Yes, you can get a DSCR loan on a condo. The lender just reads two files instead of one.
Quick answer: A DSCR loan on a condo is a rental loan judged on the unit's rent, not your pay stubs. DSCR is short for debt service coverage ratio. The lender divides the monthly rent by the full monthly cost of owning the unit, and that cost includes the homeowners association dues.
What makes a condo different is the second file. Underwriting is the lender's review of a loan before it approves it, and on a condo the lender also underwrites the building: its budget, its reserves, its lawsuits, and whether it runs like a hotel. In Las Vegas, that second file is where Strip high-rises and Henderson garden condos part ways.
A house is judged on its own. A condo is judged with its neighbors. When you buy a condo, you buy a share of the whole building, and the building's problems become your loan's problems.
So a DSCR lender asks two questions. Does the rent cover the unit's cost, dues included? And is the building one the lender is willing to lend in at all? This guide works through both, with a worked example for a Henderson garden condo and one for a Strip-corridor high-rise, and it ends with the cases where a DSCR loan is the wrong tool.
Key takeaways
- Dues sit under the rent. The ratio is rent divided by principal, interest, taxes, insurance and association dues. Every dollar of dues lowers the ratio, and high-rise dues can push a unit below 1.00 on their own.
- Warrantable is a Fannie Mae and Freddie Mac word. It means the building passes their project rules. DSCR lenders do not sell to Fannie Mae, so they write their own condo rules, and many will lend in a building Fannie Mae would not.
- Hotel-style buildings are the common exclusion. Front desks, nightly rentals, daily cleaning and a hotel name are the marks Fannie Mae uses, and most DSCR lenders borrow that list.
- Nevada hands you the building's file. Under NRS 116.4109 the seller must give you a resale package with the budget, a reserve summary, the pending lawsuits and the fees, and you can cancel for five days after you get it.
- The rent comes from the appraiser, not the listing. Most files use the market rent on Form 1007, the comparable rent schedule, or the signed lease. A nightly-rental projection is not a rent either form recognizes.
Can you get a DSCR loan on a condo in Las Vegas?
Yes. A DSCR loan is a loan on a rental property that qualifies on the property's rent instead of your personal income. A condo qualifies the same way a house does, as long as the building itself passes the lender's review.
The lender does not pull your tax returns to prove income. It compares what the unit earns with what the unit costs to carry each month. The gap between the two is the approval. For the whole process, start to finish, see how a DSCR loan works in Las Vegas.
Because you will not live in the unit, the loan counts as business credit rather than a consumer mortgage. Regulation Z, the federal truth-in-lending rule, exempts an extension of credit primarily for a business, commercial or agricultural purpose at 12 CFR 1026.3(a)(1). That is why DSCR programs can skip the income rules a home loan must follow.
What a condo adds to the file
A condo is a unit inside a building or a complex that an association owns and runs. You own your unit and a share of everything else, and you pay dues for the shared parts. That share is the reason a lender reads the building.
If the association is broke, sued, or run like a hotel, the value of your unit and the rent it can earn both depend on facts you do not control. So the lender asks for the association's paperwork on top of the unit's appraisal. The rest of this guide is about what it asks for and why.
Licensing, stated plainly. Valley West Mortgage holds NMLS #65506 and is licensed to lend in Nevada. You can check every state license we hold on one page. Program terms here are described in general terms, because DSCR programs are not government programs and each one sets its own rules.
What do warrantable and non-warrantable mean in plain words?
Warrantable means the building passes the project rules Fannie Mae and Freddie Mac publish. Those two companies buy most ordinary home loans, and a loan they will buy is called conforming. A condo they will accept is warrantable. A condo they will not accept is non-warrantable.
That is the whole meaning. It is a label from the conforming world, and it says nothing about whether the building is a good place to own. It says a loan in that building can or cannot be sold to those two buyers.
Why the label matters less on a DSCR loan than on a home loan
A DSCR loan is not a conforming loan. It is not sold to Fannie Mae or Freddie Mac, so their project rules do not bind it. Each DSCR lender writes its own condo rules, which lenders call overlays, meaning extra conditions the lender adds on top of the basic program.
Many DSCR programs will lend in a non-warrantable building. They usually do it with limits: a smaller loan against the value, more cash reserves, or a shorter list of buildings they will accept. Those limits differ from one program to the next, and no single published rule covers them.
