DSCR Multifamily & Mixed-Use
DSCR Financing for
Multifamily & Mixed-Use
Qualify based on the property's rental income — not your personal tax returns. Multifamily and mixed-use properties from $400K to $2M.
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Key Terms at a Glance
Loan Size
$400K – $2M
Purchase LTC
Up to 75%
Refinance LTC
Up to 70%
Min FICO
700
DSCR Requirement
Must be > 1.0
Full Terms
Min FICO700
Max Loan Amount$2,000,000
Purchase LTCUp to 75%
Refinance LTCUp to 70%
Cash-Out LTCUp to 65%
Minimum Loan$400,000
DSCR Requirement> 1.0
Commercial LimitRetail or office only
Mixed-Use Property Requirements
2–3 Units
1 Commercial Max
4–5 Units
2 Commercial Max
6–8 Units
3 Commercial Max
- Commercial use limited to retail or office space
- Vacant commercial space is not allowed
- Commercial space must be less than 50% of total building area
- All loans are business-purpose, made to LLCs
- Full appraisal required
Prepayment Penalty Options
| Year | 5-Year PP | 4-Year PP | 3-Year PP | 2-Year PP | 1-Year PP |
|---|---|---|---|---|---|
| Year 1 | 5% | 4% | 3% | 3% | 3% |
| Year 2 | 4% | 3% | 3% | 3% | — |
| Year 3 | 3% | 2% | 3% | — | — |
| Year 4 | 2% | 1% | — | — | — |
| Year 5 | 1% | — | — | — | — |
Frequently Asked Questions About DSCR Multifamily Loans
Ready to Finance a Multifamily Property?
No tax returns. Qualify by rental income. Loan sizes from $400K to $2M.
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