At FundNow Capital, we fund investors who think in cash flow, not tax returns. Our Debt Service Coverage Ratio (DSCR) Loans let the property's income speak for itself. If the rent covers the payment, you qualify. Period.
Most investor par rates are around 2%, and that often includes a 0.5% processing fee based on the loan amount. FundNow Capital waives that fee for qualified borrowers so you can move faster, lower your upfront cost, and get your loan done without the usual runaround.
No banks. No W-2s. No nonsense. Just real-world financing built for investors who actually invest.
We partner with a nationwide network of private lenders and portfolio banks that understand real-estate investors — not just their credit scores.
We do the legwork, shop the lenders, and make sure your deal closes fast.
Minimal info. Real quote. Fast response.
A DSCR loan (Debt Service Coverage Ratio loan) is a type of real estate investor mortgage that qualifies borrowers based on the rental income a property generates — not the borrower's personal income, W-2s, or tax returns. If the property's monthly rent covers the mortgage payment, the loan qualifies.
DSCR loans are the most popular financing tool for buy-and-hold investors, short-term rental operators, and self-employed borrowers who want to scale a rental portfolio without traditional income documentation. Learn more in our DSCR loan requirements guide or compare options in our DSCR vs Conventional comparison.
| Program Feature | Details |
|---|---|
| Loan Amounts | $100,000 – $5,000,000+ |
| LTV | Up to 80% purchase, 80% cash-out |
| Terms | 30-year fixed, ARM, or interest-only |
| Qualification | Based on DSCR ≥ 0.80 — we use market rent |
| Credit Score | 620+ (flexible) |
| Entity Types | Individual, LLC, Trust |
| Property Types | 1–8 unit residential, short-term rentals, small multi-family |
| Closing Time | 13–21 days typical |
| Prepayment Options | 3–5 years, negotiable |
DSCR = Net Operating Income ÷ Annual Debt Payments
If your rent covers the mortgage, you're good.
Rent: $2,000 / mo
PITI: $1,600 / mo
DSCR = 1.25 ✅ Approved
Down to 0.80 depending on credit score and seasoning of investor
No tax returns. No job checks. Just smart, cash-flow-based lending.
Use our free DSCR Calculator to instantly see if your property qualifies. Get your NOI, debt service, and DSCR ratio in seconds.
Our quick app takes 3 minutes.
We'll line you up with multiple DSCR lenders.
Pick your best rate and structure.
In as little as 13 days, title and appraisal permitting.
If the numbers make sense, we'll make it happen.
We proudly fund real-estate investors in 39 U.S. states:
Tennessee, Florida, Texas, Ohio, North Carolina, Georgia, Alabama, South Carolina, Pennsylvania, New York, Michigan, Kentucky, Indiana, Illinois, Virginia, Maryland, Colorado, Oklahoma, Kansas, Missouri, Wisconsin, Iowa, Arkansas, Mississippi, Louisiana, Maine, New Hampshire, Massachusetts, Connecticut, New Jersey, Delaware, West Virginia, Minnesota, Washington, Montana, Wyoming, New Mexico, Alaska, Hawaii
We do not lend in:
North Dakota, South Dakota, Nebraska, Idaho, Utah, Arizona, Nevada, California, Oregon, Vermont, Washington D.C.
DSCR pricing is driven by three things: your credit score, your loan-to-value, and the property's DSCR. The table below shows typical 30-year fixed rate ranges we're quoting on a purchase of a 1–4 unit rental. Rates move daily and are not a commitment to lend.
| Credit Score | DSCR ≥ 1.25 | DSCR 1.00–1.24 | DSCR 0.80–0.99 | Max LTV |
|---|---|---|---|---|
| 760+ | 6.500% – 6.875% | 6.750% – 7.125% | 7.375% – 7.750% | 80% |
| 740–759 | 6.625% – 7.000% | 6.875% – 7.250% | 7.500% – 7.875% | 80% |
| 720–739 | 6.875% – 7.250% | 7.125% – 7.500% | 7.750% – 8.125% | 80% |
| 700–719 | 7.125% – 7.500% | 7.375% – 7.750% | 8.000% – 8.375% | 75% |
| 680–699 | 7.500% – 7.875% | 7.750% – 8.125% | 8.375% – 8.750% | 75% |
| 660–679 | 7.875% – 8.375% | 8.125% – 8.625% | 8.750% – 9.250% | 70% |
| 620–659 | 8.375% – 9.000% | 8.625% – 9.250% | Case by case | 65% |
Cash-out refinances typically price 0.250%–0.500% higher than purchases. Short-term rental (Airbnb/VRBO) income adds roughly 0.250%. Interest-only options are available at approximately 0.125%–0.375% over the fixed rate shown.
| Factor | Typical Rate Impact |
|---|---|
| Dropping LTV from 80% to 65% | −0.375% to −0.750% |
| DSCR above 1.25 vs. 1.00 | −0.250% to −0.500% |
| Cash-out vs. purchase | +0.250% to +0.500% |
| Short-term rental income | +0.250% |
| Condo or 5–8 unit property | +0.250% to +0.500% |
| First-time investor (no rental history) | +0.125% to +0.375% |
| Buying points (1 point = 1% of loan) | −0.250% per point |
| 3-year prepay penalty vs. none | −0.375% to −0.625% |
| DSCR Loan | Conventional | Hard Money | |
|---|---|---|---|
| Qualifies on | Property rent | Personal income / DTI | Property value |
| Tax returns required | No | Yes (2 years) | No |
| Typical rate | 6.5% – 9% | 6% – 7% | 10% – 13% |
| Term | 30-year fixed or IO | 30-year fixed | 6–24 months |
| Max LTV | 80% | 75–80% | 70% (or 90% of cost) |
| Close in | 13–21 days | 30–45 days | 5–10 days |
| Property limit | Unlimited | ~10 financed | Unlimited |
| Close in an LLC | Yes | No | Yes |
Full breakdown in our DSCR vs. Conventional guide and DSCR vs. Fix & Flip comparison.
Three worked examples showing how the ratio and the payment actually pencil out.
Run your own numbers with the free DSCR calculator.
No teaser rates. No bank games. Just clarity, consistency, and capital — delivered at the speed you work.
You'll have a dedicated FundNow Advisor guiding you from term sheet to closing table.
Based on 127 verified reviews
"Bought 3 duplexes without showing a single tax return. DSCR loans let the properties speak for themselves—exactly what we needed."
"Converted 5 long-term rentals to Airbnbs with DSCR cash-out refi. FundNow understood STR income from day one."
"Closed in 14 days with our LLC as borrower. No personal income verification, just strong rent rolls. Perfect for privacy and asset protection."
"As a 1099 contractor, banks always rejected me despite strong cash flow. FundNow's DSCR program made sense—property performance over paperwork."
"Bought properties in 3 states using DSCR loans. No income verification across multiple entities—FundNow handles complexity like pros."
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See how the top DSCR loan lenders stack up on rates, credit minimums, LTV, and DSCR requirements — and when a broker beats going direct.
Compare the 8 Best DSCR Lenders (2026)Your portfolio deserves momentum, not bottlenecks. Let FundNow Capital power your next acquisition or refinance with our nationwide DSCR program.
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