Rental loan qualification based on the property's income versus its debt payment — not the borrower's personal tax returns. Published DSCR rate floor is 7.00%.
Also called: debt service coverage ratio, dscr loan
Glossary
AIVAA™ — OUR AI VALUES YOUR PROPERTY IN MINUTES. NO $3,000 APPRAISAL, NO THREE-WEEK WAIT
Glossary
Rental loan qualification based on the property's income versus its debt payment — not the borrower's personal tax returns. Published DSCR rate floor is 7.00%.
Also called: debt service coverage ratio, dscr loan