A DSCR (Debt Service Coverage Ratio) loan qualifies borrowers based on the rental income of the investment property rather than personal income. No W-2s or tax returns are required. The property's monthly rent must cover the mortgage payment, typically at a ratio of 1.0 or higher.

How fast can I close a DSCR loan?

AllApprovedHere typically closes DSCR rental loans in 21 days or fewer, significantly faster than conventional lenders.

What states does AllApprovedHere lend in?

AllApprovedHere / Barrett Financial Group is licensed to lend in Arizona (AZ), California (CA), Washington (WA), Nevada (NV), and Colorado (CO).

What is the minimum DSCR ratio required?

Most DSCR loan programs require a minimum DSCR ratio of 1.0, meaning the property's rental income must at least cover the monthly mortgage payment. Programs with stronger ratios (1.25+) qualify for better rates and terms.

Do you offer construction loans for ground-up development?

Yes. AllApprovedHere offers ground-up construction loans with up to 90% LTC (Loan-to-Cost), 12-24 month terms, and interest-only draw schedules for residential and commercial development projects.

What is the difference between a DSCR loan and a hard money loan?

A DSCR loan is a long-term (30-year) rental property loan that qualifies based on rental income. A hard money loan is a short-term (6–18 month) bridge loan used for fix and flip or construction projects. DSCR loans have lower rates and longer terms; hard money loans close faster but cost more.

When should I use a DSCR loan vs conventional financing?

Use a DSCR loan if you are self-employed, have complex income, or want to avoid W-2 documentation. Use conventional financing if you have strong W-2 income and want the lowest possible rate. DSCR loans are specifically designed for real estate investors.

What are typical DSCR loan rates in 2026?

DSCR loan rates in 2026 typically range from 7.5–9.5% depending on LTV, DSCR ratio, credit score, and property type. Rates are generally 0.5–1.5% higher than conventional 30-year fixed rates.

Loan Programs

Loan Comparison Tool

Compare DSCR loans, hard money, and conventional financing side-by-side. See monthly payments, origination fees, and 12-month total cost — instantly, no signup.

Loan Types

No W-2

DSCR

Fast

Hard Money

Lowest Rate

Conventional

Loan Amount$400,000

DSCR LoanRecommendedNo Income Docs

7.875%

Monthly Payment

$2,900

Origination Fee

$6,000

1.5 pts

12-Mo Total Cost

$40,803

30-yr fixed

Hard MoneyFast Close

11.5%

Monthly Payment

$3,833

Interest-only

Origination Fee

$12,000

3 pts

12-Mo Total Cost

$58,000

12-mo term

ConventionalW-2 Required

7.25%

Monthly Payment

$2,729

Origination Fee

$2,000

0.5 pts

12-Mo Total Cost

$34,744

30-yr fixed

Rates shown are illustrative. Actual rates vary by LTV, credit, and market conditions. NMLS #1502253

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DSCR vs Hard Money vs Conventional — Which Loan Is Right for You?

Choosing the right loan type is one of the most important decisions a real estate investor makes. DSCR loans are ideal for long-term rental investors who want to avoid income documentation — they qualify based on rental income and offer 30-year fixed terms. Hard money loans are short-term bridge loans designed for fix and flip or construction projects — they close fast but carry higher rates and fees. Conventional loans offer the lowest rates but require W-2 income verification and are harder for investors with complex income structures. AllApprovedHere specializes in DSCR and hard money lending across AZ, CA, WA, NV, and CO.