Start with the refinance objective
A rate-and-term refinance typically begins with the existing loan, estimated property value, current payment, and the investor’s desired outcome. Lenders evaluate each request under their own program rules.
DSCR Loan Programs
DSCR Refinance Loans for Investment Properties
DSCR refinance programs allow eligible investors to refinance investment properties primarily using property rental income and cash flow.
Revisit financing for an existing rental property
DSCR rate-and-term refinance programs may be available up to 80% 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+. Qualification may focus primarily on rental-property cash flow rather than traditional personal-income documentation.
Review the property’s current performance
Rental income and recurring property expenses can help frame an estimated DSCR. Qualification may focus primarily on property rental cash flow rather than traditional personal-income documentation, while lenders still determine the documentation and expense treatment that apply.
Foreign national DSCR loan researchCompare the full financing picture
Up to 80% LTV may be available for qualifying rate-and-term refinance scenarios. DSCR, credit profile, property type, loan amount, value, reserves, documentation, lender, and program can affect available options, pricing, and terms.
Prepare your property details
Key factors for this scenario
Current financing
Organize the current loan balance, estimated property value, and refinance objective.
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.