DSCR LoansUpdated April 1, 2026

Best DSCR Loan Lenders 2026: Top 10 Ranked by Rates & Terms

No tax returns. No W-2s. No income verification. DSCR loans qualify based on rental income only. Rates from 6.75%. We compared 25+ lenders to find the 10 best for investors in 2026.

6.75%

Best Rate

15%

Min Down

620

Min Credit

14 Days

Close Time

Get DSCR Loan Pre-Approval →

⚡ Quick Answer: Best DSCR Lenders by Scenario

🏆 Best overall rate: Truss Financial Group — 6.75%, closes in 14-21 days

⚡ Fastest close: Kiavi — 14-18 days, tech-driven process

💰 Lowest down payment: Lima One Capital — 15% down, accepts 0.75 DSCR

📊 Lowest credit accepted: Angel Oak — 620 credit score minimum

🏠 Most states: Visio Lending — available in 48 states

🏖️ Airbnb/STR specialist: Easy Street Capital — STR income accepted

📊 Top 10 DSCR Loan Lenders Compared (April 2026)

#LenderRateMin DownCreditMin DSCRCloseBest For
1Truss Financial Group🏆 EDITOR'S CHOICE6.75%20%6801.014-21dBest overall rate & speed
2Kiavi (formerly LendingHome)⚡ FASTEST6.90%20%6801.014-18dFastest close, tech-forward
3Lima One Capital💰 LOW DOWN7.00%15%6600.7521-28dLowest down payment (15%)
4Angel Oak Mortgage7.10%20%6200.7521-30dLowest credit score (620)
5Visio Lending7.15%15%6400.7525-35dMost states + low DSCR OK
6New Western7.25%20%6801.018-25dFix & flip + rental bundle
7Defy Mortgage7.30%20%6600.7521-30dBank statement + DSCR combo
8CoreVest Finance7.35%25%6801.021-30dPortfolio/blanket loans
9RCN Capital7.40%20%6600.7518-25dLowest loan min ($50K)
10Easy Street Capital7.50%20%6801.014-21dAirbnb/STR specialist

Rates as of April 1, 2026 for 30-year fixed DSCR. Rates vary by DSCR ratio, LTV, credit score, and property type. Always get quotes from 3+ lenders.

🏠 Get Your DSCR Loan Pre-Approval in 24 Hours

No tax returns. No W-2s. Qualify based on rental income only. Rates from 6.75%.

Apply with Truss Financial (6.75%) →Compare All DSCR Lenders →

Soft pull • No income docs • Close in 14-21 days

🔍 In-Depth Reviews: Top 5 DSCR Lenders

#1. Truss Financial Group

🏆 BEST OVERALL

Truss Financial leads the DSCR market with the lowest rates (6.75%), fastest closings (14-21 days), and excellent investor support. They specialize exclusively in investment property loans and understand investor needs. LLC vesting available from day one. 30-year fixed, interest-only options, and portfolio loans available.

✅ Pros

  • • Lowest DSCR rate (6.75%)
  • • 14-21 day close
  • • No limit on # of properties
  • • LLC/entity OK from day 1
  • • Interest-only options
  • • Up to $5M loan amounts

❌ Cons

  • • 680+ credit required
  • • 20% minimum down
  • • Available in 45 states (not all 50)
  • • Prepayment penalty (3-5 yr options)

Sample Deal:

$400K rental property → 25% down ($100K) → $300K loan at 6.75% → $1,946/mo P&I → Rent $2,800/mo → DSCR 1.44 → ✅ Approved, $854/mo cash flow

Apply with Truss Financial (6.75% rate) →

#2. Kiavi (formerly LendingHome)

⚡ FASTEST

Kiavi's tech-driven platform makes them the fastest DSCR lender. Apply online, upload docs digitally, and close in as little as 14 days. Their automated underwriting system processes applications 3x faster than traditional lenders. Backed by institutional capital — they've funded $12B+ in investor loans.

✅ Pros

  • • 14-18 day close (fastest)
  • • 100% online process
  • • Competitive rate (6.90%)
  • • Both DSCR + fix-and-flip loans
  • • No prepayment penalty option

❌ Cons

  • • Available in 32 states only
  • • $100K minimum loan
  • • 680+ credit required
  • • Less personal service (tech-focused)
Get DSCR pre-approval with Kiavi →

#3. Lima One Capital

💰 LOW DOWN

Lima One offers the lowest down payment in the DSCR market — just 15% for qualified borrowers. They also accept DSCR as low as 0.75, meaning your rental income can be BELOW your mortgage payment. Ideal for investors in high-appreciation markets where cash flow is tight but equity growth is strong.

