Investment property · Rent vs PITIA · Not tax returns
DSCR loans nationwide
Business-purpose loans on 1–4 unit rentals that qualify on rent divided by PITIA. Placed nationwide through C2’s investor panel. Not a consumer or owner-occupied loan.
- Who it fits
- Landlords, STR investors where allowed, self-employed investors, and entities buying or refinancing non-owner-occupied 1–4 unit property in eligible states.
- Typical down / structure
- Typically 20–25%
A DSCR loan (Debt Service Coverage Ratio) is a business-purpose mortgage on a non-owner-occupied 1–4 unit investment property. Underwriting uses the property’s rent divided by PITIA (principal, interest, taxes, insurance, and association dues). Personal DTI, W-2s, and tax returns are typically not required.
We place DSCR purchases, rate-and-term refinances, and cash-out nationwide through C2 Financial’s investor panel — Florida, Texas, the Carolinas, the Midwest, and most other states where the overlay and entity structure fit. Ratio overlays commonly sit at 1.00, 1.10, 1.20, or 1.25. Sub-1.00 or no-ratio needs more down payment.
This is not a primary or second-home product. Occupancy fraud is a decline. Prepayment penalties of 1–5 years are common and disclosed before lock. Rural 4-units, condo-hotels, mixed-use, and some high-cost condos need a specialist investor — we confirm the address before you spend earnest money.
Florida DSCR still has Florida insurance. Wind, flood, and HOA on a Tampa or Miami rental move PITIA as much as the note rate.
- 1–4 unit non-owner-occupied only
- Qualify on rent ÷ PITIA, not personal tax returns
- LLC / entity vesting when the overlay allows
- Long-term or short-term rent where HOA and zoning allow
- Nationwide placement — overlay confirmed per property state
Melvin’s consumer MLO license is Florida. DSCR is placed as business-purpose debt through C2’s nationwide investor panel, not as a claim that he is a licensed consumer originator in every U.S. state.