Qualify on rent, not on your tax return
Most investors outgrow conventional underwriting fast. Every new rental adds a mortgage to your debt ratio, and every business deduction that lowers your taxes also lowers the income a bank will count. Our rental income programs avoid both problems. There is no personal income verification and no debt ratio limit. The loan is approved on the rental value of the property, and the property does not need an existing lease because the appraisal establishes market rent.
Lenders call this a debt service coverage ratio, or DSCR, loan. The question it asks is simple: does the rent cover the payment?
Planning a portfolio, not just a purchase
Some lenders cap how many financed properties you can carry. Others raise reserve requirements with every loan. The property you buy this year can quietly block the one you want next year. We plan ahead with you, mapping which lender and program fits each acquisition so you keep the door open for the next deal. When you reach several properties, a blanket loan can consolidate up to seven of them into one loan and one payment.
House hacking: the low down payment way to start
If you are buying your first rental, consider living in it. A two to four unit property where you occupy one unit can qualify for an owner-occupied loan such as FHA with a much lower down payment, and the rent from the other units helps you qualify. After you move out, the building becomes a full rental and you have your start.
Run the numbers before you buy
A good deal on paper has to survive real expenses, including taxes, insurance, vacancy, repairs and management. We help you model the payment against realistic rent so the property makes sense before you make an offer. Our mortgage calculator is a fast first check.
Investment property guidelines
- 660 minimum credit score, 680 for bridge loans
- Up to 80% financing on purchase and refinance
- Reserves of 3 months of payments for bridge, 6 months for blanket
- No personal income verification on rental income programs
- No existing lease required
- Seller concessions up to 6% toward closing costs
Investment program terms are set by lenders and can change. We confirm current terms on every scenario.