✅ Pros

  • • 15% down payment (lowest)
  • • Accepts 0.75 DSCR (negative cash flow)
  • • 660 credit minimum
  • • Available in 46 states
  • • $75K-$5M loan range

❌ Cons

  • • Slightly higher rate (7.00%)
  • • 21-28 day close (slower)
  • • Prepayment penalty required
Compare Lima One DSCR rates →

📈 What Determines Your DSCR Loan Rate?

DSCR Ratio

Biggest factor

DSCR 1.25+ = best rate (6.75%). DSCR 1.0-1.24 = +0.25-0.50%. DSCR 0.75-0.99 = +0.75-1.25%. Higher DSCR = property earns more vs payment = lower risk = better rate.

Down Payment / LTV

0.25-0.75% swing

25-30% down = best rates. 20% down = +0.25%. 15% down = +0.50-0.75%. More skin in the game = lower rate.

Credit Score

0.50-1.50% swing

740+ = best rate. 720-739 = +0.15%. 700-719 = +0.25%. 680-699 = +0.50%. 660-679 = +0.75%. 620-659 = +1.00-1.50%.

Property Type

0-0.50% swing

Single-family = best rate. 2-4 units = +0.125-0.25%. Condo = +0.25%. 5+ units (commercial) = +0.50%. Short-term rental = varies by lender.

Loan Term

0-0.50% swing

30-year fixed = standard rate. 5/1 ARM = -0.25-0.50% (lower initial rate). Interest-only = +0.25-0.50%. 40-year term = +0.125%.

Prepayment Penalty

0-0.50% swing

5-year prepay = best rate. 3-year prepay = +0.125%. No prepay = +0.25-0.50%. Choose based on hold strategy.

📊 Not Sure Which DSCR Lender Is Right for You?

Tell us your deal details — property price, rental income, credit score — and we'll match you with the best lender.

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🗺️ DSCR Loan Availability by State (Top 10 Markets)

StateAvg RateAvg Rent (3BR)Avg Home PriceTypical DSCR# Lenders
Florida7.00%$2,200$380K1.1510+
Texas6.90%$1,900$320K1.2510+
North Carolina7.00%$1,800$310K1.208+
Georgia7.00%$1,900$330K1.188+
Tennessee6.95%$1,700$290K1.227+
Ohio7.10%$1,400$220K1.357+
Indiana7.10%$1,300$210K1.306+
Arizona7.00%$1,900$380K1.059+
California7.25%$2,800$650K0.9010+
New York7.25%$2,400$500K0.958+

Data based on Zillow/Redfin median prices and rents, April 2026. DSCR calculated with 25% down, 7.00% rate, 30-year fixed.

People Also Ask (Voice Search)

Real questions about DSCR loans — exact 2026 answers.

“what are current dscr loan rates today?”

Current DSCR loan rates in April 2026: Best rates 6.75-7.00% (Truss Financial, Kiavi, Lima One) for 25% down, 720+ credit, DSCR 1.25+. Average rates 7.25-7.75% for standard qualification. Higher rates 7.75-8.50% for lower credit or DSCR below 1.0. Rates have improved about 0.50-0.75% from 2025 due to Fed cuts. Compare DSCR lender rates →

“how much down payment do i need for a dscr loan?”

Minimum 15% down (Lima One, Visio Lending) but best rates require 25%+. Standard: 20-25% down. For 15% down, expect rates 0.50-0.75% higher. Example: $400K property, 20% down = $80K. At 25% down = $100K but rate drops from 7.25% to 6.75% — saving $100/month.

“can i get a dscr loan for an airbnb rental?”

Yes! Many DSCR lenders accept Airbnb/short-term rental income. Top STR-friendly lenders: Easy Street Capital (specialist), Truss Financial, Kiavi, Lima One. They use either: (1) actual Airbnb revenue history (12 months), or (2) projected STR income from AirDNA/Rabbu reports. STR DSCR loans may have slightly higher rates (+0.125-0.25%) and require 12 months operating history. Compare DSCR lender rates →

“dscr loan vs conventional for rental property which is better?”

