The "Rental Income Only" DSCR Loan: Your No-Doc Path

If the Property Pays, You Qualify. No Tax Returns. No W-2s. No Personal Income Checks.

The No-Doc Rental Income Only program focuses entirely on the asset. If the rental income covers the mortgage, the deal is done.

The "Rental Income Only" Advantage

• True No-Doc Qualification: We don't verify your job, your salary, or your personal income.

• Income-Based Approval: We use the DSCR (Debt Service Coverage Ratio). As long as the property's gross rent meets or exceeds the monthly debt, you’re in.

• DTI is Dead: Your personal car payments, credit cards, or primary mortgage have zero impact on your ability to qualify.

• Scale Without Limits: Close property #1 or property #101. Since we don't look at your personal debt, you’ll never hit a "debt ceiling."

Choose Your Power: High-Speed vs. High-Capacity

We partner with the best in the industry to offer two distinct paths. Whether you need a 7-day closing or a $2.5M multi-family loan, we have the "No-Doc" solution.

How It Works (The Simple Math)

We use a simple ratio to see if the property "pays for itself."

Gross Monthly Rent/PITIA = Your DSCR Ratio

• 1.0 or Higher: The property is self-sustaining. You're approved.

• Below 1.0: Still possible with higher reserves.

   

The Simplified No-Doc Checklist

You don’t need a folder full of paperwork. You only need three things:

1. A Property that Rents: We verify market rent via an appraisal (1007 Rent Schedule).

2. A Down Payment: Typically 20% to 25% equity.

3. A Solid Credit Score: 620+ gets you through the door.

Investor Insight: "Traditional loans are for people who work for money. Rental Income Only loans are for people whose money works for them."

What is the monthly rent on the property you're looking at? Let's calculate your "Rental Income Only" qualification right now using the below rental income calculator to find your DSCR Ratio.