Income types

DSCR loans for 1 to 4 unit rentals.

Investors financing a rental on the property’s income, with no employment or tax returns on the application.
Programs and matricesGuidelines PDF(opens in a new tab)Get pricing

8 cakes take DSCR, 1 to 4 units.

Every cake with a published matrix for this income type, largest loan first. Open one for its limits and matrix.

What the file needs.

Gross rent divided by the qualifying payment: PITIA, or ITIA on interest-only. Rent is the higher of the lease or the 1007/1025 market rent when they are within 20%.

  • A lease, or market rent on Form 1007/1025 from the appraiser
  • Short-term rentals qualify on 12 months of platform or bank statements, or an AirDNA report on purchases
  • A business purpose and occupancy affidavit
  • Experienced investors show a year of property management history; first-time investors are eligible
  • No-ratio DSCR is available on some cakes; the matrix sets the limits

From the DSCR guidelines, version 5.0, section 2, 3.1 to 3.8. The guidelines and matrix govern every file.

Read the guidelines (PDF, opens in a new tab)

Check a scenario.

Enter your credit score, LTV or CLTV, and loan amount to find programs to review. Confirm your exact combination in the matrix.

Income or loan type

8 programs to review

These programs meet separate published ranges. Score, LTV and loan amount limits may not apply together. Check the matrix for your exact combination, purpose and property.

  • Coffee Cake640+ · 80% LTV · $3.5MOpen matrix PDF
  • Cup Cake620+ · 85% LTV · $3MOpen matrix PDF
  • Bundt Cake640+ · 85% LTV · $3MOpen matrix PDF
  • Pound Cake660+ · 85% LTV · $3MOpen matrix PDF
  • Sponge Cake620+ · 80% LTV · $3MOpen matrix PDF
  • Velvet Cake660+ · 80% LTV · $3MOpen matrix PDF
  • Cheese Cake680+ · 80% LTV · $3MOpen matrix PDF
  • Funnel Cake640+ · 80% LTV · $2.5MOpen matrix PDF
Price it with an AEDSCR, 1 to 4 units: every cake

Confirm eligibility with the matrix and guidelines before quoting or submitting a file.

Other ways to document income

Have one of these files?

Talk it through with an account executive at (833) 717-0401 before you submit, or apply to become a partner and submit in TPO Connect.

Become a partner(833) 717-0401

Already approved? Broker login (opens in a new tab)