DSCR Loans

AI-Powered DSCR Loans for Rental Properties

Financing built on our AI-powered platform, so you can compare your options, see your true monthly cost before you commit, and move on your next rental with confidence.

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Compare DSCR loan terms using the Kiavi AI-powered platform for real estate investment financing.
About DSCR Loans

DSCR Financing for Every Rental Strategy

Whether you are buying your next rental, refinancing one you already own, or pulling cash out to fund the next deal, a DSCR loan is built for it, across single-family rentals (SFR), PUDs, 2 to 4 units, and condos.

Laptop Icon representing Upfront Terms with Kiavi DSCR Loan Financing

Your Terms, Your Way

Customize your terms with features like rate buy-down and flexible term lengths. Then, compare your DSCR loan options side by side.

Folder Icon representing No W-2s Needed with Kiavi DSCR Loan Financing

No W-2s Needed

Your DSCR loan qualifies on the property's cash flow, not your income, with a rent treatment that can work in your favor.

Headphone Icon representing Less Friction and More Support with Kiavi DSCR Loan Financing

Less Friction

No hard credit pull and no minimum liquidity requirement, plus a team that knows rental financing when you need it.

Real estate investor analyzing DSCR loan financing rates on the Kiavi AI-powered platform.
Row of suburban rental homes representing a real estate portfolio built with Kiavi DSCR loan financing.
Rates & Terms

DSCR Loan Rates + Terms

Kiavi builds your DSCR loan terms around the property's cash flow, not just you as the borrower, so you can size up a deal with the full picture in front of you.

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Rates as low as 5.875%†
interest only
Up to 80% LTV (loan-to-value)
money
No prepayment penalty after year 3
cash
5/1 + 7/1 ARMs fully amortizing
fix-flip
30-yearfixed rates
calendar
Interest-only options
interest only
  • Ask About Our Cash-Out Refinance Options
A single-family rental property secured with a Kiavi DSCR loan for real estate investment financing.
DSCR Loan Basics

What is a DSCR Loan?

A DSCR loan is a rental property loan that qualifies on the property's rental cash flow rather than your personal income, so there are no tax returns or W-2s to document. DSCR stands for debt service coverage ratio, a measure of how well the rent covers the loan payment.

Financing rentals this way is core to what Kiavi does. We built our AI-powered platform around DSCR loans for real estate investors, so qualifying on the property rather than your paycheck is the standard here, not a workaround.

See how DSCR is calculated, with worked examples, in the complete guide to DSCR rental property loans, or read how rental property loans work for the strategy side.

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How Kiavi Compares

See How a Kiavi DSCR Loan Stacks Up

A DSCR loan is one of a few ways to finance a rental property. Here is how a Kiavi DSCR loan compares with a conventional mortgage and other DSCR lenders on the things real estate investors tend to weigh most.
Feature
Kiavi DSCR Loan
Conventional Mortgage
Other DSCR Lenders
Online Portal
Modern Tech Platform Portal with 24/7 Access to Loans
Varies by Lender
Unavailable
Instant Quotes
Get Quotes 100% Online, 24/7
Varies by Lender
Varies by Lender
Closing Speed
Streamlined Online Closing†
Often Several Weeks
Varies by Lender
Credit Check to Get a Quote
No Hard Credit Pull to Receive a Rate Quote*
Hard Credit Pull Typically Required
Often a Hard Credit Pull
Rent Used to Qualify
Lower of 110% of Appraised Market Rent and Your Valid Lease Rent
Subject to DTI & Form 1007 Market Rent
Varies by Lender
Minimum Liquidity Requirement
Flexible Options Available
Cash Reserves Typically Required
Varies by Lender
DSCR Flexibility
As Low as 0.8x†
Not Applicable
Varies by Lender
Support
Tech Platform Paired with a Team That Knows Rental Financing
Varies by Lender
Varies by Lender
A female real estate investor using the Kiavi AI-powered platform on mobile to review DSCR loan financing options.
Requirements

What are Kiavi's DSCR Loan Requirements?

Our DSCR loan requirements center on the property and its cash flow, not your personal income:

  • Non-owner-occupied residential
  • Qualifies on rental cash flow, no tax returns or W-2s
  • DSCR as low as 0.8x†
  • No hard credit pull, no minimum liquidity requirement
  • Purchase, rate-and-term, and cash-out refinance
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Frequently Asked Questions

Get Answers to Your DSCR Loan Questions

Everything you need to know about DSCR loans, from how the ratio is calculated to what it takes to qualify. Here are the questions real estate investors ask most before financing a rental.

A DSCR loan is a rental property loan that qualifies on the property's cash flow rather than the borrower's personal income, measured by the debt service coverage ratio. It requires no tax returns or W-2 verification.

DSCR is the qualifying monthly rent divided by the monthly loan payment, including principal, interest, taxes, insurance, and association dues. Kiavi uses the lower of 110% of appraised market rent and your valid lease rent as the qualifying rent.

Kiavi offers DSCR loans with a ratio as low as 0.8x,† which means a property whose rent covers most, though not all, of the payment may still qualify.

No. DSCR loans qualify on the property's rental income, so no tax returns, pay stubs, or W-2s are required. No hard credit pull applies.

A DSCR of 1.0 means rent exactly covers the loan payment, and above 1.0 means the property generates surplus cash flow. A higher ratio may support stronger loan terms, though the right target typically depends on the deal.

Yes. Cash-out refinance is available after 90 days of ownership, or on free-and-clear properties, which may let real estate investors access equity to reinvest.

Single-family rentals, PUDs, 2-4 unit properties, and condos are eligible. Properties must be non-owner-occupied.

A conventional loan qualifies on the borrower's documented personal income, while a DSCR loan qualifies on the property's rental cash flow. That difference may make DSCR loans simpler for real estate investors financing several properties.
Reviews

See Why 26,000+ Real Estate Investors Trust Kiavi

From first-time landlords to real estate investors scaling a rental portfolio, Kiavi pairs DSCR loans with the support and capital to grow with confidence.

"I just completed a refinance loan on a rental property. I’m a real estate broker with over 20 years in the business and have been involved in many types of loans from various types of lenders. I really must say that I was extremely impressed with Kiavi staff [...]"
Eric R.
12/29/23 via Google
"Kiavi was great to work with! They have a very user-friendly and intuitive web platform so the client can track their progress and where things are in real-time through the loan application, underwriting and closing process."
Chris K.
01/14/25 via Google
"Kiavi had a better DSCR rate than any local lender. They make the process very easy for someone who is self-employed."
Chris C.
12/11/24 via Trustpilot
"I got quotes from five lenders and Kiavi's LTC and LTV were by far the best allowing me to close with the least amount of money down. The team was friendly and helpful; also patient! The seller took a long time finally getting to the closing table. It was a fast and efficient process from Kiavi's side."
KKB
11/26/24 via Trustpilot
Free Resources

Go Deeper on DSCR Loans and Rental Investing

Whether you are sizing up your first DSCR loan or financing your next rental, the right context makes the decision easier. These guides and financing pages cover how DSCR works, when to refinance, and how to keep a rental portfolio growing.

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Ready to Finance Your Next Rental with a DSCR Loan?

See your DSCR loan options clearly, from your first quote through closing, with a real team to support you along the way. Start with a quick rate check, no hard credit pull required.

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