DSCR Loan Requirements
What is a DSCR Loan? A DSCR loan is a mortgage for residential income property. It is mostly based on the property’s “Debt Service Coverage Ratio” or cash flow, rather than the borrower’s income. A standard mortgage loan needs income verification, tax reports, and a “debt-to-income” (DTI) ratio. DSCR loans don’t require them! DSCR Loans […]