DSCR loan requirements vary meaningfully from lender to lender and scenario to scenario — there's no single universal checklist. That said, most DSCR underwriting considers a similar set of factors.
The property and its income
The core of DSCR underwriting is the property's rental income relative to its debt obligation. Lenders typically want a property type they're comfortable financing (single-family, condo, townhome, 2–4 unit, and sometimes 5+ unit multifamily) and a credible income figure — either a signed lease or an appraiser-supported market rent estimate.
Credit
Most DSCR programs consider your credit profile, though minimum credit score requirements vary by lender and can shift based on other factors in the scenario (down payment, DSCR, property type). We ask for an approximate credit range early in our process — not a hard credit pull — so we can identify structures likely to fit before you commit to anything.
Down payment / equity
DSCR loans generally require a meaningful down payment (for a purchase) or existing equity (for a refinance), though exact minimums vary by lender, property type, and DSCR. See our down payment article for more detail.
Entity ownership
Many DSCR lenders accommodate LLC or business-entity ownership, a common structure for investors. Requirements around entity documentation and personal guarantees vary by lender.
What we don't ask for
Our qualification flow does not collect Social Security numbers, bank login credentials, full credit reports, or government ID uploads. It's a prequalification conversation, not a full mortgage application.
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