DSCR loans: the rent qualifies. Not your W-2.
DSCR loans size on one ratio: does the rent cover the payment? If the deal cash flows, we can usually build a loan around it — refinance or new financing.
- 🗺 Lending in 47 states — everywhere except South Dakota, North Dakota & Vermont
- No tax returns, no income or employment verification
- No title seasoning on cash-out $100K+ — refi right after purchase or rehab, qualified on today's appraised value, not your purchase price; under $100K carries 6-month title seasoning (see how it works)
- DSCR HELOC & DSCR second mortgage — tap equity at up to 75% CLTV without touching your first mortgagesee how it works →
- Vest in your personal name or your LLC
- 1031 & reverse 1031 exchange friendly — land contract refis OK (6-mo seasoning)
- Probate & inheritance buyouts allowed — up to 75% LTV cash-out, 80% LTV purchase
- 1–4 unit rental properties — rural up to 40 acres on some programs
- No credit restriction — LTV is capped by credit tier (below 620 FICO caps at 50% LTV)
Or skip the form — call or text us: 949-738-9770
What type of property is this?*
What loan type are you interested in?*
What is the property address?*
Depending on location we may have specific programs
What's the purchase price or refinance amount?
Our minimum loan amount is $75,000 up to $3,000,000 on DSCR
Are you purchasing or refinancing?*
How is your credit?*
No minimum score — maximum LTV is capped by credit tier (below 620 caps at 50% LTV)
Is the property occupied or vacant?*
When was the property purchased?*
Who are we preparing options for — and where do we send them?*
Legal name of the primary borrower. We'll text and email your scenario — a real person from our Irvine office. Never sold, no spam.
Where should we send your options?*
We'll email your scenario and next steps — never sold, no spam.
Last step — everything look right?*
Review your details and hit Submit — a real person from our Irvine office will reach out. No call centers, never sold, no spam.
Notice: By providing your name and contact information you are expressly consenting to receive communications from Cap Rate Funding, Cap Rate Funding agents, or affiliated partners which may include phone calls (including to any wireless number that you provide) including automatic telephone dialing systems or by artificial/pre-recorded messages, text message and/or emails for the purpose of marketing Mortgage products and services. By providing your information, you understand that your consent is not a condition of the purchase of any product or services, and carrier messaging and data rates may apply. You may revoke this consent at any time by calling us at 949-738-9770 or by emailing us at chase@capratefunding.net to be placed on our do-not-call list. By clicking Submit: I Consent to Receive SMS Notification, Alerts & Occasional Marketing Communication from Cap Rate Funding. Message frequency varies. Message & data rates may apply. Text HELP to 949-738-9770 for assistance. You can reply STOP to unsubscribe at any time.
What's the purchase price?*
Your best estimate is fine — we'll tailor the loan to it
What is the existing balance on your property?*
Include all liens — first, second, HELOC. Enter 0 if it's paid off.
What is the current value of the property? (Your best estimate)*
Your best estimate is fine — this helps us size the loan correctly.
We can't make this one work — here's exactly why.
With a credit score below 620, our lenders cap an investment-property refinance at 50% of the property's value — that's your current mortgage balance measured against what the property is worth. Based on the numbers you entered, your balance sits above that line, so we're not able to move forward on this loan today.
Two honest paths from here: if your balance drops below 50% of value — or your score crosses 620 — we can revisit immediately.
Call us to talk it through — 949-738-9770We can still do this — with a bigger down payment.
With a credit score below 620, our lenders can approve a purchase only when you bring at least 50% down, plus closing costs, out of pocket. If you can do that, we'll keep going right now — equity does the qualifying that credit can't.
Not sure? Call us: 949-738-9770
What is the current rent you are collecting or market rent?*
Monthly rent — if the property is vacant, your best estimate of market rent is fine.
What are the property taxes you pay annually?*
Your best estimate is fine — enter 0 if none.
What is the landlord insurance you pay annually?*
Your best estimate is fine — enter 0 if you don't carry it yet.
You're in! Now lock in your call.
Your scenario is in the queue. Pick a time below and we'll go over your options together — usually the same business day.
To make the call count, have these handy: your property address, a recent mortgage statement (or your payoff balance), and a ballpark of your credit score.
Book My Call — Open CalendarPrefer to talk now? Call 949-738-9770 · Book a call
You're booked! One more thing…
Save our contact now — we'll be calling you from 949-738-9770. With it saved, your phone shows Chase Zhao · Cap Rate Funding instead of “Scam Likely” or an unknown number, so you'll know it's us calling about your appointment.
