Qualify on the Property.
Not Your Paycheck.
DSCR loans are purpose-built for real estate investors. No W-2s, no tax returns, no DTI calculation — qualification is based solely on whether the property's rental income covers the mortgage payment.
Built for Investors. Not W-2 Earners.
Traditional lenders qualify you on personal income. DSCR lenders qualify the deal. Here's what that means for your portfolio.
No Personal Income Required
No tax returns, W-2s, or pay stubs — ever. Qualification is based solely on the property's rental income relative to the monthly mortgage payment.
High Leverage — Up to 85% LTV
Properties with strong cash flow qualify for as little as 15% down. Keep more capital in reserve and scale your portfolio faster.
No-Ratio Option
Properties that don't currently cash flow still qualify. Our No-Ratio program allows purchase and refinance transactions for strong-credit borrowers regardless of DSCR.
LLC & Entity Vesting
Close and title the property in the name of your LLC, Corporation, or Partnership. Asset protection built into every transaction from day one.
No Experience Required
First-time investors are welcome on 1-4 unit properties. No flipping history or portfolio size requirement to get started.
Fast, Streamlined Closings
As business-purpose loans, DSCR transactions are exempt from TRID/QM restrictions — no three-day waiting periods, no mortgage disclosure delays.
Every Property Type. Every Investor Profile.
From single-family rentals to multi-family apartment buildings — we have a DSCR program for your deal.
The flagship program. Covers single-family homes, PUDs, warrantable and non-warrantable condos, and 2–4 unit properties. Eligible for purchase, rate-term refi, and cash-out refi.
Dedicated DSCR program for larger residential apartment buildings. High loan amounts up to $3,000,000 with underwriting focused on property-level cash flow rather than personal income.
Airbnb, VRBO, and seasonal rental income is accepted for DSCR qualification. We use a 12-month look-back on actual STR revenue or AirDNA market data to establish qualifying income — no long-term lease required.
Dedicated DSCR paths for international investors and borrowers without a U.S. Social Security Number. Foreign credit and ITIN-based qualification available — the property's income does the qualifying, not your U.S. credit history.
DSCR Fusion — When Income Alone Isn't Enough
Combine Rental Income
+ Liquid Assets
Some properties generate strong cash flow — but not quite enough to clear the DSCR threshold on their own. The DSCR Fusion program solves this by allowing you to supplement rental income with verified liquid assets during qualification.
Asset utilization converts a portion of your liquid holdings into a calculated monthly income figure, which is then blended with the property's actual rental income to meet DSCR requirements. This opens doors that standard DSCR qualification would close.
Who This Program Serves
- Investors with strong liquid reserves but borderline cash-flowing properties
- High-net-worth borrowers with significant brokerage or retirement accounts
- Properties in lease-up phase with below-market current rents
- Borrowers transitioning a property from STR to long-term rental
- Anyone who needs a blended qualification approach to close a deal
Choose the Term That Fits Your Strategy
Fixed rates, adjustable rates, and interest-only options — structure the loan around your cash flow goals, not the lender's preferences.
Standard DSCR vs. No-Ratio — What's the Difference?
Not every great investment property cash flows on day one. The No-Ratio option removes the DSCR floor entirely for the right borrower profile.
Income Covers the Payment
The property's monthly gross rental income is divided by the PITIA (principal, interest, taxes, insurance, association dues). A ratio of 1.00 means break-even. We lend down to 0.75 DSCR — meaning the property only needs to cover 75 cents of every dollar of mortgage payment.
Best for: stabilized rentals, properties with strong market rents, and investors who want maximum leverage with minimal cash contribution.
No DSCR Floor — Credit Qualifies
For properties below 0.75 DSCR — or where no rental income exists yet — the No-Ratio program removes the income requirement entirely. Qualification is based on borrower credit strength and equity position rather than property cash flow.
Best for: value-add acquisitions, properties mid-renovation, investors purchasing below market and planning a reposition, or any deal where the numbers will work after stabilization.
Programs for Every Investor Profile
Standard DSCR is just the foundation. We have dedicated paths for non-traditional borrower situations.
DSCR Fusion
Blend rental income with liquid asset utilization to meet DSCR thresholds on properties that don't quite qualify on income alone.
No-Ratio DSCR
No income floor required. Purchase or refinance investment properties regardless of current DSCR — credit and equity position drive qualification.
Short-Term Rental
Airbnb and VRBO income accepted. Qualify using a 12-month STR revenue history or AirDNA market projections.
Foreign National
No U.S. Social Security Number required. Foreign credit and ITIN qualification paths available for international investors.
5–8 Unit Multi-Family
Specialized DSCR program for apartment buildings up to 8 units. Loan amounts up to $3,000,000 with property-level underwriting.
Closed-End 2nd
DSCR-qualified 2nd mortgages up to 80% CLTV. Access equity without disturbing your low-rate first mortgage. No tax returns required.
Who DSCR Loans Are Built For
Ideal Borrower Profile
- Real estate investor purchasing or refinancing a rental property
- Self-employed borrower with low reported AGI due to write-offs
- LLC or entity borrower protecting personal assets
- Short-term rental operator using Airbnb / VRBO income
- Foreign national or ITIN borrower investing in U.S. real estate
- 660+ FICO with investment property as collateral
Not the Right Fit
- Owner-occupied or primary residence financing
- FICO below 660 (contact us — options may exist)
- Borrowers in restricted states (CA, ID, MN, NV, ND, OR, SD, UT, VT, WA)
- Commercial properties (retail, office, industrial)
- 9+ unit properties (contact us for commercial bridge options)
From Inquiry to Closed
No tax returns to gather. No employment verification. Just the deal details and a few weeks to close.
Share the Deal
Property address, purchase price or current value, expected rent, and your FICO range. No SSN required at this stage.
DSCR Pre-Qual
We run a quick DSCR calculation and confirm which program tier — Standard, No-Ratio, or Fusion — fits your deal.
Submit & Underwrite
Upload your docs to your secure borrower folder. Appraisal ordered. File submitted to underwriting within 48 hours of complete package.
Clear Conditions
We manage the PTD condition checklist and keep you updated at every stage. No surprises at the closing table.
Close & Fund
Sign in your LLC name. Fund. Add the property to your portfolio. Repeat with the next deal.
Ready to Qualify on the Property?
Tell us about your deal or run the numbers yourself — our free DSCR Calculator gives you an instant eligibility read before you ever talk to us.
Seth Capital Group LLC is not a licensed mortgage lender or broker. All loans are business purpose only and are originated through licensed wholesale lending partners. Loan parameters shown are subject to change and represent program guidelines at the time of publication — not guaranteed rates or terms. Maximum LTV, FICO requirements, DSCR minimums, and loan amounts vary by program, property type, and state. Arizona available for 1–4 unit properties only. Programs not available in CA, ID, MN, NV, ND, OR, SD, UT, VT, or WA for business purpose 1–4 unit residential properties. The No-Ratio option is subject to lender approval and borrower credit qualification. This is not an offer to lend or a commitment to make a loan.