DSCR Rental Property Loans Qualify on Cash Flow, Not Income
IGR Mortgage Services provides DSCR rental property loans for real estate investors across Oregon and the Pacific Northwest. No W-2s, no tax returns — loans are underwritten based on the rental income the property generates.
DSCR Loan Quick Terms
What Is a DSCR Loan?
A Debt Service Coverage Ratio (DSCR) loan qualifies real estate investors based on the property's rental income — not personal tax returns or W-2s.
How the DSCR Formula Works
DSCR is calculated by dividing monthly gross rent by the total monthly loan payment (principal, interest, taxes, and insurance). A ratio at or above 1.0 means the property covers its own debt.
Underwriting focuses on the cash flow of the investment property — not the borrower personally. This is ideal for self-employed investors, those with complex returns, or anyone scaling a portfolio without the hassle of full-doc loans.
We can work with DSCRs as low as 0.75 in many scenarios, and offer "no ratio" DSCR on select properties.
Talk to a DSCR SpecialistFeatures of IGR DSCR Loans
Designed for investors who need speed, flexibility, and common-sense underwriting.
No Personal Income Docs
No W-2s, pay stubs, or tax returns. The property's rent roll qualifies the loan.
Fast Closings (10–21 Days)
Move fast on competitive listings. Our streamlined process closes deals others can't.
1–100 Unit Properties
Finance single-family rentals, small multifamily, and apartment buildings up to 100 units.
Cash-Out Refinance OK
Pull equity from existing rentals with no seasoning requirement on cash-out refis.
Short-Term Rentals (Airbnb)
Finance Airbnb and VRBO properties using market rent or actual STR income.
Portfolio Growth Friendly
No limit on how many properties you own. DSCR doesn't hit your personal DTI.
DSCR Loan Program Details
Transparent program guidelines for real estate investors in the Pacific Northwest. Call 503-504-2660 to discuss your scenario.
| Loan Feature | Details |
|---|---|
| Product Type | DSCR Rental Property Loan |
| First-Time Investors | Welcome |
| Min. Credit Score | 640 |
| Down Payment / Equity | 20% Minimum |
| Max LTV | 80% |
| Reserves | 3–6 Months PITIA |
| Loan Terms | 30-Year Fixed, 40-Year, I/O |
| Prepayment Penalty | Optional (Step-Down) |
| Cash-Out Seasoning | None Required |
| Closing Timeline | 10–21 Business Days |
| Min. Loan Amount | $100,000 |
| Max. Loan Amount | $10M+ |
| Eligible Properties | SFR, Condo, 2–100 Units |
| Vacant Properties | Accepted (Market Rent Used) |
DSCR Calculator
Estimate your Debt Service Coverage Ratio instantly.
* In Oregon, eligible residential property is 5+ units.
We Provide DSCR Loans on These Property Types
IGR Mortgage provides financing on a wide range of investment property throughout Oregon and the Pacific Northwest.
Single Family
1–4 unit residential rental properties
Multifamily 5–100
Small to mid-size apartment buildings
Condos & Townhomes
Warrantable & non-warrantable condos
Short-Term Rentals
Airbnb, VRBO, vacation rentals
Rural Properties
Non-urban investment properties
Mixed Use
Residential + commercial blend
DSCR Loan FAQ
Everything Oregon investors ask about DSCR rental property loans.
Ready to Fund Your Next Rental Property?
IGR Mortgage Services has been providing real estate loans to investors in the Pacific Northwest for over 30 years. Let's talk about your DSCR loan today — fast approvals, no income verification, competitive rates.