Investor Cash Flow – San Diego Purchase and Refinance Loans

Investment Property Loans

Qualify for a mortgage loan based on your rental property’s cash flow

Benefits of our DSCR Program include:
Personal Guarantees Not Required
Loans Will Not Show Up on Credit Report
DSCR: Insurance, Taxes & HOA Only
No Post-Closing Covenants or Lookbacks

DSCR/Investment Interest Rates

As of 03/18/2025

6.875%*

Simple Eligibililty Requirements:

Qualification based on property cash flow
Programs are looking for a Debt Service Coverage Ratio of 1%
Loan amounts up to $3.5 million
Unlimited cash-out on a loan amount up to $3.5 million
Minimum credit score of 620
Up to 80% LTV available on a loan amount of $2 million
Interest-only loan option available
Non-warrantable condo allowed
Property can be in LLC’s name
Gift funds are allowed with a minimum borrower contribution of 5%
Minimum payment reserves up to a loan amount of $1 million is 6 months (cash-out can be used to meet reserve requirements on a refinance)
Option of a 0–5-year pre-payment penalty; the longer the pre-payment penalty, the lower the interest rate

The Investor Cash Flow mortgage program, also referred to as Debt Service Coverage Ratio (DSCR), allows investors to qualify for a loan based on a rental assessment to determine property cash flow. Suited for new and seasoned real estate investors, this program is key when building a real estate portfolio.

There are over 50 separate investors that offer a version of this program, each with a different set of guideline requirements and thresholds for the program. In many situations, the guideline variance from investor to investor can make a difference in qualifying for the lowest interest rate, which will directly impact cash flow on the property or the difference of not qualifying for the property.

No Ratio Loans
This program is exactly what it sounds like—no rental income is required to qualify. It has been identified as extremely useful for properties where the market rents are not supporting the debt of higher acquisition prices. Very few investors are offering a true no ratio program, and we are one of them

FAQ

— What is a Debt Service Coverage loan?
A type of non-QM loan for real estate investors. DSCR is a measurement of a firm’s available cash flow to pay current debt obligations. Lenders use this program to help qualify real estate investors for a loan because it can easily determine the borrower’s ability to repay without verifying income.

— What are the program benefits?
There are two that stand out:

Obtain cash-out within your existing real estate portfolio to fund the down payment on additional rental properties and then subsequent purchase.
Any payment made more than the interest-only payment is applied to the principal balance, and the minimum payment will fall the next month. The interest-only feature of these loans will increase your cash flow while providing you with a stable loan program.

— How much do I need to save for a down payment?
This program requires 20% down.

— Is personal income required to qualify for a DSCR loan?
No, personal income isn’t required to qualify. This means there is no need to submit income statements or tax returns.

— How is Debt Service Coverage Ratio calculated?
A lender will divide your gross rental income by your annual debt to calculate your DSCR, which determines how much income the property generates. Typically, these programs are looking for a DSCR of 1%.

— Are short-term rentals accepted?
Short-term rentals (like AirBnB and VRBO) are accepted, and rents will be averaged over the recent 12-month period.