Prefer to add it yourself? Chase Zhao · 949-738-9770 · chase@capratefunding.net
We can't lend on a primary residence in your state yet.
For a home you live in (or will live in), our lenders are set up in . Your property is in , and we're not able to move forward on an owner-occupied loan there today.
Two honest paths from here: if the property is actually a rental or investment, go back and choose Investment Property — our investor programs cover most states. Otherwise, call or text us and we'll point you to a lender who can help.
Call us to talk it through — 949-738-9770We're not the right fit for this one.
Based on your answers, we aren't able to offer a program for this scenario with a credit score below 620 at this time. If your score improves, we'd love to take another look — and you're always welcome to call us to talk through your options.
Call 949-738-9770We're not licensed to lend on primary residences in your state.
For owner-occupied homes, Cap Rate Funding is licensed in Alabama, Arizona, California, Colorado, Florida, Idaho, Iowa, Louisiana, Maryland, Michigan, Minnesota, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, Tennessee, Texas, Utah & Washington only. Because this property is your primary residence, we aren't able to help with this one — and we'd rather tell you now than waste your time.
Own an investment property? That's a different footprint — our investor programs are available in nearly every state.
You’ll work directly with Chase Zhao, President · NMLS #1816148*Sample DSCR pricing shown; your rate depends on DSCR, credit profile, LTV, and property type. No minimum credit score restriction — maximum LTV is capped by credit tier, and FICO below 620 caps at 50% LTV. DSCR loan amounts capped at $3,000,000. All loans subject to credit approval.
DSCR calculator: does your rental qualify? Find out in 60 seconds.
Enter your property, rent, and expenses — and see your DSCR for both a 30-year fixed and a 10-year interest-only structure, plus monthly cash flow, cap rate, cash-on-cash return, and your borrowing power. No tax returns needed to run it.
Loan Purpose
Income & Expenses
Closing Costs optional
30-Year Fixed
✓ Qualifies on the rent10-Year Interest-Only
boosts DSCR1.00 = rent covers the payment · 1.25+ typically unlocks the best pricing · under 1.00 can still work at lower LTV
Investment Snapshot
DSCR = gross monthly rent ÷ monthly PITIA. Estimates only — not a rate quote or commitment to lend; actual terms depend on LTV, DSCR tier, credit, and property type.
Like the numbers? Get them priced for real.
The calculator is directional — submit your scenario and I'll price it across our lender network, usually the same business day.
DSCR loan requirements: can we fund your deal? Check before you apply.
We'd rather tell you now than waste your time. Here's our lending box, plainly stated.
See exactly what we can & can’t fund
We can help with:
- Financing at 620+ FICO — primary homes and investment properties
- DSCR investment deals at any credit score — LTV is capped by credit tier; below 620 FICO caps at 50% LTV
- No title seasoning on cash-out — refinance immediately after purchase or rehab
- Rural properties up to 40 acres on some programs
- Investment property refinances — flexible credit, conditional lending available below 620
- HEA — credit accepted from the 500s; your FICO band sets the maximum OLTV (60–75%)
- Reverse mortgages — any credit score, primary residence, current balance under 50% of home value
- Loan amounts from $75,000 up to $3,000,000 (HELOC up to $5M, HEA capped at $600K)
We're not the right fit for:
- New financing under 620 FICO (except DSCR investment deals, capped at 50% LTV)
- DSCR loans on properties in South Dakota, North Dakota, or Vermont — every other state is on the table
If your score improves, come back — we'd genuinely love to take another look. Questions about a gray-area scenario? Call 949-738-9770.
How DSCR qualification works: if the deal cash flows, we should talk.
Built for investors scaling a portfolio — from rental #1 to rental #20.
The numbers work on the property.
- Rent covers the payment — that's the core test
- Refinance or new financing of an investment property
- 1–4 unit rental properties
- Any credit — LTV caps by tier; below 620 FICO caps at 50% LTV
- Cash-out with no title seasoning — BRRRR-friendly
- Rural properties up to 40 acres on select programs
Everything conventional throws at investors.
- No tax returns or income verification
- No DTI math — your personal income stays out of it
- No employment checks
- No property-count limits capping your growth
Tailored solutions for every scenario.Three programs fund most deals.
One conversation gets your scenario priced across a network of 100+ lenders — with the trade-offs explained straight.
HELOC, P&L Only, and DSCR do the heavy lifting — one conversation prices your scenario across 100+ lenders. Need something else? Call 949-738-9770.
HELOC
Up to 90% CLTV, funded in as little as 5 days, no appraisal required. $50K–$5M, owner or non-owner occupied, 1–4 units.
