DSCR
What it is
DSCR = property rent ÷ new PITIA payment. If the rent covers the payment, the loan may qualify. Investment properties only.
DSCR
Who it’s for
Investors buying or refinancing rentals, including shortterm rentals; firsttime investors allowed.
Eligibility snapshot
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Item Guideline
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Minimum DSCR AS LOW AS ZERO
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Max LTV Up to 80% purchase/R&T; up to 75% cashout
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Credit score 620+ typical; higher for best terms
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Loan amount Up to $4,000,000
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Occupancy Investment properties only
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Property types SFR, condo, 2–4 units; by exception up to 8 units
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Reserves Reduced with larger down payment
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Shortterm rentals Allowed on select tiers
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Negative cash flow Allowed on some tiers with lower LTV
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Unlimited financed properties Yes, for experienced investors
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Prepayment May apply on some tiers
DSCR
Documents needed
Appraisal with 1007/216, lease or market rent schedule, assets for down payment and reserves, ID; LLC docs if applicable.
Use cases
Multiple properties and no W2
Cashout for next purchase
Shortterm rental acquisition.
Need Help?
FAQs
DSCR calc
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Buy in LLC
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Shortterm rental rules
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Tax returns
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Prepay terms
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WHY GMCC
Inhouse nonagency expertise
Clear DSCR guidelines up front
Fast answers from a dedicated product desk.
LO Advantage
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Convert investor leads without tax returns
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Options for STRs and noratio tiers
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One place to route portfolio clients
