What is a DSCR loan and who is it for?
A DSCR loan is an investor mortgage qualified by the rental property's cash flow relative to the loan's debt service, instead of the borrower's personal income. Mortgage Go originates DSCR loans through licensed loan officers in the states where each officer is individually licensed.
Who it's for
Real estate investors purchasing or refinancing rental properties where the rental income supports the debt service.
Who it's not for
Owner-occupants — DSCR is an investor program. Borrowers without rental cash flow to support the loan.
Benefits
- Qualification based on the property's debt service coverage ratio.
- No personal income documentation required for qualification.
- Designed for single-family, 2–4 unit, and short-term rental investors.
- Held in entity name in many scenarios.
Key facts
- Qualification
- Property DSCR (rental income ÷ debt service)
- Minimum DSCR
- Placeholder — pending compliance
- Net Operating Income
- Used to calculate the property's DSCR (gross rents minus operating expenses)
- Maximum LTV
- Placeholder — pending compliance
- Cap Rate
- Reviewed alongside DSCR for investor profile
- Minimum credit score
- Placeholder — pending compliance
- Property eligibility
- Non-owner-occupied investment
DSCR calculator
DSCR calculator embeds here in Phase 2.
Frequently asked questions
What is a DSCR loan?+
A DSCR (Debt Service Coverage Ratio) loan qualifies an investor based on the rental income the property generates relative to the loan's debt service, rather than the borrower's personal income.
How is DSCR calculated?+
DSCR equals the property's rental income divided by the loan's monthly principal, interest, taxes, insurance, and association dues. Specific lender minimums are pending compliance sign-off.