Check my equity →P&L Only Loan
Qualify with one P&L — CPA-prepared or self-prepared options, even future income projections. No tax returns, no bank statements. 640+ credit, $150K+.
See P&L options →DSCR
The rent qualifies — not your income. 1–4 unit rental properties, personal name or LLC, no cap on properties. No minimum FICO.
Price my rental →Cash-Out & Investor Refinance
Replace your mortgage and take a lump sum, or reposition rental debt to free up trapped capital.
Compare my options →Rental Property Loans
Financing for 1–4 unit rental properties — including 2–4 unit multi-family.
See rental programs →Hard Money
Asset-based lending for deals that can't wait for a bank. Credit flexible — underwritten on the asset.
Fund my deal →VA Loan
Cash-out up to 100% LTV, plus IRRRL streamline refis with no appraisal, income docs, or minimum FICO. Veteran-first guidance.
See VA options →FHA Loan
Flexible qualifying on your primary residence with credit from 620. A practical path to your equity.
See FHA options →Reverse Mortgage
Primary residence, any credit score, current balance under 50% of value. Access equity without a monthly mortgage payment.
Check my eligibility →HEA
No monthly payments, up to $600K. Your FICO band sets the max OLTV — 60–75%, all lien positions considered.
Price my scenario →Landlord Insurance
Quote and bind rental-property coverage in minutes through our partner Steadily — so your closing never waits on a policy.
Get an insurance quote →Let the funnel decide.
Answer a few quick questions and we'll route your scenario to the right program — 60 seconds, no hard credit pull.
Find my program →
Non-QM is our specialty.
Cap Rate Funding is a team of non-QM lending experts based in Irvine, CA. When the banks say no, we usually have a yes — DSCR, P&L-only, bank-statement, HELOCs, hard money, and home equity agreements are what we do all day, backed by a network of over 100 wholesale lenders.
When you reach out, your scenario goes straight to our team — no call centers, no hand-offs. We'll tell you quickly whether we can help, what it'll roughly cost, and what we'd need from you. And if a loan doesn't make sense for your situation, we'll tell you that too.
Recently funded DSCR deals.
Real closings, straight from our Instagram — HELOCs funded in days, P&L and DSCR loans other lenders passed on.
| Deal Type | Location | Loan Amount | Highlight |
|---|---|---|---|
| HELOC | Santa Fe Springs, CA | $397,000 | Funded in 5 days |
| P&L Loan | Irvine, CA | $930,000 | Primary residence · complex title solved |
| DSCR | Detroit, MI | $1,194,200 | 7-property portfolio, one client |
| Digital HELOC | Rural property · 2+ acres | $276,393 | Funded in 7 days · no tax returns |
| P&L · 2nd Lien | Vale, CO | $400,000 | No full appraisal · rural OK |
| DSCR | New Jersey | $562,500 | Reverse 1031 exchange purchase |
| Cash-Out Refi | Texas (A6) | $350,000 | No income verification |
"Chase truly made the process feel effortless and straightforward. The communication was excellent throughout, and I was impressed by the speed and experience he demonstrated."
Google Review · HELOC client"Chase made our HELOC process incredibly easy, smooth, and fast from start to finish. Excellent communication, professional service, and quick turnaround."
Google Review · HELOC client"Fast, reliable, and very honest. Throughout the loan process, I always knew what the next step was. I truly appreciate the professionalism and support!"
Google Review · Investor clientGo beyond with Cap Rate Funding.
Initial Consultation
Share your scenario — refinance or cash-out — and we'll assess your needs. 60 seconds online or one phone call.
Customized Solutions
Your scenario priced across 100+ lenders, with options tailored to your goals.
Application & Approval
Complete your application and receive fast approvals — often with fewer documents than you'd expect.
Closing & Beyond
Seamlessly close your loan and enjoy continued support on the next one.
DSCR loan questions, before you ask.
What is a DSCR loan?
A DSCR (debt-service coverage ratio) loan qualifies an investment property on its rental income instead of your personal income. If the rent covers the mortgage payment, the deal can qualify — no tax returns, no income or employment verification. Investment properties only, 1–4 units, vested in your personal name or your LLC.
What DSCR ratio do I need to qualify?
DSCR is the monthly rent divided by the full monthly payment. A ratio of 1.0 or higher — rent covers the payment — opens the widest options. Lower-ratio deals may still be fundable with compensating factors like a larger down payment. Run your exact numbers in the calculator above, or call us with the scenario.
What's the minimum down payment for a DSCR loan?
Purchases require at least 20% down (80% max LTV). Loan amounts run from $75,000 to $3,000,000 on 1–4 unit rental properties.
