Coastal Funding:
Trusted by Investors
DSCR Loans for Real Estate Investors
Qualify on your property's rental income — not your personal income. No W-2s. No tax returns. No employment verification. Just the cash flow.
- Minimum DSCR of 0.75 — even cash-flow-neutral properties may qualify
- Single-family, multi-family, condos, short-term rentals & more
- Available in 40+ states
- Close in as few as 10 days with streamlined underwriting
20+
Years in Business
40+
States Eligible
0.75
Minimum DSCR
103035
NMLS Number
The Investor's Mortgage
What Is a DSCR Loan — and Why Do Investors Choose It?
A Debt Service Coverage Ratio (DSCR) loan is a type of investment property mortgage that qualifies borrowers based on the rental income the property generates — not the borrower's personal income. This makes it the ideal financing tool for real estate investors, self-employed borrowers, and anyone whose tax returns don't reflect their true financial strength.
Coastal Funding Corporation has specialized in DSCR loans since 2004. Our team understands the unique needs of real estate investors and works with an extensive network of top-rated lenders to find the most competitive rates and terms available.
Whether you're purchasing your first rental property or expanding a portfolio of dozens, our DSCR loan program is designed to scale with your investment strategy.
Why DSCR?
The Benefits of DSCR Financing with Coastal Funding
No Income Verification
Qualify based on the property's rental income — not your personal W-2s, tax returns, or pay stubs.
Unlimited Properties
No cap on the number of financed properties. Scale your rental portfolio without restriction.
Competitive Rates
Access investor-grade pricing with flexible terms — 30-year fixed, ARM, and interest-only options.
Fast Closings
Streamlined underwriting focused on the property's cash flow means faster approvals and closings.
Simple Process
How a DSCR Loan Works — Step by Step
Property Generates Rent
The subject property must produce (or be projected to produce) rental income from a tenant or short-term rental platform.
Calculate DSCR Ratio
Divide the gross monthly rent by the monthly PITIA (principal, interest, taxes, insurance, and HOA). A ratio ≥ 1.0 means the property pays for itself.
No Personal Income Needed
Coastal Funding underwrites the loan on the property's cash flow — your employment history and personal tax returns are not required.
Close & Collect Rent
Once approved, close on your investment property and start collecting rental income. Repeat for your next acquisition.
The Formula
DSCR = Gross Monthly Rent ÷ Monthly PITIA
PITIA = Principal + Interest + Taxes + Insurance + HOA. A DSCR of 1.0 means the property fully covers its debt. Coastal Funding can approve loans with a DSCR as low as 0.75 — meaning the rent can be 25% below the full payment and you may still qualify.
DSCR ≥ 1.25
Strong — best rates
DSCR 1.0–1.24
Good — standard pricing
DSCR 0.75–0.99
Eligible — slightly higher rate
Qualify Differently
Your Rental Income Is Your Qualification — Not Your Pay Stub
Traditional mortgages require two years of W-2s, tax returns, and employment verification. For real estate investors — especially those who are self-employed or hold properties in LLCs — this process is unnecessarily burdensome.
Coastal Funding's DSCR loan program eliminates that friction. We look at the property, not your personal finances. If the rental income supports the debt, you can qualify — regardless of how many properties you own or how complex your tax situation is.
- LLC and entity vesting accepted
- Short-term rental (Airbnb/VRBO) income eligible
- Foreign nationals may qualify
- Interest-only options available
- Cash-out refinance up to 75% LTV
- Loan amounts from $100K to $3M+
Nationwide Reach
Coastal Funding Can Do DSCR Loans in 40+ States
Many states do not require a mortgage broker to hold a state-specific license to originate DSCR investment property loans. Coastal Funding Corporation operates in all eligible states — explore the full list to see if your target market qualifies.
VIEW ALL ELIGIBLE STATESClient Reviews
What Our Investors Say
"Coastal Funding made my DSCR loan process seamless. I qualified on my rental income alone — no tax returns, no hassle. Closed in under 3 weeks."
— David D.
Ready to Invest?
Start Your DSCR Loan Application Today
Coastal Funding Corporation's DSCR specialists are ready to help you finance your next rental property. Apply online or call us for a free consultation — no obligation.