Leverage your rental income — not your tax returns.

Traditional mortgages are great for W-2 employees with predictable income. But if you’re an investor, self-employed, or scaling a real estate portfolio, they can become a major roadblock.

👉 That’s where the DSCR loan comes in — designed specifically for real estate investors who want to qualify based on cash flow, not personal income.

Let’s break down what DSCR loans are, how they work, and why more investors are using them to grow smarter and faster.

---

✅ What Is a DSCR Loan?

A DSCR loan (Debt Service Coverage Ratio loan) is a type of mortgage that allows investors to qualify based on the income generated by the property — not their personal income, tax returns, or W-2s.

Instead of looking at your DTI (debt-to-income ratio), lenders focus on the DSCR — a ratio that compares a property’s monthly rental income to its monthly expenses.

📘 If the property can cover itself, you’re more likely to get approved — simple as that.

---

💡 Who Are DSCR Loans For?

These loans are ideal for:

• Real estate investors (residential 1–4 units)
• Short-term rental / Airbnb investors
• Self-employed buyers who write off income
• Retired buyers with assets but limited reportable income
• Anyone looking to scale a portfolio without income overlays

✅ DSCR loans work for purchases, refinances, and cash-out on investment properties.

---

🔢 How Does DSCR Work?

DSCR = Gross Rental Income ÷ PITIA

Where:

• PITIA = Principal + Interest + Taxes + Insurance + Association dues
• Lenders typically want to see a DSCR of 1.00+, meaning the property brings in at least enough to cover itself.

Example:

• Gross rent: $2,200/month
• PITIA: $2,000/month
• DSCR = 1.10 → approved

Some lenders may allow DSCR as low as 0.75–0.99 with strong reserves or larger down payments.

---

🔑 Key Benefits of DSCR Loans

• ✅ No tax returns or income docs required
• ✅ Close in an LLC or personal name
• ✅ Flexible credit requirements (usually 620–680+)
• ✅ Unlimited properties (no limit on total financed properties)
• ✅ Cash-out available for reinvestment or liquidity
• ✅ Great for BRRRR strategy and rapid scaling

💡 You qualify based on the deal, not your day job.

---

🏡 What Properties Qualify?

• Single-family homes
• Duplexes, triplexes, fourplexes
• Condos or townhomes (non-warrantable okay in some cases)
• Some vacation or short-term rentals (with AirDNA or 12-month rent projections)
• Non-owner-occupied only (no primary residences)

✅ We can help structure both long-term and STR-based DSCR files — depending on your rental strategy.

---

🧠 What to Watch Out For

• DSCR loans typically require:
  • 20–25% down
  • Higher rates than conforming loans (due to risk profile)
  • Solid credit (usually 620+)
  • Strong property performance (ideally DSCR 1.0+)

But if the numbers work — you get the property without income red tape.

---

🏢 Why PRMI?

We help investors:

• Get approved based on rental income alone
• Close in LLCs or personal names
• Understand DSCR ratios, cash-out rules, and seasoning
• Scale smart, with no income limits or property caps

You bring the strategy — we’ll bring the lending flexibility.

---

👇 Want to Buy or Refi an Investment Property Without Using Tax Returns?

Let’s run your deal, calculate your DSCR, and show you what’s possible — no obligation, no income docs.