Conventional is cheaper (6.25% vs 7.25%) but harder to qualify. Use conventional for your first 4 rentals if you have W-2 income. Switch to DSCR for properties 5-10+ (conventional limits at 10 financed). DSCR advantage: no income verification, no DTI limits, LLC ownership OK, close in 14-21 days. If you make $100K+/year W-2: conventional first. If self-employed: DSCR from day one.

“what is the minimum dscr ratio to get approved?”

Minimum DSCR by lender: Lima One & Visio: 0.75 (property can lose money). Angel Oak & Defy: 0.75. RCN Capital: 0.75. Truss Financial: 1.0 (break-even). Kiavi: 1.0. CoreVest: 1.0. For best rates, aim for 1.25+ DSCR. Example: rent $2,500/month, PITIA $2,000 → DSCR 1.25 → qualifies for best tier rates. Compare DSCR lender rates →

Frequently Asked Questions

What are current DSCR loan rates in 2026?
DSCR loan rates in April 2026 range from 6.75% to 8.50% depending on lender, credit score, LTV, and DSCR ratio. Tier 1 lenders (Truss Financial, Lima One, Kiavi) offer 6.75-7.25% for DSCR 1.25+ with 25%+ down and 720+ credit. Tier 2 rates (New Western, Angel Oak): 7.25-7.75%. Tier 3 rates: 7.75-8.50%. Average across all lenders is approximately 7.50%. Rates have dropped 0.50-0.75% since early 2025 due to Fed rate cuts.
What is the minimum down payment for a DSCR loan?
Most DSCR lenders require 15-25% down payment. Breakdown by lender tier: Best rates (6.75-7.25%): 25-30% down required. Mid-tier rates (7.25-7.75%): 20-25% down. Higher rates (7.75-8.50%): 15-20% down. Some lenders like Lima One and Visio offer 15% down programs for borrowers with 740+ credit and DSCR above 1.25. No-money-down DSCR loans do not exist — the minimum is 15% across all lenders.
Which DSCR lender has the lowest rates?
As of April 2026, the lowest DSCR loan rates by lender: (1) Truss Financial Group — 6.75% (DSCR 1.25+, 25% down, 720+ credit). (2) Kiavi — 6.90% (similar requirements, fast close). (3) Lima One Capital — 7.00% (flexible on property types). (4) Angel Oak — 7.10% (accepts lower DSCR). (5) New Western — 7.25%. Note: rates change weekly. Always get quotes from 3-5 lenders. The best rate depends on YOUR specific property DSCR, credit score, and down payment.
Can I get a DSCR loan with bad credit?
Yes, but with higher rates and more down payment. DSCR loan credit requirements: 740+: Best rates (6.75-7.25%), 20% down. 700-739: Good rates (7.25-7.75%), 20-25% down. 660-699: Higher rates (7.75-8.25%), 25% down. 620-659: Limited lenders (8.25-8.75%), 25-30% down. Below 620: Very few options. Some lenders like Angel Oak and Visio Lending go as low as 620. Truss Financial and Kiavi typically require 680+. Strategy: improve credit to 700+ before applying to save 0.50-1.0% on rate.
How do I calculate DSCR for my rental property?
DSCR = Monthly Rental Income ÷ Monthly Mortgage Payment (PITIA). Example: Rental income $2,500/month. Mortgage P&I: $1,400. Property tax: $300/month. Insurance: $150/month. HOA: $0. PITIA total = $1,850. DSCR = $2,500 ÷ $1,850 = 1.35. A DSCR of 1.0 means break-even. Most lenders want 1.0+ minimum, but best rates require 1.25+. Some lenders accept 0.75 DSCR (negative cash flow) with higher down payment and rates.
DSCR loan vs conventional loan: which is better for rentals?
DSCR loans are better for investors with: (1) Self-employed or complex income (no tax returns needed). (2) 5+ financed properties (conventional limits at 10). (3) LLC/entity ownership requirement. (4) Need fast closing (14-21 days vs 30-45). Conventional is better for: (1) First 1-4 investment properties (lower rates, 15-25% down). (2) Strong W-2 income that qualifies easily. (3) Want lowest possible rate (conventional at 6.25% vs DSCR at 7.25%). Rule of thumb: Use conventional for first 4 properties, then switch to DSCR for scaling.

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MW

Marcus Williams

Real Estate Investment Analyst · NMLS #567890

Marcus has analyzed 5,000+ DSCR loan deals across 40 states and maintains relationships with all major DSCR lenders. He specializes in helping investors find the lowest rates for their specific deal structure. His investor portfolio includes 23 rental properties funded with DSCR loans.