Rhode Island (RI)

DSCR Loans in Rhode Island

Property-cash-flow mortgages for Rhode Island real estate investors. No tax returns, 80% LTV, close in 13 days.

Get a RI DSCR QuoteRun DSCR Calculator

Why DSCR Loans Work in Rhode Island

Providence multi-family and Newport vacation rentals both perform well with limited new supply.

Average Rent
$1,950/mo
Top Markets
Providence for multi-family; Newport for STR.
Close Time
13–21 days statewide

Rhode Island DSCR Loan Program

  • Loan Amount
    $100,000 – $5,000,000+
  • Max LTV
    80% purchase · 80% cash-out refi
  • Minimum Credit
    620 FICO
  • Minimum DSCR
    1.0 (sub-1.0 with compensating factors)
  • Property Types
    1–8 unit residential, condos, small multi-family, STR
  • Borrower Entity
    Individual, LLC, LP, Trust
  • Income Documentation
    None required
  • Rate Range
    Mid-7% to low-9% (Nov 2025)

Cities We Fund in Rhode Island

Providence
Warwick
Cranston
Newport

Plus every other city, town, and county across Rhode Island. Statewide coverage.

Related Resources

DSCR Loan Program Overview →
Full program details, rates, and how DSCR loans work.
DSCR Loan Requirements →
Credit, DSCR ratio, down payment, and documentation.
DSCR vs Conventional →
Compare DSCR to traditional investment mortgages.
DSCR Calculator →
See if your Rhode Island property qualifies in 30 seconds.

DSCR Loans in Other States

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Frequently Asked Questions

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