Embrace the Power of Rental Income Potential with DSCR Loans
At Myers Capital, we make it easier for investors to qualify for financing through our DSCR loan program. DSCR loans don’t rely on your personal income. Instead, a Debt Service Coverage Ratio (DSCR) loan evaluates the existing or potential rental income generated by your investment property.
DSCR loans offer real estate investors simplified requirements and competitive rates. That makes this loan option ideal for seasoned and first-time investors looking to grow their holdings with confidence. DSCR loans are also an excellent option to refinance recently renovated properties and take out private or hard money fix-and-flip loans. If you're looking for rental property loans that offer more flexibility, a DSCR loan may be the solution.
What Is a DSCR Loan?
A DSCR loan, or Debt Service Coverage Ratio loan, is a type of real estate investment financing. Specifically, it’s a loan that focuses on the cash flow of the property. It’s a practical alternative for borrowers who may not meet traditional income documentation requirements.
This loan type is an excellent fit for:
- Real estate investors buying or refinancing rental properties
- Self-employed or 1099 borrowers who maximize their business expenses and show little profit
- Investors with complex income situations
- Buyers seeking fast closings without traditional underwriting delays
DSCR loans don’t use W-2s or tax returns to verify income. Instead, they assess how much rental income the property earns versus how well it covers the monthly mortgage expenses, taxes, and insurance. If the rental income is sufficient to cover the debt, you may qualify.
No-Ratio DSCR Loans
Not every investment property produces positive cash flow from day one. With No-Ratio DSCR loans, you can still secure financing even if your property's Debt Service Coverage Ratio (DSCR) is below 1.0. That can occur when a property's rental income is less than the monthly mortgage expenses, taxes, and insurance.
This flexible loan option allows you to purchase or refinance rental properties without meeting standard DSCR thresholds. In fact, there’s no minimum income or tenant documentation required.
That makes No-Ratio DSCR loans ideal for situations such as:
- Vacant properties
- Short-term rental conversions
- Underperforming assets with upside potential
- Cash-out refinance strategies, even with no current rental income
At Myers Capital, we specialize in helping investors secure No-Ratio DSCR financing to act on value-add opportunities and unlock equity, even when cash flow is tight.
Benefits of a DSCR Loan
Here’s why more investors are turning to this powerful financing tool.
NO PERSONAL INCOME VERIFICATION
Loan decisions are based on property cash flow, not your salary or employment history.
IDEAL FOR PORTFOLIO EXPANSION
Great for investors with multiple properties or non-traditional income sources.
FLEXIBLE TERMS AND FAST APPROVALS
Our DSCR loan program offers long-term fixed-rate options with an efficient process.
HIGHER LOAN LIMITS
Use projected rental income to qualify for larger loan amounts.
COMPETITIVE RATES FROM TOP DSCR LENDERS
Gain access to some of the best DSCR lenders in Hawaii and nationwide.
Why Go with Us?
As experienced mortgage professionals, Myers Capital partners with some of the best DSCR lenders. We always aim to bring you competitive terms and reliable service. Our team understands the needs of real estate investors. That’s why we structure each DSCR loan program to match your financial strategy.
Start Your DSCR Loan Application Today
Ready to grow your investment property portfolio with ease? Connect with the team at Myers Capital to explore your DSCR loan options. We’ll walk you through the process and help you secure the right financing for your next opportunity.