So the useful question for a condo investor is not whether the building is warrantable. It is which parts of the Fannie Mae list the DSCR lender has copied into its own rules, and which parts it has relaxed. The next two sections walk through that list.
Where the reference rules live
Fannie Mae's rules sit in its Selling Guide, chapter B4-2, Project Standards. The section on ineligible projects, B4-2.1-03, was last updated August 5, 2026. Freddie Mac keeps its own set of project rules in its Seller/Servicer Guide. A lender that says a building is non-warrantable is pointing at one of those lists, and you are allowed to ask which line.
Why are condotels and short-term-rental buildings so often excluded?
Because a building that runs like a hotel is not a residential condo in the lender's eyes, and its units do not sell or rent like homes. A condotel is a condo building that also operates as a hotel, with individually owned units placed in a rental program.
Fannie Mae will not accept a project that is operated or managed as a hotel, motel or similar commercial entity, and most DSCR lenders adopt the same line.
The marks lenders look for
Fannie Mae's ineligible-projects section lists the signs. A project is treated as a hotel if it meets one or more of them:
- the association is licensed as a hotel, motel, resort or hospitality business,
- the legal documents require owners to share rental profits with the association, a management company or a hotel rental company,
- the building is mainly transient, meaning people stay for days rather than months,
- it offers hotel-type services such as a registration desk, nightly or short-term rentals, daily cleaning, a central telephone system or central key system, or limits on how owners decorate,
- the legal documents require owners to place the unit in a rental pool,
- it is a converted hotel that was not gutted and rebuilt as ordinary condos,
- it is managed by a hotel or resort company that also arranges short-term rentals for owners,
- its legal or common name contains hotel, motel or resort, unless that is only a historical reference, or
- it is marketed as a hotel, a resort or an investment opportunity, or carries a hotel rating on a booking site.
Short-term-rental buildings trip several of those at once. Nightly rentals, daily cleaning and a front desk are three of the marks in one sentence. That is why a building full of nightly rentals is treated like a condotel even if nobody calls it one.
The Las Vegas version of the problem
The Strip corridor is where this shows up most. Several of the high-rises along and near Las Vegas Boulevard were built with hotel programs, front desks and resort branding.
Some have units that owners live in year round and units in a rental pool in the same tower. A lender looks at how the building as a whole operates, not at how you plan to use your one unit.
Short-term rentals are also regulated at the local level in the Las Vegas valley, and a lender that allows nightly rentals will usually ask whether the building and the unit can lawfully run one. If the answer is no, the file is underwritten on a long-term rent anyway, and a nightly-rate projection never enters it.
The sentence worth remembering. A DSCR lender does not care what your unit could earn by the night. It cares what the building is, and a building that runs like a hotel is a hotel to the lender, no matter what your listing says.
What does the lender ask the association for?
A set of documents that describe the building's money, its rules and its risks. Lenders collect them with a form called a condo questionnaire, which the association or its management company fills out for a fee.
The items below are the ones that decide the file, with the Fannie Mae reference figure beside each so you know where the lender's number comes from.
| Item | Why it matters | Reference figure |
|---|---|---|
| Operating budget | Shows whether dues cover the real cost of running the building, or whether a dues increase is coming. | The budget must be adequate for the type of project. |
| Reserve funding | Reserves are money set aside for big repairs such as roofs, elevators and paving. Thin reserves mean special assessments later. | At least 10 percent of the budget goes to reserves, or a reserve study shows the fund is adequate. |
| Delinquent owners | Owners who stop paying dues shift the cost onto everyone else, and the association's lien can matter to the lender. | No more than 15 percent of units 60 days or more behind on dues. |
| Litigation | A lawsuit about the building's safety, structure or habitability can cost more than the reserves hold. | Pending litigation on safety, structural soundness, habitability or functional use makes a project ineligible. |
| Owner mix | How many units are owner-occupied, second homes or rentals. A building that is mostly rentals behaves more like an apartment complex. | Reported on the questionnaire; the lender sets its own limit. |
| Single-entity concentration | One owner holding a large share of the units can control the board and the budget. | No single entity owns more than 20 percent of units in a project of 21 units or more. |
| Commercial space | Shops, restaurants or a hotel inside the building change how the project is used and insured. | No more than 35 percent of the project or building is commercial or mixed-use space. |
| Insurance | The master policy must cover the structure; your own policy covers the inside of the unit and your liability. | The lender verifies the master policy against its own insurance chapter. |
Fannie Mae also counts a project as established when at least 90 percent of the units have been sold to buyers, with a narrow exception for rentals the developer holds back. A brand-new tower that is still mostly developer-owned is judged under a stricter set of rules, and DSCR programs are often cautious with new projects for the same reason.
