Investor / DSCR
Financing that qualifies on the property's cash flow — not your paycheck.
DSCR stands for debt-service coverage ratio: how the property's rental income compares to its monthly cost. DSCR loans qualify the deal on that ratio — if the rent covers the payment, the property can largely qualify itself, often with no personal income documents or tax returns.
How it works
The property does the qualifying
Lenders compare market rent to the full monthly payment (principal, interest, taxes, insurance). A ratio at or above roughly 1.0 means the property pays for itself — the core of the approval.
Built for scaling a portfolio
Because approval doesn't hinge on your personal debt-to-income ratio, DSCR loans are a common way investors finance their second, fifth, or fifteenth property — and many allow vesting in an LLC.
Expect a real down payment
Investment financing typically wants around 20–25% down and prices a bit above owner-occupied loans, since the lender's risk is higher.
A good fit if you're…
- Buying your first rental property
- Seasoned investors growing a portfolio
- Investors who prefer to keep personal income out of the file
This page is educational and is not a loan offer or a commitment to lend. All loans are subject to credit approval, income verification, and property appraisal. Program availability, rates, and terms vary and are subject to change without notice. Not all applicants will qualify. Legacy Loans USA, LLC | NMLS #2814261.
Explore other loan programs
Home Purchase
Conventional, jumbo, FHA, and first-time buyer programs with as little as 0–3% down.
Refinance
Lower your rate, shorten your term, or switch loan types with rate-and-term refinancing.
VA Loans
$0-down purchase, VA Streamline (IRRRL), and VA Cash-Out options for those who served.
Home Equity / HELOC
Tap your equity for renovations, debt consolidation, or major expenses.
Reverse Mortgage (HECM)
For homeowners 62+: convert home equity into cash with no required monthly mortgage payment.
Self-Employed
Bank-statement and alternative-documentation loans built for business owners.