What credit score do I need for a DSCR loan?
There's no hard minimum FICO. Instead, your credit tier caps the leverage — below 620 FICO caps at 50% LTV, and stronger credit unlocks higher LTVs.
Is there a no-seasoning DSCR loan?
Yes — on cash-out refinances of $100,000 or more. DSCR loans under $100,000 carry a 6-month title seasoning requirement instead. See the full breakdown, worked example, and numbers on our no-seasoning DSCR loan guide.
Can I refinance a rental right after I buy it?
Yes, on our DSCR cash-out refinance of $100,000 or more — there's no minimum ownership period. Below $100,000, a 6-month title seasoning requirement applies instead. The refinance is sized on the property's current appraised value, not your purchase price, so a rehab-and-refinance can happen as soon as the new appraisal is in hand.
Can I close a DSCR loan in an LLC?
Yes — vest in your personal name or your LLC. There's also no cap on the number of financed properties, and no title seasoning on cash-out refinances.
Which states do you offer DSCR loans in?
47 states — everywhere except South Dakota, North Dakota, and Vermont. See the full breakdown on our state availability page.
How do I choose a DSCR lender?
Compare more than the teaser rate: pricing for the same deal varies widely between lenders, and terms like prepayment penalties, seasoning rules, and reserve requirements differ. As a broker, Cap Rate Funding prices your scenario across a network of 100+ wholesale lenders instead of a single rate sheet — you see the best fit, not the only fit. Full breakdown: how to choose a DSCR lender — the 7 terms that differ and the 8 questions to ask.
Where is Cap Rate Funding located? Do you work with investors near me?
We're based in Irvine, California (Orange County), at 100 Spectrum Center Drive. We work with investors across Southern California — Orange County, Los Angeles, San Diego, and the Inland Empire — and fund DSCR loans in all 47 eligible states by phone. Call or text 949-738-9770.
Can I use a DSCR loan in a 1031 exchange?
Yes — DSCR financing pairs naturally with 1031 exchanges: your exchange proceeds cover the down payment on the replacement property and the rent qualifies the loan, no tax returns needed. We also work with reverse 1031 exchanges, where you acquire the replacement property before your relinquished property sells. Exchange deadlines are strict — call us early in your timeline: 949-738-9770.
Do you offer DSCR loans on land contracts?
Yes — including refinancing out of an existing land contract (contract for deed) into standard DSCR financing, so the deed gets recorded in your name or your LLC's. Land-contract refinances carry a 6-month seasoning requirement. If you're buying or selling on a land contract, call us with the scenario — the structure matters: 949-738-9770.
Do you require seasoning before a DSCR cash-out refinance?
No title seasoning on cash-out refinances of $100,000 or more — you can refinance right after the purchase or rehab, and we qualify off the property's current appraised value, not your purchase price. DSCR loans under $100,000 carry a 6-month title seasoning requirement instead. With no seasoning, cash-out goes to 75% LTV and rate-and-term to 80% LTV; a year on title unlocks 80% on long-term rental cash-outs. Either way, a BRRRR-style refinance captures the value you just added instead of waiting out a seasoning clock.
Do you finance probate or inheritance buyouts?
Yes — probate and inheritance buyouts are allowed. Structured as a cash-out refinance, the property's equity pays off the other heirs at up to 75% LTV; structured as a purchase, you can go up to 80% LTV. Either way the rent qualifies the loan through DSCR — no tax returns — and title can end up in your name or your LLC's.
Will checking my options hurt my credit?
No. Seeing your options involves no hard credit pull. A hard inquiry only happens later, with your permission, when you move forward with an application.
How fast can I actually get funded?
It depends on the program. Our HELOC can fund in as little as 5 business days. Other programs typically run 2–4 weeks. On your call we'll give you a realistic timeline for your exact scenario.
What does this cost me?
Checking your options costs nothing and commits you to nothing. If you proceed, all program costs are disclosed to you up front before you sign anything — no surprises at closing.
What happens to my information?
It goes to our team to price your scenario, and to the service providers that help us run the site — our CRM, scheduling, email and analytics tools. We never sell your information to third parties, and we only share it with a lender once you decide to move forward. See our Privacy Policy.
I'm self-employed and banks keep saying no. Can you help?
That's our specialty. P&L-only loans need one document from your CPA — no tax returns, no bank statements. DSCR loans qualify on the rent, not your income. And our HEA accepts credit from the 500s.
Fast. Flexible. Funded.
Whether you're tapping equity or repositioning the portfolio — check your options in 60 seconds, with no hard credit pull.