Back to DSCR Loans
DSCR Loans
Is there a minimum credit score requirement for a DSCR loan?
Yes, most lenders have minimum credit score requirements for DSCR loans, though they may be more flexible than conventional mortgages. A higher credit score can help you qualify for better loan terms and lower interest rates[5, 6].
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...