online.

04

Close & fund

Appraisal, title, sign anywhere. Wire same day.

Why a broker beats a direct lender

Compare lenders with one broker.

We compare rates and terms across 25 lenders nationwide to find a quote that fits your property and financing goals.

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 compare options from 25 lenders nationwide.

  • Lenders shopped25 nationwide
  • Starting rate (est.)6.125%
  • Min DSCR threshold0.80 (No-Ratio avail.)
  • Pricing flexibilityNegotiated
  • Personal contactDedicated broker, 17-yr avg
  • California expertiseLocal since 1981
Questions investors actually ask

DSCR questions.

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 principal, interest, property taxes, insurance, and any HOA dues), 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 the quote that best fits your scenario. The hard credit pull only happens when you formally choose a program and lock the rate. You can request a quote 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 our clients say.

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

Meet Randy Evans.

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.
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Ready to compare your DSCR options?

Share your property details or call (949) 449-1889. We’ll compare 25 lenders nationwide and send the quote that best fits your scenario. No credit pull or commitment to request a quote.

Get My Quote → Call (949) 449-1889