Purchase, refinance and cash-out on rental property. Ratios down to 0.75, title vested in your LLC, no tax returns and no W-2s. We fund with our own capital.
Get my DSCR quote
Two numbers and we'll show you the ratio, the payment and how to structure it.
You shouldn't have to get a loan officer on the phone to find out whether your deal fits. The whole box is below.
Guidelines shown are typical program parameters, not a commitment to lend. Final terms depend on full underwriting review of the property, the borrower and the market. DSCR loans are business-purpose loans for non-owner-occupied investment property only. Bedrock Mortgage, NMLS #1104566.
Price a scenario →A sample of loans we've closed. Different states, different purposes, same process.
Our underwriting, our appraisal process and our closing team were built for this one loan type, not bolted onto a conventional pipeline. That is the difference between an underwriter who has seen a thousand rent schedules and one who is looking at their first.
Explore DSCR loansWe originate directly in the name of your entity, so there is no buying in your personal name and quit-claiming it over afterward.
The usual floor in this market is a 1.0 to 1.25 DSCR. We can work down to 0.75 when it is paired with a larger down payment, which keeps appreciation plays and lease-up deals alive.
Airbnb and VRBO income is eligible on qualifying programs, so a property that only pencils on nightly rates does not have to be underwritten as if it were on a twelve-month lease.
We fund the loan at closing instead of brokering your file out to whoever will take it, and processing, underwriting and pricing all sit in house. That is most of how the 21 days actually happens.
DSCR loans are business-purpose loans on non-owner-occupied property, so our lending territory is not limited by our retail footprint. We are licensed in Florida for consumer mortgages and we write investor loans in all 50 states and the District of Columbia.
Check your state →I live in Florida but the property was in Texas and I kept asking if that was gonna be an issue, and they just kept saying it's the same process either way, and it actually was. It was great working with them!
Max L. · DSCR purchase, out of stateUp to 80% LTV on the property's rent. No tax returns, no W-2s, no employment verification.
→ Pull equityUp to 75% LTV against rentals you already own. Fund the next deal with the last one.
→ Lower paymentPay interest only during the initial term. Less out of pocket each month, which lifts the ratio on a tight deal.
→ Airbnb & VRBONightly and seasonal rentals qualify. We underwrite short-term income where the program allows it.
→ Non-residentNo SSN and no US credit history required. DSCR qualification, 30–35% down.
→ Free toolCheck any deal's DSCR before you write the offer.
→Value, expected rent, state. That's the whole intake. Two minutes, no credit pull, and no conversation about what you earn.
Our price desk reviews the scenario against program eligibility and current pricing, then the account executive you picked sends the quote: rate, LTV, the ratio we're calculating, the monthly payment and your prepayment options, in writing. If the deal doesn't work at those numbers we'll tell you what would move it.
We order the appraisal with a 1007 market rent schedule, which is the document the ratio is actually built on. We do pull credit at this stage and verify reserves. We do not ask for tax returns, W-2s or a verification of employment.
Title goes into your entity, not your personal name, and we fund at the closing table rather than handing the file to a third party to decide where it sits in their queue.
A DSCR loan is qualified on the property, not on you. The lender takes the rent the property brings in and divides it by what the property costs to carry each month. If the result clears the threshold, the loan works, regardless of what your tax returns say.
The calculation
A property renting for $2,950 with a total monthly payment of $2,500 carries a DSCR of 1.18. The rent covers the payment with 18% to spare, which is comfortably inside our box.
Enter a purchase price and a rent estimate and see the ratio before you write an offer.
GuideWhat goes in the denominator, what lenders leave out, and the mistakes that sink a ratio.
GuideMinimum ratios, LTV limits and the rules that shift depending on where the property sits.
Tax and insurance estimates are modeled on Florida counties. For a property in another state, or for a ratio-based DSCR quote, price the scenario here →
I'm buying a in county, FL for , putting % down. My credit score is , and I plan to use it as an .
I have a mortgage balance of at % interest on my in county, FL worth . My credit score is , and I use it as an .
*Property tax and insurance are estimates based on Florida averages. Actual amounts may vary by location and property.
Most lenders draw the line at 1.0 to 1.25. We can go down to 0.75 when it's paired with a larger down payment, because the additional equity offsets the thinner coverage. At 1.00 and above you're in standard pricing. Below 0.75 the problem is usually the structure, not the lender, and we'll tell you which lever moves it: the down payment, an interest-only period or a different term.
Yes, and most of our borrowers do. We originate the loan directly in the name of your LLC or corporation, so title vests in the entity at closing. There's no buying in your personal name and quit-claiming it over afterward, which is the step that creates due-on-sale exposure and messy title history. You'll personally guarantee the loan, which is standard on business-purpose lending.
No tax returns, no W-2s, no pay stubs and no verification of employment. What we do need is the purchase contract or existing note, an appraisal with a 1007 market rent schedule, proof of reserves, entity documents if you're vesting in an LLC, and a credit report. We pull credit, so that part isn't skipped, but nothing we ask for describes your personal income.
Yes, on qualifying programs. Short-term rental income from Airbnb or VRBO can be used to qualify, so a vacation-market property doesn't have to be underwritten on a long-term lease it would never actually sign. Documentation requirements differ from a standard lease file, so tell us up front that it's a short-term rental.
Processing, underwriting and pricing are all in house, so your file isn't sitting in another company's queue waiting on a decision. We also run processing parallel to the appraisal instead of waiting for one to finish before starting the other. The timeline assumes complete documentation from day one, and the appraisal is usually the long pole.
Yes. DSCR loans are business-purpose loans on non-owner-occupied property, so they aren't bound by our consumer mortgage footprint. We write investor loans in all 50 states and the District of Columbia. Our owner-occupied conventional, FHA and jumbo lending is Florida only.
Yes. Our foreign national program qualifies on the same DSCR math with no SSN and no US credit history required, typically at 30–35% down. It's one of the more common reasons investors come to us rather than a bank.
No. The quote is based on the property's numbers and doesn't touch your credit. We only pull credit after you've signed an authorization, so nothing happens without your explicit OK. When we do run it, it's a single mortgage inquiry that typically moves a score by five points or less, and all mortgage inquiries within a 45-day window count as one if you're shopping.
Buying a home to live in? We also originate conventional, FHA, jumbo and super jumbo in Florida, plus bank statement, P&L and 1099, asset depletion and ITIN loans for borrowers who don't fit standard income documentation.
See our home loan programs →Response within one business day
→Refer DSCR business and track every file you've sent us in one place.
→ Price a scenarioTwo minutes, no credit pull. You'll see the ratio, the payment and how to structure it.
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