Debt Service Coverage Ratio (DSCR)
Finance your next rental on the strength of the property, not your paycheck.
Let the Rent Do the Qualifying
Why Investors Love DSCR Loans
What is a DSCR Loan?
DSCR stands for Debt Service Coverage Ratio. It’s a simple way of asking: does this property’s rent cover its mortgage payment? DSCR loans are underwritten more like commercial loans than traditional mortgages. The property is the star of the show, and your strength as a borrower earns you even better terms.
Built for Every Kind of Oklahoma Investor
Portfolio Builders
Whether it’s your first rental or your hundredth, we can help you acquire more
Finally a common sense loan using cash flow, not your documented tax return income
Short-Term Rental Hosts
From lake cabins to downtown Airbnbs
A track record helps, but it isn’t required
How it works
1. Apply Online
Start in minutes and tell us about the property and your plans, whether that’s a long-term rental, an Airbnb, or your next addition to the portfolio. No tax returns, no pay stubs. Click here to apply now!
2. We Run the Numbers
We compare the property’s rent to its new mortgage payment to see how the deal stacks up. Then we put together loan scenarios and loan structures that are tailored to you.
3. The Property Gets It’s Spotlight
An appraisal confirms the home’s value and its rental income. On a DSCR loan, that’s what you qualify on.
4. Pull Your File Together
Credit, assets, and your LLC paperwork if you’re closing in your business’s name. Since there’s no income or employment verification, there is less hassle for you when providing documents.
5. Close and Collect Rent
Sign, fund, and put your property to work.
Properties That Qualify
Single-family homes, duplexes, triplexes, fourplexes, condos, townhomes, and modular homes.
DSCR loans are for investment properties only, so they aren’t available for a home you or your family will live in, including second homes. Fix-and-flip projects aren’t eligible. This loan is for rentals you plan to hold.
Get Started with Your DSCR Loan Today
1. Apply
Online
2. Get Your Rental
Approved
3. Grow Your
Portfolio
DSCR Loan Questions, Answered
No. Approval is based on the property’s rent compared to its mortgage payment. Personal income isn’t used to qualify.
No. Owning other rentals can help, but first-time investors are welcome.
Yes. Short-term, nightly, weekly, and seasonal rentals are eligible.
Yes. DSCR loans can be closed in the name of an LLC.
No. DSCR loans are for investment properties only. Primary residences and second homes aren’t eligible.
No. DSCR loans are for properties you plan to rent and hold. If you’re flipping, give us a call and we’ll talk through your options.
It depends on the full picture. Stronger credit earns better terms, and things like cash reserves or a larger down payment can help you qualify.
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All loans subject to credit approval, property eligibility, and program guidelines. Not all applicants will qualify. Scissortail Financial, LLC is an independent service provider and is not affiliated with, endorsed by, or sponsored by Airbnb, Inc. or VRBO