Nevada already gives you most of this file
Nevada's common-interest community law, chapter 116 of the Nevada Revised Statutes, requires the seller of a condo to hand the buyer a resale package. Under NRS 116.4109, that package must contain:
- the declaration, the bylaws and the rules,
- a statement of the monthly dues and anything the seller owes,
- the current operating budget and year-to-date financial statement, with a summary of the reserves,
- a statement of any unsatisfied judgments or pending legal actions against the association,
- every transfer or resale fee, and a description of all current and expected fees for the unit, and
- proof of the insurance the association is required to carry.
The association has 10 calendar days to give the seller those documents after a written request. And you, the buyer, can cancel the purchase contract by written notice until midnight of the fifth calendar day after you receive the package, without penalty. That five-day window is your chance to read the same file the lender will read.
Two Nevada rules that explain the lender's questions
The reserve summary in that package comes from a study Nevada requires. Under NRS 116.31152, the board must have a reserve study done at least once every five years, by a person who holds a state permit for that work.
The board must review it every year and adjust the funding plan. So when a lender asks for the reserve study, it is asking for a document the association is already required to keep.
The delinquency question has a Nevada twist too. Under NRS 116.3116, the association has a lien on a unit for unpaid dues. Part of that lien comes ahead of the first mortgage: up to nine months of regular assessments plus certain collection costs, and never less than six months when federal rules apply.
In plain words, unpaid dues can sit in front of the lender's own claim on the unit. That is why the share of owners behind on dues gets read so closely.
How do association dues push the ratio under 1.00?
Because dues are part of the monthly cost the rent is divided by. Lenders call that cost PITIA, which is short for principal, interest, taxes, insurance and association dues. A ratio of 1.00 means the rent covers the cost exactly. Above 1.00 there is room to spare. Below 1.00 the unit does not pay its own way.
On a house, the last letter of PITIA is usually zero or small. On a condo it can be the second-largest number on the page. You can test your own rent and dues in the DSCR calculator. The example below shows every step by hand.
A Henderson garden condo and a Strip-corridor high-rise, worked side by side
The two units. A two-bedroom garden condo in a Henderson complex, and a one-bedroom unit in a high-rise near the Strip. Every dollar figure below is an assumption chosen for the arithmetic. None is a quote, and none implies an interest rate, a loan amount or a purchase price.
The Henderson unit. Assume a principal and interest payment of 1,350 dollars a month, property tax of 150 dollars a month, a landlord condo policy of 60 dollars a month and association dues of 285 dollars a month.
Add them: 1,350 plus 150 plus 60 plus 285 is a monthly PITIA of 1,845 dollars. Assume the appraiser's market rent is 1,900 dollars. Divide 1,900 by 1,845 and the coverage ratio is 1.0298.
The high-rise unit. Assume the same payment of 1,350 dollars, tax of 150 dollars and insurance of 60 dollars, but dues of 900 dollars a month, which is common where the dues carry a doorman, a pool deck, elevators and a valet.
PITIA is 1,350 plus 150 plus 60 plus 900, or 2,460 dollars. Assume a market rent of 2,400 dollars. Divide 2,400 by 2,460 and the ratio is 0.9756.
The same loan, two answers. The high-rise rent is 500 dollars higher, but its dues are 615 dollars higher, so the unit earns more and still falls under 1.00. The extra dues ate the extra rent and then some.
| Unit | Dues | PITIA | Rent | Ratio | Break-even dues |
|---|---|---|---|---|---|
| Henderson garden condo | 285 dollars | 1,845 dollars | 1,900 dollars | 1.0298 | 340 dollars |
| Strip-corridor high-rise | 900 dollars | 2,460 dollars | 2,400 dollars | 0.9756 | 840 dollars |
The break-even column is the shortcut. Subtract the payment, the tax and the insurance from the rent, and what is left is the most dues the unit can carry at a ratio of 1.00.
