Non-QM · DSCR Investment
The property qualifies, not you. No personal income documentation at all.
Debt service coverage ratio is the rent divided by the payment. At 1.00x the rent covers the mortgage, taxes, insurance, and HOA exactly; above that the property carries itself with room to spare.
Because the loan is underwritten on the asset, there are no tax returns, no W-2s, and no DTI calculation. Portfolio landlords use it to buy without their existing debt counting against them.
How it works
A lease, or the appraiser’s market rent schedule if the unit is vacant.
Rent divided by principal, interest, taxes, insurance, and HOA.
Vesting in an entity is standard on this program.
Questions
Yes. We use a twelve-month history from the platform, or a market projection from the appraiser where there is no history.
No limit on this program — that is usually why borrowers come to it. Agency financing caps out at ten.
Guidelines shown are typical for this programme and are not a commitment to lend. Overlays vary by investor and change without notice; your file is priced and approved on its own facts.
Three minutes of questions and you'll see whether this programme fits — no credit pull.
