Debt Service Coverage Ratio Loan
The advantages of getting a DSCR Loan with NASB:
- No personal income required
- Down payments as low as 20%
- All underwriting is done in-house
- 700 minimum credit score; $175,000 minimum loan amount*
Use a DSCR loan to purchase investment property.
If you want to purchase an investment property without using your income to qualify, a DSCR mortgage from NASB may be the solution. To determine eligibility, we look at your debt service coverage ratio. As a DSCR loan lender, NASB offers reasonable rates, in-house underwriting, and a down payment as low as 20%, depending on your credit score and DSCR*. You can choose from a short-term rental DSCR loan or a long-term rental DSCR loan.
What Our Customers Say
Alexander S., April 5, 2024
★★★★★ (5)
"I was pretty much locked in with another lender but wasn't 100% convinced. I did a Google search looking for the best mortgage options for business owners/self-employed, and NASB popped up in several places with solid recommendations. For us, it was like a final Hail Mary to ensure we looked at all possible options. We couldn't be more glad we took that last step and found you. Your speed is second to none, and the service was amazing from start to finish. Needless to say, we are also very happy with the rate that we got."
Let's get started!
Answer six quick questions to get your personalized recommendations from one of our loan experts.
What type of mortgage loan are you looking for?
As seen in:
*Not available in New York state, the Chicago or Baltimore metropolitan areas, and not available in all locations or for all property types. Loans subject to underwriting and eligibility criteria, and other factors. Your loan officer will provide you with more information regarding DSCR loans and what may work best for your situation. Minimum loan amount of $175,000 required to apply. Exceptions include mortgage products for properties located within the Greater Kansas City metro and surrounding areas. Contact a NASB Loan Officer for more details on the specific areas and/or zip codes excluded