DSCR Loans for Real Estate Investors — Qualify on the Property, Not Your Income
Direct Non-QM lender. No tax returns, no personal DTI. DSCR as low as sub-1.0, up to 85% LTV, short-term rentals OK. Close in ~14 days.
Why investors choose Defy
We underwrite the property’s income — not your personal income.
Skip the W-2s, returns, and debt-to-income hurdles of traditional lenders.
Purchase with as little as 15% down on qualifying single-family rentals.
Short-term rentals and foreign national investors are welcome.
How it works
Tell us about the property and your goal — purchase or refinance.
We size the loan against the property’s cash flow and send you terms.
Clear, direct underwriting gets you to the closing table fast.
DSCR loan FAQ
A DSCR loan is an investor mortgage that qualifies on the property’s rental income instead of your personal income. Lenders compare the rent to the loan payment (the debt-service coverage ratio) rather than reviewing your tax returns or employment.
No — DSCR loans require no tax returns, no W-2s, and no personal DTI calculation. Qualification is based on the property’s cash flow, your credit, and the down payment.
Defy works with a DSCR as low as 0.75 and FICO scores starting at 640, on loan amounts from $75,000. Stronger ratios and credit can unlock better structures.
Most DSCR loans close in about 14 days. Because Defy is a direct lender, you work with the team that underwrites the file — no handoffs slowing you down.