DSCR Investment Property Loans | No Tax Returns | The Galli Team
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For Real Estate Investors · No Tax Returns · No DTI Limits
DSCR Loans for Real Estate
Investors Who Mean Business.

Qualify based on the property's rental income — not your personal tax returns. No W-2s, no employment verification, no DTI ratios. Just the math on the rental. Build your portfolio without conventional loan limits getting in the way.

Get Pre-Qualified Today → 📞 (941) 529-1040
No tax returns No income docs No DTI limits Unlimited properties
Chris Galli
"DSCR is how serious investors scale. If the property cash-flows, we can usually make it work — even past conventional limits."
Chris Galli · Branch Manager · NMLS# 13152
25+
Lender Options
29+
Years Experience
4.9★
Client Rating
Who DSCR Is Built For

Built for Investors Who've
Outgrown Conventional.

Conventional loans cap you at 10 financed properties and use your personal DTI to qualify — which kills most investors once they own a few rentals. DSCR loans don't care about your DTI, your job, or your tax returns.

If the property's rental income covers the mortgage, you qualify. That's it. This is how serious investors build portfolios of 10, 20, or 50+ doors without conventional constraints.

Check My Eligibility →
🏘️
Buy & Hold Investors
Acquiring long-term rentals where the cash flow matters more than your W-2 income. Single family, multi-family, condos.
🏖️
Short-Term Rental Operators
Airbnb, VRBO, and short-term rental investors. We use projected STR income or actual AirDNA data depending on market.
📊
Portfolio Investors
Maxed out at 10 conventional loans? DSCR has no limit. Scale to 20, 50, or 100+ doors without conventional caps.
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BRRRR & Refi-Out Investors
Refinance out of hard money or cash-out refi a rental you already own to fund the next deal. DSCR is the perfect exit.
The Math

How DSCR Actually Works

DSCR stands for Debt Service Coverage Ratio. It's a single number that tells the lender whether the property can pay for itself.

The DSCR Formula
DSCR = Monthly Rent ÷ Monthly Mortgage Payment (PITIA)

A DSCR of 1.0 means the rent exactly covers the payment. 1.25+ is preferred. Many lenders allow below 1.0 (called "ratio loans") with stronger credit or larger down payments.

01
We Calculate the DSCR
Using the property's actual or projected rental income vs. the proposed mortgage payment including taxes, insurance, and HOA.
02
No Income Verification
We don't pull tax returns, W-2s, pay stubs, or DTI. We don't need to know what you do for work. The property qualifies — not you.
03
Match to the Best Program
We compare across 25+ DSCR lenders to find the best rate for your DSCR, credit score, and property type — including no-ratio options.
Property Types Accepted
Single Family (SFR)
2–4 Unit Multi-Family
5–10 Unit Small Apartment Buildings
Condos, PUDs, Townhomes
Short-Term / Vacation Rentals
Loan Features
Purchase, rate/term refi, cash-out refi
30-year fixed, ARMs, interest-only options
Loan amounts $100K – $5 Million
LLC vesting allowed (asset protection)
No limit on number of financed properties
Typical Requirements
Credit score: 620+ (lower with larger down)
Down payment: 20–25% typical
DSCR: 1.0+ preferred (some programs allow lower)
Cash reserves: 3–6 months PITIA
Appraisal with rent schedule (Form 1007)
What You Skip
No tax returns required
No W-2s or pay stubs
No employment verification
No personal DTI calculation
No 4506-T tax transcript
Documentation

What We Need to Get
You Pre-Qualified

DSCR has the shortest doc list of any loan program. Here's what we typically need to get you pre-qualified same day.

25+
DSCR lenders compared on your behalf. Every program prices differently based on DSCR, credit, and property type. We match you to the best one.
1
Property Address & Purchase Price
If you're under contract, just send the address and contract. If you're shopping, give us the target purchase price range.
2
Estimated Monthly Rent
For long-term rentals: what the market rent is or what your lease pays. For STR: projected or actual AirDNA data.
3
Government-Issued ID
Driver's license or passport. Standard for all loans.
4
Asset Statement (2 Months)
To verify your down payment funds and reserves. Personal or business account both work.
5
Soft Credit Authorization
Soft pull only — zero impact to your credit. A hard pull only happens when you're ready to formally apply.
Real Investor Results

Investors We've
Actually Closed

These aren't hypotheticals — real investors who couldn't qualify conventionally but closed with DSCR.

