DSCR & No-Ratio Investor Loans

Flexible Financing for Real Estate Investors

Pac Prime Mortgage offers standard DSCR loans, lower-DSCR options, and no-ratio investor loans for qualifying investment properties.

These programs may allow investors to qualify based primarily on the property rather than personal income. Financing may be available for purchases, refinances, and cash-out refinances.

Investor Loan Options

Standard DSCR Loans

Qualify using the property’s rental income and its ability to cover the proposed mortgage payment.

Lower-DSCR Options

Financing may be available when the property’s rental income falls below standard DSCR requirements.

No-Ratio Investor Loans

For qualifying scenarios, no-ratio programs may be available without requiring the property to meet a minimum DSCR.

Key Benefits

• No personal-income qualification
• No W-2 or traditional employment-income calculation
• Purchase, refinance, and cash-out options
• LLC vesting may be permitted
• Financing for qualifying rental properties
• Options for new and experienced investors
• Long-term and short-term rental possibilities
• Standard, lower-DSCR, and no-ratio programs

Program availability and requirements vary.

DSCR Loan Frequently Asked Questions

What is a DSCR loan?

A Debt Service Coverage Ratio loan evaluates an investment property using its qualifying rental income compared with its monthly housing expense.

What if my property has a low DSCR?

Pac Prime Mortgage offers lower-DSCR options for qualifying scenarios.

What if the property does not meet a minimum ratio?

A no-ratio investor loan may be available based on factors such as credit, equity, reserves, property type, and the overall loan scenario.

Can I purchase or refinance an investment property?

Yes. Eligible programs may be used for purchases, rate-and-term refinances, and cash-out refinances.

Can I close in an LLC?

LLC vesting may be permitted under certain programs. Additional documentation and a personal guarantee may be required.

Let’s Review Your Scenario

Whether you need a standard DSCR loan, a lower-DSCR option, or no-ratio investor financing, Pac Prime Mortgage can help you explore the possibilities.