DSCR Line of Credit Solution

Access the equity in your rental property with flexible qualification requirements designed for real estate investors.

DSCR HELOC (Home Equity Line of Credit)

Revolving credit line secured by investment property based on debt service coverage ratio. Perfect for real estate investors who need flexible access to capital for acquisitions and renovations.

Key Features:

DSCR Qualification: No personal income or job required
Revolving Credit: Draw funds as needed up to your approved limit
Interest-Only Payments: During the 3-year draw period
Investment Property: Designed only for rental properties
Portfolio Lending: Hold loans in portfolio for faster decisions
Variable Rates: Tied to the prime rate index + margin
Credit Score: minimum 700+ credit scores required, no exceptions.
How it works: Use to buy or refinance cash out as a first lien
Credit limits: Credit lines from $150,000 to $3 million
Availability: All 50 states and subject to restrictions without notice.

Perfect For:

Real estate investors, property flippers, landlords looking to expand portfolios, and investors needing flexible capital access.

Why Choose Our Second Mortgage Programs

We specialize in alternative documentation loans that traditional banks won't approve, with competitive rates and flexible terms.

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Alternative Documentation

Qualify without traditional W-2s or tax returns. Use bank statements, P&L statements, or property cash flow analysis.

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Fast Approval Process

Streamlined underwriting with decisions in days, not weeks. Get pre-approved quickly and close in 30-45 days.

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Investment Property Experts

We understand real estate investing and offer programs specifically designed for investment property financing.

Frequently Asked Questions

What is a non-QM second mortgage?

A non-QM (Non-Qualified Mortgage) second mortgage is a loan that doesn't meet the Consumer Financial Protection Bureau's qualified mortgage standards. These loans offer more flexible underwriting guidelines and allow borrowers to qualify using alternative income documentation like bank statements, P&L statements, or DSCR analysis instead of traditional tax returns and W-2s.

How does DSCR qualification work?

DSCR (Debt Service Coverage Ratio) qualification focuses on the property's ability to generate enough rental income to cover the mortgage payments. We analyze the property's rental income against the total debt service. A DSCR of 1.0 means the property breaks even, while ratios above 1.0 indicate positive cash flow. Most programs require a minimum DSCR of 1.00 to 1.25.

What documents do I need for a bank statement loan?

For bank statement loans, you'll typically need 12-24 months of personal or business bank statements, a profit & loss statement, balance sheet (for business accounts), credit report authorization, property appraisal, and basic identification documents. We'll calculate your qualifying income based on deposits shown in your statements.

What's the difference between a HELOC and a second mortgage?

A traditional second mortgage provides a lump sum with fixed payments, while a HELOC (Home Equity Line of Credit) works like a credit card secured by your property. With a HELOC, you can draw funds as needed up to your credit limit and typically pay interest-only during the draw period. Our DSCR HELOC is specifically designed for investment properties.

What are the typical rates and terms?

Rates vary based on credit score, loan-to-value ratio, property type, and loan program. Fixed rate second mortgages typically range from 7-12% depending on these factors. DSCR HELOCs often start with variable rates tied to prime. Terms can include 15, 20, or 30-year amortization schedules. Contact us for current rates and a personalized quote.