🏘️
Buy & Hold · Tampa
Investor Maxed Out at 10 Conventional Loans
✕
The Problem

Already had 10 financed properties. Conventional lenders wouldn't touch him for #11. Strong cash flow, but no path forward.

✓
The Result

Closed on 4 more SFRs with DSCR over 18 months. Now at 14 doors, scaling toward 25. No DTI conversations needed.

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Short-Term Rental · Sarasota
Airbnb Investor Denied by Three Banks
✕
The Problem

Banks wouldn't use projected STR income. Conventional only counted 75% of long-term rent on a property that earns 2x more as a vacation rental.

✓
The Result

Used a DSCR program that accepts AirDNA market data. Property cash-flowed at 1.42 DSCR. Closed in 24 days at full STR income.

🔄
BRRRR Investor · Florida
Hard Money Refinance With No W-2 Income
✕
The Problem

Full-time investor with no W-2. Hard money note coming due. Conventional couldn't qualify him without traditional income.

✓
The Result

DSCR cash-out refi at 70% LTV. Paid off hard money, pulled $48K equity for the next deal. Closed in 22 days.

Questions

DSCR Loan
FAQs

Everything investors ask before applying. Straight answers, no fluff.

Get Pre-Qualified →
Correct. No tax returns, no W-2s, no pay stubs, no DTI ratios. DSCR qualifies based solely on the property's cash flow — your personal income is irrelevant. We don't even need to know what you do for a living.
Most lenders prefer 1.0+ (rent covers the payment). Many of our 25+ lenders accept DSCRs as low as 0.75 with stronger credit or larger down payments — these are called "no-ratio" or "ratio-flexible" programs. Tell us your DSCR and we'll match the right one.
Yes. We work with several DSCR lenders that accept actual or projected STR income — using AirDNA, third-party market reports, or 12-month historical income from the property. Not all DSCR programs allow STR, so we match you to the ones that do.
No limit. Unlike conventional loans (capped at 10 financed properties), DSCR lenders don't restrict the number of loans you have. Some investors have 30, 50, even 100+ DSCR loans across portfolios.
Yes — and most experienced investors do. DSCR loans allow LLC vesting (sometimes required). You'll personally guarantee the loan, but title goes in the LLC for asset protection.
20–25% for most purchases. 25–30% for cash-out refinances. Higher LTVs available for stronger credit and DSCRs. We'll tell you exactly what you'll need for your scenario.
Typically about 0.5–1.5% higher than conventional investment property rates — the trade-off for no income docs, no DTI, and no property limits. For most serious investors, that's a worthwhile premium for the flexibility. We compare 25+ lenders to get you the best DSCR rate available.
Most DSCR loans close in 21–30 days. Because there's no income docs to review, it's actually one of the faster non-QM products. For investors with deals already in escrow, we move as fast as the appraisal allows.
Other Options

Other Programs Investors Should Know About

Not sure if DSCR is your best option? Here are two more worth considering.

💼
Bank Statement Loans
If you also need a loan for your primary residence and don't want to use tax returns, bank statement loans qualify you on actual deposits — perfect for self-employed investors.
Learn about Bank Statement Loans →
🏠
Conventional Investment
For investors with strong W-2 income who haven't maxed out 10 financed properties, conventional investment loans often have better rates than DSCR. We'll compare both.
View All Loan Programs →
💎
Jumbo DSCR up to $5M
For higher-value rentals or small apartment buildings. DSCR jumbo programs go up to $5M with the same no-income-docs structure as standard DSCR.
Explore Jumbo DSCR →
Same-Day Pre-Qual · 25+ DSCR Lenders · No Income Docs

Your Next Rental Doesn't
Have to Wait on Conventional Limits.

Tell us about the property — we'll have a DSCR pre-qualification within 2 hours. If the deal works, we'll show you how to close it.

Get Pre-Qualified Today → 📞 Call (941) 529-1040
No income docs No DTI limits LLC vesting OK Unlimited properties
The Galli Team
📞 (941) 529-1040 · 📍 Sarasota / Bradenton, FL

Novus Home Mortgage, a division of Ixonia Bank. NMLS #423065. Equal Housing Lender. Chris Galli NMLS# 13152. This is not an offer to enter into an agreement or a commitment to lend. All loans subject to credit approval. Not all products available in all states. Privacy | Terms

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