For the Henderson unit that is 1,900 minus 1,560, or 340 dollars. For the high-rise it is 2,400 minus 1,560, or 840 dollars, and the real dues are 60 dollars past it.
Two more things can move that number in the real file. A lender may count a dues increase the board has already approved, even if it has not started yet.
And a special assessment, which is a one-time charge the association bills owners for a repair the reserves cannot cover, is read as a sign the dues were too low all along.
Want the ratio run on a real Las Vegas condo, dues included, before you make an offer?
Send the address, the rent you expect and the association's dues statement from the resale package. You get the coverage ratio worked on the unit's real numbers, and a plain read on whether the building itself is one a DSCR program will accept.
You also get a straight answer on whether a bigger down payment fixes a short ratio, or whether the building is the problem. Current as of September 25, 2026.
Get your fast quoteWhat is Form 1007, and why does it decide the rent?
Form 1007 is the Single-Family Comparable Rent Schedule, a Fannie Mae form the appraiser fills out alongside the appraisal. It lists three rented units like yours, adjusts each for differences such as size, condition, and whether utilities or furniture are included, and arrives at an indicated monthly market rent for your unit.
That number is the rent most DSCR programs use when the unit is vacant. When the unit already has a tenant, the program usually reads the signed lease as well and uses whichever rule it publishes, often the lower of the two. Either way, the rent in the ratio is a documented long-term rent.
What the form does not do
It does not project nightly income. Its comparables are rented units with monthly rents, its adjustments are for utilities and furniture, and its result is a monthly figure. A spreadsheet of Airbnb bookings is not a Form 1007 input.
Some DSCR programs will read a year of actual short-term-rental history on a unit you already own. That is a program-by-program exception. It does not apply to a purchase, where the history belongs to the seller.
For a condo, the form has one more job. The appraiser's comparables tell the lender whether the building rents to long-term tenants at all. Three comparables that are nightly rentals in the same tower say something about the building that the questionnaire may not.
The appraisal itself is its own subject. It sets the value the loan is measured against, and on a condo the appraiser also reports on the project. That is covered in the guide to what a DSCR file usually needs.
Which Las Vegas condos are different underwriting animals?
Three broad groups, and the lender's questions change from one to the next.
Strip-corridor high-rises
These are the towers along and near Las Vegas Boulevard and in the blocks behind it. The marks lenders check are the hotel marks from the section above: a front desk, a rental program, resort branding, retail or restaurant floors, and a heavy share of investor-owned units. Dues are high because the building carries staff, elevators and amenities.
Four questions decide the file. Does the building trip the hotel test? How much of it is commercial space? What share of the units does one entity own? And do the dues leave any ratio at all? A tower can pass the first three and still be a poor DSCR fit, purely because its dues are too high for its rents.
Henderson and Summerlin garden condos
These are the two-story and three-story complexes with parking lots, small pools and modest dues. Owner-occupants are common, dues are lower, and the hotel test rarely comes up. Here the lender's attention moves to the money: the age of the roofs and paving, the reserve study, whether a special assessment is pending, and how many owners are behind on dues.
An older garden complex with a thin reserve fund is the classic case where the ratio passes and the building fails. The resale package tells you which one you are looking at before the lender does.
Townhome-style condos and small projects
Some attached homes in Las Vegas are legally condos even though they look like townhomes. A small project with a handful of units has its own wrinkle: the single-entity rule bites at two units instead of a percentage.
Fannie Mae's limit for a project of 11 to 20 units is two units held by one owner, so one investor buying a third unit in a 12-unit project can change the project's status for everyone.
A simple way to sort a listing. If the building has a front desk or a rental program, expect the hotel questions first. If it is a garden complex, expect the money questions first. If it is a small project, ask who owns how many units before anything else.
When is a DSCR loan the wrong tool for a condo?
In four situations, and each has a better answer than forcing the file.
- The ratio is under 1.00 and dues are the reason. A larger down payment lowers the payment and lifts the ratio, and some programs accept a ratio below 1.00 at lower leverage. But if the dues alone are close to the rent, no down payment fixes it. The guide to how much cash a DSCR loan really takes works through that trade.
- You plan to live in the unit. A DSCR loan is a business-purpose loan for property you do not occupy. If you will live there, even part of the year, you are looking at an owner-occupied or second-home loan, not a DSCR loan.
- The building is in structural or habitability litigation. Most programs, DSCR or not, will not lend in it until the case resolves. The right move is usually to wait or to walk.
