Back to DSCR Loans
DSCR Loans
Can I use a DSCR loan to purchase a primary residence?
No, DSCR loans are specifically designed for investment properties and cannot be used to purchase a primary residence[9].
Ready to Get Started?
Now that you understand more about hard money lending, take the next step and get personalized financing terms for your investment.
Related Questions
What is a DSCR loan?
A DSCR loan, or Debt Service Coverage Ratio loan, is a type of mortgage designed for real estate investors. Unlike tradi...
How is the DSCR calculated?
The DSCR is calculated by dividing the property's net operating income (NOI) by its annual debt service (total principal...
What is a good DSCR ratio?
Lenders typically prefer a DSCR of 1.25 or higher, indicating the property generates 25% more income than needed for deb...