Scale your North Carolina rental portfolio without tax-return headaches.
Qualify on the property's rental income — not your tax returns. 30-year fixed terms, LLC borrowing, and no portfolio limits.
- No W-2s, no tax returns, no DTI
- 30-year fixed terms
- Close in an LLC
- No portfolio limits
DSCR (Debt Service Coverage Ratio) loans are designed for investors who want to scale faster without the friction of traditional underwriting. The property's rental income covers the mortgage payment — that's the qualification. No W-2s. No tax returns. No DTI ceilings. Close in an LLC, hold for the long term, and stack as many doors as the deals support.
Why investors love DSCR
Conventional mortgages were built for W-2 employees buying their primary residence. DSCR loans were built for investors building portfolios.
No personal income verification
Qualification is based on the property's Debt Service Coverage Ratio — rental income divided by debt payments — not your W-2 or tax returns.
Borrow under an LLC
Hold properties in an LLC or corporation for liability protection and clean accounting.
30-year fixed terms
Long-term stability with a true 30-year fixed loan. No balloon payments, no surprises.
Fast, streamlined closings
Built for investors. The process moves faster than traditional financing — critical when you're competing for deals.
No portfolio limits
Scale your portfolio without the strict, traditional debt-to-income (DTI) limitations that cap conventional financing at 10 properties.
Foreign nationals welcome
Because tax returns aren't required, DSCR loans are a top option for foreign investors buying U.S. rental property.
Self-employed friendly
If your tax returns underrepresent your true income, DSCR sidesteps the issue entirely.
Cash-out refinancing
Pull equity from existing rentals to fund new acquisitions or value-add renovations.
Eligible properties
Most long-term rental property types qualify. Short-term rentals are case-by-case.
- Single-family rentals (SFR)
- 2–4 unit small multifamily
- Condos and townhomes (warrantable)
- Short-term rentals (STR / vacation rentals — case by case)
- Long-term rental property portfolios
The DSCR process — built for investors
Faster than conventional, no tax-return forensics, and you close in your LLC.
- 1
Quick scenario review
Send the address, purchase price, and expected rent. Tom runs the DSCR math and confirms the property pencils.
- 2
Soft pre-qualification
We confirm credit tier and lender fit — no income docs needed.
- 3
Application & rent verification
Provide the property details and a market rent appraisal (1007) confirms the income.
- 4
Property appraisal
A standard appraisal verifies value and condition.
- 5
Underwriting & approval
Streamlined investor-focused underwriting — no tax return forensics.
- 6
Close in your LLC
Close in your entity, keep your low rate, and add the door to the portfolio.
Program details & qualifications
- Property must support the debt — typically a DSCR of 1.0 or above (some programs allow 0.75+)
- Down payment typically 20–25% on purchase
- No personal income, W-2, or tax return required
- Title may be held in an LLC, corporation, or personal name
- Available to U.S. citizens, residents, and foreign nationals
- Cash-out refinance available with sufficient equity
DSCR loans tailored to your situation
Foreign Nationals
No U.S. tax returns required. Build a U.S. rental portfolio from anywhere.
Learn more →Self-Employed Investors
Your tax returns understate your real income. With DSCR, they don't have to matter.
Learn more →LLC Borrowing
Close in your entity from day one — liability protection and clean books.
Learn more →DSCR loan FAQ
The questions Tom hears every week from NC investors.
- A DSCR (Debt Service Coverage Ratio) loan qualifies the borrower based on the rental property's cash flow rather than personal income. The lender checks whether the rent covers the mortgage payment (PITIA) — that ratio is the DSCR.
Got a deal that needs to close?
Send Tom the address and rent — he'll tell you in 24 hours whether it pencils as a DSCR loan.
Or email Tom directly at thomas28403@gmail.com