Clarify the equity objective
Start with the estimated property value, current loan balance, requested cash-out amount, and intended use of proceeds. A lender determines what may be available under a specific program.
DSCR Loan Programs
DSCR Cash-Out Refinance
Explore options for accessing equity from qualifying investment properties.
How much equity can I access?
DSCR cash-out refinance programs may be available up to 75% LTV for qualifying investment properties. Programs may be available down to 0.75 DSCR, starting around 620–640 FICO, and for loan amounts of approximately $75,000 to $5,000,000+. Investment properties only. These are program-availability parameters, not a loan offer, approval, or guarantee.
Illustrative equity example
A $1,000,000 property at 75% LTV
- Property value
- $1,000,000
- 75% LTV
- $750,000
- Existing mortgage
- $450,000
- Theoretical gross cash available
- Approximately $300,000
Educational example only, not a loan offer, approval, or guarantee. Closing costs, payoff adjustments, lender limitations, and other applicable amounts can reduce available proceeds.
Consider DSCR and LTV together
DSCR estimates property cash-flow coverage, while LTV compares the requested loan amount with estimated property value. Up to 75% cash-out LTV may be available for qualifying scenarios, but the maximum can vary by property, borrower profile, lender, and program.
Prepare for lender review
A lender may review property income, recurring expenses, current debt, valuation information, and documentation. Requirements and terms vary by lender, loan program, property type, and borrower circumstances.
Prepare your property details
Key factors for this scenario
Equity snapshot
Organize the current debt, estimated property value, and requested cash-out amount.
Property cash flow
Review estimated rent and recurring property expenses before a lender evaluates the scenario.
Lender verification
A lender verifies program availability, documentation, eligibility, pricing, and final terms for the specific request.
Important program disclosure
This page is for educational purposes only and does not constitute a loan offer, approval, commitment, or guarantee. Program availability, eligibility, underwriting requirements, qualifying calculations, pricing, terms, and documentation vary by lender and program.