Do you check my personal income?

No personal income documentation is required — qualification is based on the property's rent.

What's the minimum DSCR?

Most files target 1.0+; we have programs that go below 1.0 (see No Minimum DSCR).

Can I close in an LLC?

Yes — that's the standard structure for DSCR loans.

All programs

Investor

DSCR / Investor Loans

Cash-flow underwriting for rentals.

Qualify on the property's rent — not your personal income. DSCR (Debt-Service Coverage Ratio) loans use rental income to cover the mortgage payment, with interest-only options that help more borrowers qualify and table funding available for fast closes.

Highlights

Up to 85% LTV
Interest-only options
Table funding available
No personal income required
30-year amortization options
1-4 unit, condos, and short-term rentals

Apply for this program (817) 721-4030

What we do — and what we don't. Local Loan Store™ specializes in commercial, investor, and non-owner-occupied lending plus secured & unsecured business working capital. We do not originate personal loans or owner-occupied residential mortgages. If your scenario is personal or owner-occupied, we'll happily refer you to a trusted partner who is ready to help — just submit your inquiry and we'll route it to the right desk.

How funding works

1
Send the property address, lease (or market rent) and your entity docs
2
We calculate DSCR = monthly rent ÷ PITIA — most programs need 1.0+
3
Order appraisal with rent schedule (1007); no personal income docs needed
4
Close in your LLC in as little as 21 days

Real borrower scenarios

Worked examples using the program's actual LTV and qualifying rules. Numbers are illustrative — your file determines your final terms.

Long-term SFR rental, DSCR 1.25

80% LTV

Investor closing in an LLC, FICO 720

Financed Down payment

Property value: $400,000
Loan amount: $320,000
Down payment: $80,000
Cash to close (est.): $92,000

80% LTV purchase, 30-yr fixed; rent fully covers PITIA + 25% buffer.

Short-term rental cash-out

75% LTV

Existing AirDNA-supported STR, FICO 700

Financed Down payment

Property value: $650,000
Loan amount: $487,500
Down payment: $162,500
Cash to close (est.): $177,500

75% LTV cash-out using STR projected income — proceeds redeployed into next acquisition.

Max LTV by program

% of value financed at purchase — click a bar to open the program

Max loan amount

USD millions — click a bar to open the program

Indicative rate ranges

Lower band = best-case pricing. Hover for details, click to open the program.

Knowledge & insights

DSCR = monthly rent ÷ PITIA (principal, interest, taxes, insurance, association dues). A 1.0 DSCR means rent exactly covers the payment; 1.25 is the comfort zone for most lenders.

Interest-only DSCR loans dramatically raise qualifying DSCR — useful in higher-rate environments where principal + interest would push DSCR below 1.0.

Closing in an LLC keeps the loan off personal credit and isolates liability between properties.

Did you know?

DSCR loans grew explosively after 2020 — investor-owned single-family rentals are now one of the largest segments of the U.S. housing market.
Short-term rental income (Airbnb/VRBO) is increasingly accepted by DSCR lenders using AirDNA or 12-month operator history.

Frequently asked questions

Quick answers about DSCR / Investor Loans. Not seeing your question? Talk to a loan officer below.

Do you check my personal income?: No personal income documentation is required — qualification is based on the property's rent.
What's the minimum DSCR?: Most files target 1.0+; we have programs that go below 1.0 (see No Minimum DSCR).
Can I close in an LLC?: Yes — that's the standard structure for DSCR loans.

Get matched to DSCR / Investor Loans

Submit your scenario — a loan officer will confirm program fit and indicative pricing within one business day.

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