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Qualification guide

Do you qualify for a OneDSCR loan?

DSCR loans qualify the property, not your paycheck. If the rent reasonably covers the payment, your credit clears, and you have reserves, you can qualify — no tax returns, no W‑2s, no debt‑to‑income. Here's exactly what OneDSCR looks for.

$75K–$3M
Loan amounts
650
Minimum FICO
46 states
Lending footprint
Up to 80%
Purchase LTV
See my loan options See the requirements

At a glance

The OneDSCR box.

Loan amount$75,000–$3,000,000
Minimum credit score650
Max LTV (purchase)Up to 80%
Max LTV (cash-out)Up to 75%
Target DSCR1.00+
Units1–8
OwnershipIndividual or LLC
Income docsNone required

The requirements

Six things that actually decide it.

Credit, down payment, reserves, the property's DSCR, the appraisal, and how you hold title do all the work. Think of them as levers — a weakness in one can often be offset by strength in another.

Credit score
650+
Minimum qualifying FICO.
Down payment
20–25%
Of purchase price, typical.
Cash reserves
Several months
Of PITIA, held after closing.
DSCR ratio
1.00+
Rent vs. payment, typical target.
Appraisal
Required
Includes a market-rent opinion.
Occupancy
Non-owner
Investment property only.

Reading the requirements

These flex against each other.

  • A lower DSCR can often be offset with a larger down payment or higher reserves.
  • A stronger credit score generally unlocks better pricing and, on some programs, higher leverage.
  • Reserve requirements typically scale with loan size and your total number of financed properties.
  • Qualification generally centers on the property rather than personal tax returns or a debt-to-income calculation, though specific requirements vary by program.

Credit

650 gets you in the door.

OneDSCR's minimum qualifying FICO is 650. Your score doesn't just decide yes or no — it moves your pricing and, on some programs, how much leverage you can access.

How credit tiers tend to work

740+Best pricing and typically access to the highest leverage tiers.
700–739Strong file — competitive rates on most programs.
680–699Qualifies comfortably; pricing steps up modestly.
650–679Meets the floor; expect slightly higher rates or a bit more down.
Below 650Under the minimum — reach out to talk through options.

The mid-score across your pulled bureaus is generally what's used. A higher score is one of the cleanest ways to improve both rate and leverage without changing the deal itself.

Loan amount & leverage

From $75K to $3M.

Loan amounts run $75,000 to $3,000,000 on 1–8 unit investment properties. How much you can borrow against value depends on your loan purpose.

$75K–$3M
Loan amounts, 1–8 unit properties
Up to 80%
Max LTV on a purchase
Up to 75%
Max LTV on a cash-out refinance
  • Purchase 20–25% down (75–80% LTV)
  • Rate & term refi Up to 80% LTV
  • Cash-out refi Up to 75% LTV
  • Loan terms 30-year fixed and ARM
  • Interest-only Available on select programs
  • Multiple properties Financing available, subject to program guidelines

A stronger DSCR, higher credit score, or lower leverage can each move terms in your favor. A weaker DSCR may be offset by additional equity, stronger reserves, or other compensating factors, depending on the program.

Where we lend

Lending in 46 states.

OneDSCR lends on investment properties nationwide with just four exceptions. If your property is in one of the states below, you're in our footprint.

Our most active investor markets

These are the states where OneDSCR sees the most investor volume — deep comps, familiar rent data, and a smooth path to close.

California
Colorado
Texas
Utah
Georgia
Florida
Illinois

All states we lend in

Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Utah
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Not currently lending in

Nevada
North Dakota
South Dakota
Vermont

State availability can change. If you don't see your state or you're not sure, ask an advisor before you write an offer.

Property & occupancy

What kind of property qualifies.

Any non-owner-occupied, income-producing 1–8 unit property. You can't live in it — DSCR loans are for investment property only.

Eligible property types

Single-family (SFR)Condo & townhome2–8 unit multifamilyLong-term rentalShort-term rental*New construction*

*Ask your OneDSCR advisor which markets and property types currently qualify.

What underwriting confirms

The property is non-owner-occupied and held as an investment
Rent is supported by a signed lease or the appraiser's market-rent opinion (Form 1007)
Title is vested to you individually or to a properly formed LLC in good standing
The DSCR clears the program floor at the appraised rent, not just your estimate

What you'll need

A short document list.

Because there's no personal-income underwriting, the file is light. Here's the core of it.

Government-issued IDTo verify identity for the loan application.
Purchase contract or current mortgage statementDepending on whether you're buying or refinancing.
Proof of down payment & reservesRecent bank or investment statements.
Rent supportA signed lease, or the appraiser's market-rent opinion on a purchase.
Entity documents, if applicableArticles of organization and operating agreement for LLC vesting.

Notably absent: tax returns, W-2s, and pay stubs. OneDSCR also accepts gift funds toward the down payment — just not the full amount.

Frequently asked

Qualification questions, answered.

If you don't see yours here, an advisor can answer it directly — no credit pull to start.

650 is the minimum qualifying FICO. Higher scores generally unlock better pricing and, on some programs, higher leverage.
OneDSCR loans range from $75,000 to $3,000,000 on 1–8 unit investment properties. Purchases go up to 80% LTV; cash-out refinances up to 75%.
We lend in 46 states — every state except Nevada, North Dakota, South Dakota, and Vermont. State availability can change, so confirm yours before writing an offer.
No. DSCR programs are built without personal income documentation. Qualification is based on the property's rent, the appraisal, your credit, and your reserves.
Most programs target 1.00 or higher, meaning rent covers the full payment. Some allow lower ratios in exchange for a larger down payment, higher reserves, or stronger credit.
Most purchases run 20–25% down (75–80% LTV). A stronger DSCR or higher credit score can reduce that on some programs; a weaker DSCR may call for more equity or reserves, depending on the program.
Usually. Lenders often want several months of the property's PITIA held in reserve after closing. The exact requirement depends on the program, loan size, and your profile.
Yes. OneDSCR commonly allows closing in an LLC or other entity — we'll confirm formation and vesting requirements with you before closing.
Many DSCR programs allow financing across multiple properties, often with fewer restrictions than conventional financing. Aggregate exposure and loan-count guidelines vary by program, and each property is underwritten on its own cash flow.

Ready when you are

See if your deal qualifies.

Get a real read on your scenario — no tax returns, no W-2s, and no credit pull to start.

Submit your deal