What services does FundNow Capital offer?

FundNow Capital offers business funding, real estate investor financing (fix-and-flip, DSCR, bridge, commercial), working capital, equipment financing, lines of credit, merchant cash advances, tax preparation services, business credit building, and MCA debt relief — serving nearly every legal industry nationwide.

What credit score do I need for a DSCR loan?

A 620 FICO is the typical minimum. Borrowers with 700+ scores get the best rates and highest LTVs. Some lenders go down to 600 with stronger reserves or larger down payments.

What is the minimum DSCR ratio?

Most programs require a DSCR of 1.0 (rent covers the mortgage). FundNow offers programs down to 0.75 DSCR with compensating factors like 25% down, strong credit, or large reserves.

How much down payment is required?

Plan on 20% down for a purchase. Cash-out refinances go up to 80% LTV, meaning you'll keep at least 20% equity.

Do DSCR loans require tax returns?

No. That is the defining feature of a DSCR loan — qualification is based on the property's rental income, not the borrower's personal income or tax filings.

Can I get a DSCR loan with no rental history?

Yes. On new acquisitions, lenders use the appraiser's market rent schedule (Form 1007) to project income. Existing leases are also accepted.

DSCR Loan Requirements

Everything you need to qualify for a DSCR loan in 2025 — credit, down payment, DSCR ratio, reserves, and required documents.

Minimum DSCR Loan Requirements

DSCR loans are designed for real estate investors. Instead of pay stubs and tax returns, lenders look at the property's rental income relative to its mortgage payment. Here is what you'll need to qualify with FundNow Capital.

Minimum Credit Score
620 FICO (660+ for best rates)
Minimum DSCR
1.0 (rent ≥ PITI). Sub-1.0 available with compensating factors
Down Payment / LTV
20% down · up to 80% LTV purchase · 80% cash-out refinance
Reserves
3–6 months of PITI in liquid reserves
Property Types
1–8 unit residential, condos, small multi-family, short-term rentals
Borrower Entity
Individual, LLC, LP, or revocable trust
Loan Amount
$100,000 – $5,000,000+
Appraisal
Standard 1004/1007 with market rent schedule
Income Docs
None — no W-2s, tax returns, or pay stubs
Citizenship
U.S. citizens, permanent residents, and foreign nationals

How DSCR Is Calculated

DSCR = Net Operating Income ÷ Annual Debt Service

Example: $2,000/mo rent vs $1,600/mo PITI = 1.25 DSCR (approved).

Run the DSCR Calculator →

Documents You'll Need

• Driver's license or government ID
• Two months of bank statements (for reserves)
• Property purchase contract (or current lease for refi)
• LLC operating agreement (if borrowing in an entity)
• Insurance binder at closing

No W-2s. No tax returns. No employment verification.

Want the full program details, rates, and states served?

View the DSCR Loan Program →

Frequently Asked Questions

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