DSCR Loans

Fund your next rental property purchase with a 2023 competitively-priced DSCR Loan from the nation’s leading private lender, CoreVest Finance.

DSCR loans are available from a variety of lenders, including banks, credit unions, and private lenders. And they can be used for a wide variety of purposes, including the purchase or refinance of investment properties, the construction of new investment properties, and the rehabilitation of existing properties.

DSCR loans allow investors to leverage the income from their investment properties to finance the purchase or refinance of additional properties. This can be a great way to grow a portfolio of rental properties without having to come up with all the cash up front.

DSCR loans are usually available at a lower interest rate than other types of loans because they’re considered to be less risky. That’s because the DSCR gives lenders assurance that the property will generate enough income to cover its debts.

CoreVest offers very competitive DSCR loan options for all types of real estate investors.

DSCR Loan Criteria

  • Long and Short Term leases
  • Single-family, 1-4 units, condo, townhome
  • Purchase or Refinance
  • Full recourse
  • $75k – $2M
  • Up to 75% of value
  • 30 year term
  • Foreign nationals eligible
  • Nationwide lending

DSCR Loans – Frequently Asked Questions

What Property Types does CoreVest Finance lend on for DSCR?
We lend on Single-family, 1-4 units, condos and townhomes.

What are CoreVest Finance’s DSCR Rates?
CoreVest Finance offers competitive rates for DSCR loans. Rates vary due to investor’s past history and experience. For current rates, give us a call.

What is my turnaround time for an DSCR application?
We usually respond back to potential borrowers with a term sheet between 2-7 days.

How long will it take my DSCR Loan to close?
Our DSCR loans typically close within 20 days. Most of our DSCR Loans close within 4-6 weeks.

Request More Information on our DSCR Loan

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CoreVest is regularly featured in leading financial publications such as:

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