No tax returns. No W-2s. Just smart real estate strategy.

The appeal of DSCR loans is simple:
You qualify based on the income from the property, not your job or personal finances.

But even though DSCR loans are more flexible than traditional financing, they’re not a free-for-all — and a little prep goes a long way.

👉 Here’s what you really need to qualify for a DSCR loan, how the process works, and how to make your next deal an easy yes.

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🧠 What Lenders Look For in a DSCR Loan

To qualify, lenders want to know three key things:

1. 📈 Does the Property Cash Flow?

• A DSCR of 1.00 or higher is ideal
• Some allow DSCR as low as 0.75 with compensating factors
• Appraisers will use:
  • Current lease income
  • Market rent estimate
  • (Or) short-term rental projection if STR-eligible

We help you calculate this before you apply — so there are no surprises.

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2. 💳 Is Your Credit Score Strong Enough?

Most lenders require:

• Minimum score of 620–640
• 680+ for best rates and terms
• No recent bankruptcies or major delinquencies

Even though income isn’t used, lenders still want to see you’re responsible with credit.

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3. 💰 Do You Have Enough for Down Payment + Reserves?

DSCR loans require:

• 20–25% down payment (some allow 15% at higher rates)
• 3–6 months of reserves (liquid assets or retirement funds)
• Closing costs (usually 2–5% of purchase price)

Pro tip: Ask us about using gift funds or cross-collateralizing equity from another property.

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📝 Required Documents (It’s Way Less Than You Think)

You’ll typically need:

• ID and credit authorization
• Lease agreement or estimated rent (from appraisal)
• Proof of down payment and reserves
• Appraisal and title

❌ No W-2s
❌ No pay stubs
❌ No tax returns or DTI calculations

DSCR is cash-flow lending — plain and simple.

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🧾 Tips to Improve Your DSCR Approval

✅ Buy in strong rental markets (higher rent = better ratio)
✅ Increase down payment to lower monthly PITI
✅ Choose 30-year fixed or interest-only options for lowest payment
✅ Use an LLC or personal name — we’ll help you structure it
✅ Price properties smart — avoid overpaying just to compete

We’ll help you run DSCR scenarios before you make an offer so you know exactly where you stand.

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🏢 Why PRMI?

PRMI is a direct lender that:

• Offers flexible DSCR programs
• Works with short-term and long-term rentals
• Helps first-time and seasoned investors get approved
• Underwrites and closes in-house — fast, clear, reliable

Whether you’re building your first door or scaling your 20th, we’ll help you qualify with confidence.

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👇 Want to See If You Qualify for a DSCR Loan?

Let’s run your numbers, review the property, and create a funding strategy around your goals.