- The unit is in a mandatory rental pool. A condotel with a required hotel rental program is a specialty product. Some lenders that write non-QM loans, meaning loans outside the standard qualified-mortgage rules, handle it, but it is a different file with different terms, and it is not the ordinary DSCR loan this guide describes.
There is a fifth case that is not a DSCR problem at all. If the unit is a good long-term rental in a healthy building, and the ratio clears with room, the DSCR loan is the right tool. The paperwork above is simply the price of a condo.
Holding title in a limited liability company is common on these files, and the guide to buying a Las Vegas rental through an LLC covers what that changes.
What should you do before you write the offer?
Five steps, in the order that saves the most time.
- Ask the listing agent two questions. Does the building have a front desk or a rental program, and what are the monthly dues right now? The first answer sorts the building. The second goes straight into the ratio.
- Run the ratio with the real dues. Rent divided by payment, tax, insurance and dues. If it is under 1.00 with an honest rent, decide now whether a bigger down payment fixes it or whether to move on.
- Read the resale package inside the five-day window. Nevada gives you the budget, the reserve summary, the lawsuits and the fees. Look for a pending special assessment, a reserve fund far below the study's recommendation, and any lawsuit about the structure.
- Have the lender order the condo questionnaire early. The association fills it out for a fee and it takes time. Ordering it late is a common reason a condo file closes after the contract date.
- Match the insurance to the unit. The master policy covers the building. You need a landlord condo policy for the interior, your liability and lost rent, and the lender will want to see both.
DSCR loans on condos: FAQ
Eligibility
Can you get a DSCR loan on a condo?
Yes. A condo qualifies on the unit's rent the same way a house does, as long as the building passes the lender's project review. The lender reads the unit's appraisal and rent schedule, and it also reads the association's budget, reserves, lawsuits and how the building operates.
Can you get a DSCR loan on a non-warrantable condo?
Often, yes. Non-warrantable only means the building does not meet Fannie Mae's or Freddie Mac's project rules. DSCR loans are not sold to either company, so each DSCR lender writes its own condo rules.
Many accept non-warrantable buildings with limits such as a smaller loan against the value or more cash reserves, while most still refuse buildings that operate as hotels.
Does a DSCR lender allow a condotel or a short-term-rental unit?
Usually not for a building that runs like a hotel. Fannie Mae's marks for a hotel-style project include a registration desk, nightly rentals, daily cleaning and a hotel name, and most DSCR programs adopt that list.
A unit in an ordinary condo that you rent nightly is a separate question, and the lender will still underwrite it on a long-term market rent.
The ratio and the rent
Do HOA dues count in the DSCR calculation?
Yes. The ratio divides the monthly rent by PITIA, which is principal, interest, taxes, insurance and association dues. Dues sit in the bottom of that division, so every dollar of dues lowers the ratio. On a high-rise with large dues, the dues can push a unit below 1.00 even when its rent is higher than a house's.
What rent does the lender use for a condo?
The appraiser's market rent from Form 1007, the Single-Family Comparable Rent Schedule, or the signed lease when there is a tenant, under the program's own rule for choosing between them. The form estimates a monthly rent from three comparable rented units, adjusted for utilities and furniture. It does not project nightly income.
What is a good DSCR for a condo?
There is no single published floor. DSCR loans are not government loans, and each program sets its own minimum. A ratio of 1.00 means the rent covers the full monthly cost exactly, and a higher ratio gives the file more room.
On a condo, the dues are the input to watch, and the lender will also expect the building to pass its project review.
The building's file
What does the lender want from the homeowners association?
A condo questionnaire and supporting documents. The main items are the operating budget, the reserve funding or reserve study, the share of owners behind on dues, and any pending lawsuits. The lender also asks about the owner-occupancy and investor mix, whether one entity owns a large share of the units, the amount of commercial space, and the master insurance policy.
Fannie Mae's reference figures are 10 percent of the budget to reserves, no more than 15 percent of units 60 days behind, and no single owner above 20 percent of units in a project of 21 or more.
What is a Nevada resale package, and how long do I have to read it?
Under NRS 116.4109, the seller of a Nevada condo must give the buyer a resale package. It holds the declaration, bylaws and rules, a statement of the dues and anything the seller owes, and the current budget and financial statement with a reserve summary.
