DSCR Loan Calculator

A DSCR loan is a mortgage that qualifies you on the rental property's cash flow rather than your personal income. Lenders compare the rent to the loan payment, so foreign nationals and self-employed investors can qualify without U.S. tax returns or pay stubs.

It starts from today's 5-year U.S. Treasury, which is the benchmark that fixed DSCR loan rates are priced from, then adds a spread that reflects your borrower profile, your loan-to-value, and the property's DSCR. Because the Treasury figure updates regularly, the estimate tracks the current market rather than a stale number.

No. It is a guidance estimate based on current market pricing, meant to get you within a fraction of a point so you can plan. Your exact rate comes from a lender once they see the full picture, including the property, the appraisal, your reserves, and the loan size. To get your exact rate and terms, book a call.

Yes. Because qualification is based on the property's rent rather than personal income, foreign nationals can typically borrow up to around 75% of the value with no U.S. credit score, Social Security number, or tax returns required.

No. A DSCR loan is underwritten on the property's rental income rather than your personal finances, so you do not need a U.S. credit score or a Social Security number to qualify. Lenders typically verify your identity and reserves with your passport and bank statements, and some may ask for a credit reference from your home country.

It can. A strong U.S. credit score may lower your rate, which is why the calculator lets you add one. A weak score, though, will not raise it, because a foreign national can always apply under the no-credit program, so the estimate never prices a low score worse than having no U.S. credit at all.

DSCR is the gross monthly rent divided by the full monthly payment, known as PITIA: principal, interest, taxes, insurance, and HOA dues. A ratio of 1.0 means the rent exactly covers the payment. Most programs look for a DSCR between 1.0 and 1.25, and some allow a little below that with a larger down payment or cash reserves.

Most foreign national DSCR loans require around 25% to 30% down, so you borrow roughly 70% to 75% of the value. A larger down payment lowers the loan amount, which raises the DSCR and can bring the interest rate down. You can model different down payments with the calculator above.

DSCR loan rates usually run higher than a comparable owner-occupied mortgage, often in the region of 1 to 2 percentage points above, because they are investment property loans qualified on the rent rather than your income. Your rate moves with the property's DSCR, your down payment or loan-to-value, your credit profile, and whether you accept a prepayment penalty or pay points up front. A stronger DSCR and a larger down payment both bring it down.

PITIA is the full monthly housing payment: principal, interest, taxes, insurance, and HOA dues. The monthly cash flow shown by the calculator is simply the rent minus PITIA. It does not include property management, repairs, vacancy, or reserves, so set aside a budget for those when you weigh a deal.

Many do, for the first few years, often on a step-down schedule such as 5% in year one easing to 1% by year five. You can usually reduce or remove the penalty in exchange for a slightly higher rate, so it is worth deciding early whether you plan to hold or sell.

Yes, and most foreign investors do. DSCR lenders generally allow, and often prefer, the property to be held in a U.S. LLC, which provides liability protection and keeps the investment separate from your personal name. Setting up the LLC and business banking is a standard part of buying remotely and is included in the purchase support we provide.

Use the calculator for a close estimate, then book a call. We will look at your situation and the property and come back with the exact rate and terms you would get from the right lender for your deal, with no obligation.