The property qualifies. Not you.
DSCR financing for serious investors. Qualify on rental income — not W-2s. Up to 80% LTV, rates from the high 6s, close in 21 days. Built for portfolio scale.
Soft pull only. 2-minute scenario review. No tax returns. No P&Ls.
Trusted by investors building portfolios in 50 states
Underwriting that respects how investors actually operate.
If the property's gross rent covers principal, interest, taxes, and insurance — you qualify. No DTI calculations. No write-off penalties. No explanation letters about why your Schedule E shows a loss when the asset is performing.
No-ratio options available down to 0.75 for strong reserves and credit profiles.
Purchase and rate/term. Cash-out to 75% LTV with seasoning flexibility.
From $100K up to $3.5M per property. Portfolio structures above on request.
Standard purchase timeline. 14-day close achievable on clean files.
SFR · 2-4 Units · Condos
Long-term rentals, mid-term furnished, and short-term/STR vacation rentals all qualify. AirDNA income accepted on STR.
LLC / Entity Vesting
Close in your LLC, LP, or trust. Standard for investors protecting personal liability and building lender relationships at scale.
No Cap on Properties
Conventional caps you at 10 financed properties. DSCR doesn't. Build a 30, 50, 100-door portfolio without hitting a Fannie wall.
Does this deal pencil?
Plug in purchase price, rent, taxes, and insurance. See your DSCR ratio, max loan amount, and estimated rate before you tie up earnest money.
Scotsman Guide #1 Originator — 6 years running
Shant Banosian
President, Rate · NMLS# 7206
After 20 years in the business and over $10 billion funded, I've structured financing for thousands of investors — from someone closing their first rental to operators managing 200+ door portfolios.
DSCR isn't a side product here. It's a core competency. My team knows the underwriting, the rate sheets, and the exceptions that get scaled investors approved when generalists say no.
How DSCR financing works.
DSCR explained — what investors actually need to know
Shant Banosian · Rate
From scenario to keys in 21 days.
No tax returns. No employment verification. No back-and-forth on K-1s. The underwriting path is engineered for speed because deals don't wait for conventional timelines.
Scenario review
Send the property address, expected rent, purchase price, and credit range. You get pricing and structure within 2 hours.
Term sheet & lock
Issue term sheet, lock the rate, and order appraisal. Soft credit pull only — no impact to your score until you proceed.
Underwriting
Appraisal with 1007 rent schedule, title work, and entity docs. Property qualifies on rent — your file moves while the appraiser works.
Close & fund
Sign at title in your LLC. Wire goes out the same day. You hold the keys. Move on to scouting the next deal.
Built portfolios. Real numbers.
"Closed three SFR rentals with Shant's team in under 60 days — all in my LLC, all DSCR. My tax returns show heavy depreciation and conventional lenders wouldn't touch me. Rate solved a real problem."
"I hit the Fannie 10-property cap two years ago and was stuck. Shant structured a DSCR product that let me keep buying. Up to 23 doors now. The rates aren't conventional, but the cash flow works."
"STR financing in the Smokies. AirDNA-projected income, 75% LTV, closed in 19 days. The team understood short-term rental underwriting — most lenders look at me like I'm speaking another language."
Have a deal under contract?
Send the address and target close date. I'll come back within 2 hours with pricing, structure, and a clean term sheet you can take to the seller.
2-hour response · Soft credit pull only · No tax returns required
Investor questions, answered.
How is DSCR calculated for qualifying?
Gross monthly rent divided by PITIA (principal, interest, taxes, insurance, association dues). A 1.00 ratio means rent equals the payment. We accept lease agreements, 1007 appraisal rent schedules, and AirDNA reports for STR. No-ratio loans available for investors with strong reserves who want flexibility on lower-yield assets.
What rates and points should I expect?
DSCR rates currently price in the high 6% to low 8% range depending on FICO, LTV, DSCR ratio, and prepayment penalty structure. Higher DSCR ratios, lower LTVs, and 3-5 year prepay structures earn better pricing. Send your scenario and I'll send live pricing tied to your exact profile, not a rate sheet headline.
Can I close in my LLC?
Yes — and it's standard. Single-member LLCs, multi-member LLCs, LPs, and revocable trusts all vest cleanly. You'll personally guarantee the note, but title and the asset itself sit inside the entity for liability separation. We handle the entity docs in underwriting; you'll need an operating agreement and EIN.
Is there a limit on financed properties?
No cap. Conventional Fannie/Freddie financing caps you at 10 financed properties total. DSCR has no property count limit — each loan stands on its own underwriting, qualified by the property's income. This is the primary reason scaled investors move from conventional to DSCR around property 6-8.
Do you finance short-term rentals (STR)?
Yes. We use AirDNA market projections or your 12-month operating history (whichever is higher) to qualify the asset. LTV typically caps at 75% on STR vs. 80% on long-term rentals. Markets with STR regulation risk (NYC, parts of CA) may price differently — I'll flag that on the term sheet.
What's the prepayment penalty structure?
Standard structures are 5/4/3/2/1 (5-year stepdown), 3-year flat, or buy-out options at higher rates. Longer prepay = better rate. If you're a BRRRR investor planning to refi in 12-18 months, we'll structure to your timeline so the penalty doesn't eat your exit.
Run your next deal through real DSCR pricing.
Send the property, the projected rent, and your target close date. You'll get a term sheet you can use to make a credible offer — not a generic pre-approval that means nothing to a serious seller.
