DSCR Rental Loans
We offer 30 Year Rental Loans based on Debt Service Coverage Ratio (DSCR) for purchases and refinances. The perfect loan for buy and hold investors.
Program Highlights
No Personal Income
Down to 620 FICO
No Prepayment Options
Up to 80% LTV
Single Family (1-4)
No Tax Returns Required
Multifamily (5+)
Up to 30 Year Term
What is Debt Service Coverage Ratio?
Debt Service Coverage Ratio (DSCR) is a measure of the properties ability to pay off debt through the use of cashflow. By leveraging market rental rates Happy Capital provides loans to investors to support their long term rentals, short term vacation rentals, multifamily rentals, and SFR portfolios.
Single Family DSCR = Qualifying Monthly Rent / PITIA
Multifamily DSCR = Qualifying Monthly Rent / Total Expenses