DSCR Loans in Los Angeles
A DSCR loan lets you buy or refinance a rental property using the rent the property earns. You do not have to show your personal income.
What Are DSCR Loans?
DSCR stands for Debt Service Coverage Ratio. In plain words, it asks one question: does the rent cover the loan payment?
If the rent is bigger than the monthly payment, the property “pays for itself” and the lender can say yes. That makes DSCR loans a favorite for investors who own many properties, or who write off a lot on their taxes.
The Funding Clinic is a broker. We shop your deal with our lending partners and help you pick a fit.
Who This Is For
- Investors buying a rental in Los Angeles or nearby
- Investors who want to refinance a rental and pull out cash
- Self-employed owners whose tax returns do not show their full income
- Anyone growing a portfolio of rentals
What You May Need
Every lender asks for something different. Here is a common list:
- A signed loan application with credit authorization
- Property details and the lease or expected rent
- Photo ID and entity papers (if you buy in an LLC)
- Proof of cash reserves
- A credit report and property management experience
Serving Los Angeles and Nearby Cities
We help investors in Los Angeles, Inglewood, Culver City, Beverly Hills, West Hollywood, Santa Monica, Glendale, Burbank, Pasadena, East Los Angeles, Hawthorne, Compton, and Alhambra. See all our Los Angeles loans or see all areas we serve.
Questions We Hear a Lot
Do you look at my tax returns for a DSCR loan?
DSCR loans are built around the property’s rent, not your personal income. Your lender will still check your credit and your cash reserves.
What credit score do I need?
For standard DSCR loans with the best pricing, a score of 620 or higher is needed. We can work with scores as low as 580 through partners who focus on equity-based lending, but those loans cost more in rate and fees.
Can I use a DSCR loan on a short-term rental?
Yes. We work with lending partners that offer DSCR loans on short-term rentals.
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.