Real estate investing, simplified — no income docs required.

If you’ve ever tried getting a mortgage for an investment property, you know the drill:

• Tons of paperwork
• Tax returns that don’t reflect your cash flow
• Lenders asking about your job, not your rental portfolio

But what if you could qualify based on the property itself — not your personal income?

👉 That’s the power of a DSCR loan.

Let’s break down what it is, how it works, and why it’s one of the most powerful tools for real estate investors looking to scale smarter and faster.

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✅ What Is a DSCR Loan?

DSCR stands for Debt Service Coverage Ratio — a fancy term for a simple concept:

Can the property’s rental income cover the mortgage payment?

That’s it.

If the answer is yes (or close to it), you can get approved — no W-2s, no tax returns, no employment verification.

📘 DSCR loans are part of the Non-QM loan category, designed for real-world investors who want flexibility and speed.

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📊 How DSCR Is Calculated

Here’s the basic formula:

DSCR = Gross Monthly Rent ÷ Monthly Mortgage Payment

Example:

• Property rents for $2,000/month
• Mortgage payment (PITI) is $1,800/month
• 2,000 ÷ 1,800 = 1.11 DSCR

Most lenders require a DSCR of 1.00 or higher (meaning the property covers itself), but some will allow ratios as low as 0.75 with compensating factors like strong credit or more money down.

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🏠 What Types of Properties Qualify?

DSCR loans can be used for:

• Single-family rentals
• 2–4 unit properties
• Condos and townhomes
• Some short-term rentals (Airbnb, VRBO)
• Portfolio deals (multiple properties at once)

As long as it generates income — we can run the numbers.

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🔍 Who Are DSCR Loans Best For?

• 🏘️ First-time and experienced real estate investors
• 💼 Self-employed borrowers
• 📉 Buyers with recent tax write-offs or inconsistent income
• 📦 Clients looking to build or scale a rental portfolio fast

You don’t need a W-2 job. You just need a cash-flowing property and a smart strategy.

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💳 What Do You Need to Qualify?

Typically:

• Credit score of 620+ (680+ preferred for better rates)
• Down payment of 20–25%
• Rent estimate (from appraisal or lease)
• Proof of reserves (liquid savings or investment funds)

No tax returns. No employment verification. No income calculation.

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🧠 How PRMI Makes It Easy

PRMI is a direct lender that specializes in DSCR lending. That means:

• We process and underwrite in-house
• We work with both long-term and short-term rentals
• We help you optimize your DSCR for best-case approvals
• We offer interest-only and 30-year fixed options

Whether you’re buying one rental or 10, we help you scale with less stress and more strategy.

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👇 Want to See If a Property Qualifies for a DSCR Loan?

Let’s run the numbers together — and show you how much you can borrow without income docs.