It also lists any pending legal actions, all resale fees, the charges to expect, and proof of the association's insurance. You may cancel the contract by written notice until midnight of the fifth calendar day after you receive it, without penalty.
Article history
September 25, 2026. First published. Fannie Mae's Selling Guide sections B4-2.1-01, B4-2.1-03 and B4-2.2-01, each dated August 5, 2026, were read live that day, along with Form 1007, the Single-Family Comparable Rent Schedule.
Nevada statutes were read live on the Legislature's site: NRS 116.4109, 116.31152 and 116.3116. The federal business-purpose exemption, 12 CFR 1026.3(a)(1), was read on eCFR the same day.
Every dollar figure was worked by hand rather than carried from another page: both PITIA totals, the 1.0298 and 0.9756 ratios, and the two break-even dues figures.
- Next scheduled review: November 1, 2026. Fannie Mae updates its project standards on its own schedule, and chapter 116 is checked again after the Nevada Legislature's next session.
About the reviewer
Find out whether the condo you are watching will carry a DSCR loan
One conversation gets you three things. First, the coverage ratio worked on the unit's real rent and real dues. Second, a read on the building against the hotel test and the money tests above. Third, a clear answer on whether the file fits a DSCR loan, a non-warrantable program or neither.
Start your fast quoteAcross Valley West: Not sure a rental loan is the right path for a condo you might live in later? Our conventional site explains where a DSCR loan and a standard investment loan part ways in Nevada.
Keep reading
- DSCR loans in Las Vegas, from first call to closing
- The documents a DSCR file usually needs
- What a short ratio does to the down payment
- Holding a Las Vegas rental in an LLC
- Interest-only DSCR loans and the ratio
- Run the ratio in the calculator
- Six questions for any DSCR program
Sources: Fannie Mae project standards and forms
- Fannie Mae Selling Guide, B4-2.1-03, Ineligible Projects (August 5, 2026). Projects that operate as hotels or motels, the single-entity limits of two units and 20 percent, the 35 percent commercial-space cap, and the litigation rule.
- Fannie Mae Selling Guide, B4-2.2-01, Full Review Process (August 5, 2026). The 15 percent delinquency limit, the 10 percent reserve allocation, and the reserve-study alternative.
- Fannie Mae Selling Guide, B4-2.1-01, General Information on Project Standards (August 5, 2026). The 90 percent conveyed test for an established project.
- Fannie Mae Form 1007, Single-Family Comparable Rent Schedule. Three comparable rentals, utility and furniture adjustments, and the indicated monthly market rent.
Sources: Nevada statutes
- NRS 116.4109, resales of units. The contents of the resale package, the association's 10-day duty to furnish it, and the buyer's right to cancel until midnight of the fifth calendar day.
- NRS 116.31152, study of reserves. A reserve study at least every five years, reviewed every year, by a person holding a chapter 116A permit.
- NRS 116.3116, liens against units for assessments. The association's lien and its priority over a first security interest for up to nine months of assessments, and not less than six months where federal regulations apply.
Sources: federal regulation
- Electronic Code of Federal Regulations, 12 CFR 1026.3, exempt transactions. The business-purpose exemption at paragraph (a)(1).
Verification note
Last updated: September 25, 2026. Every Selling Guide section, form, statute and regulation listed above was read live on September 25, 2026. Every dollar figure was recomputed by hand.
What this page refuses to do
It quotes no interest rate, no annual percentage rate, no loan amount and no down payment figure. The payment, tax, insurance, dues and rent figures in the worked example are assumptions chosen for arithmetic, not quotes, and they imply no rate. Every dollar figure on the page is illustrative.
It names no lender other than our own, it does not describe any specific building, and it gives no legal advice on association documents or short-term rental licensing. For those, talk to a Nevada attorney.
This article is for general information and is not legal, tax, insurance or investment advice. Valley West Mortgage is an independent mortgage lender, NMLS #65506, licensed in Nevada. Equal Housing Opportunity. Valley West Mortgage is not affiliated with, or acting on behalf of or at the direction of, HUD, the FHA, the VA or any other government agency. DSCR loans are business-purpose loans secured by non-owner-occupied investment property. Nothing on this page is an offer of credit, a rate quote, a preapproval or a commitment to lend, and program terms vary by lender and by property. All figures are illustrative and not a quote, offer, or commitment to lend.
