At Cambridge Capital, we finance rental properties on what they earn. Our DSCR loans start at 5.75% with up to 85% LTV, close in as few as 14 days, and never ask for tax returns or W-2s. If the rent supports the payment, we can help you move.
DSCR financing
DSCR stands for debt service coverage ratio. It measures whether a rental property earns enough income to cover its own mortgage payment. A DSCR loan qualifies you on that ratio instead of your tax returns, W-2s or employment history, which makes it the go-to tool for self-employed investors, owners with heavy write-offs and anyone building a portfolio.
A DSCR of 1.00x means the rent exactly covers the payment. Above 1.00x, the property pays for itself with room to spare. Many lenders insist on 1.0x to 1.25x. At Cambridge Capital, we can work with a floor as low as 0.75x when you bring reserves, which keeps appreciating markets, value-add properties and ramping short-term rentals in play.
See What My Rental Qualifies For →Quick example
A condo rents for $2,650 a month. After allowing 5% for vacancy, the effective rent is about $2,518. The full monthly payment (principal, interest, taxes, insurance and HOA) is $2,400:
| Monthly rent | $2,650 |
| Less 5% vacancy | ≈ $2,518 effective rent |
| Monthly PITIA | $2,400 |
| DSCR | 2,518 ÷ 2,400 = 1.05x |
| Result | The property qualifies on its own income, with no personal income documentation |
Illustrative only. Actual DSCR requirements, rents and costs vary by property, borrower and program.
In some markets, insurance is the biggest line in the payment. A $200 higher monthly premium takes this same property from 1.05x to roughly 0.97x, which is why we want a real insurance quote before we finalize terms.
Self-employed investors, owners with heavy tax write-offs, retirees, foreign nationals, and anyone scaling past the loan-count limits common on conventional financing.
No W-2s, pay stubs, tax returns or employment verification. We look at the property’s rent, your credit profile, your equity and your reserves.
Loan programs
Up to 85% LTV
Buy a rental with high leverage and qualify on the rent the property is expected to earn.
Lock in long-term financing
Replace an existing mortgage or short-term loan with permanent DSCR financing, with no income verification.
No waiting period
Pull equity out right after a purchase or renovation, without the 6-12 month wait many lenders require.
Airbnb & Vrbo income
Qualify with documented short-term-rental earnings or a market-based projection, not just a long-term lease.
30-40 yr amortized DSCR loan
Renovate with short-term capital, then refinance into long-term DSCR financing once the property is leased.
Close your way
Hold title in an LLC or other entity. Foreign nationals and first-time investors are welcome.
How we compare
| Feature | Cambridge Capital DSCR | Conventional Investor Loan |
|---|---|---|
| Qualifies on | The property’s rent (DSCR) | Your personal income and debt-to-income ratio |
| Documents | No tax returns, W-2s or pay stubs | Tax returns, W-2s, pay stubs and more |
| Ownership | LLC or entity welcome | Usually an individual borrower |
| Portfolio growth | Not capped by your personal income | Often limited as your financed properties add up |
| Short-term rentals | Documented STR income can qualify | Often long-term lease only |
| Cash-out timing | No-seasoning options | Often a waiting period after purchase |
| Speed | As few as 14 days | Often 30-45+ days |
Conventional column is a generic composite of commonly seen terms as of 2026, subject to change, and does not describe any specific lender.
Eligible properties
From a single-family rental to a small apartment building, we look at each property on its income, condition and location.
Long-term rental homes financed on the lease or market rent.
Duplexes, triplexes and fourplexes, with rent from every unit counting toward DSCR.
Reviewed with the association documents, dues and building financials in mind.
Airbnb and Vrbo properties qualified on documented earnings or a market-based projection.
Why investors choose us
We look at what the property earns and what it is worth. Your personal paperwork stays out of it, which speeds up every file.
With closings in as few as 14 days, you can compete with cash buyers and keep your contract on schedule.
Our coverage floor of 0.75x with reserves means a property that falls short of 1.0x is not automatically a no.
Short-term-rental earnings can qualify a property, so Airbnb and Vrbo investors are not forced into a lease-only box.
Close in an LLC and keep buying. There is no income ceiling holding back your next purchase.
We lend in all 50 states, so you can expand into new markets with the same Cambridge Capital team behind you.
Free tool
Enter your rent, costs and loan details to estimate your DSCR. This calculator asks for taxes, insurance and HOA separately, so you can see how each one moves your ratio. Illustrative only.
Illustrative only; not a commitment to lend. DSCR = rent × (1 − vacancy) ÷ PITIA. Between 0.75x and 1.00x can still qualify with reserves; 1.00x or higher means the rent covers the payment. The rate shown is an example; your rate depends on the property and borrower. Excludes closing costs.
What we look at
| DSCR | 0.75x floor with reserves; no personal income or employment verification |
| Leverage | Up to 85% LTV on purchase |
| Credit | 620+ FICO accepted; stronger credit earns better pricing |
| Rate | From 5.75% |
| Reserves | Required, with the amount depending on DSCR, leverage and credit profile |
| Rental income proof | Lease agreement or market rent appraisal; Airbnb/Vrbo history or projection for short-term rentals |
| Property documents | Purchase contract, insurance quote, and condo or HOA documents where applicable |
| Appraisal | Required, including a market rent schedule |
| Borrower | Individual, LLC or entity; foreign nationals and first-time investors welcome |
| Not eligible | Primary residences and second homes for personal use |
Requirements shown reflect our strongest profiles and may vary by property, borrower and market conditions.
How it works
Send the address, price or value, monthly rent and whether it’s a purchase or refinance. A short application or a phone call is all it takes.
We calculate your DSCR and send a same-day term sheet with your rate, leverage and costs, so you know your options before you commit.
We order the appraisal and market rent schedule, confirm insurance and review entity and ID documents.
Sign, fund and start collecting rent. Many DSCR loans close in as few as 14 days, and we’re here for your next purchase.
Answers
A DSCR loan qualifies you on the property’s debt service coverage ratio, which is its rental income divided by its total monthly payment, instead of your personal income or tax returns. It is the standard financing tool for investors who want their portfolio to grow based on the deals themselves.
DSCR equals monthly rental income divided by monthly PITIA: principal, interest, property taxes, insurance and HOA dues. A ratio of 1.00x means rent exactly covers the payment, and higher ratios give you more cushion.
Many lenders require 1.0x to 1.25x. We can work with a floor as low as 0.75x when you bring reserves, so a property whose rent covers 75% of the payment can still qualify. Higher ratios generally earn stronger pricing.
No. We do not use tax returns, W-2s, pay stubs or employment verification. The property’s rent, your credit profile, your equity and your reserves drive the decision.
We lend up to 85% LTV on purchases, with rates from 5.75% for our strongest profiles. Your exact leverage and rate depend on the property, its DSCR and your credit.
As fast as 14 days. Timing depends on appraisal turnaround, insurance, title work and how quickly documents are provided.
Yes. Documented Airbnb or Vrbo earnings, or a market-based projection, can be used to qualify the property, alongside or instead of a long-term lease.
Yes. We offer no-seasoning cash-out options, so you can access equity after a purchase or renovation without a long waiting period.
Yes. You can close in an LLC or other entity, and foreign nationals and first-time investors are welcome. We lend in all 50 states.
Talk to Cambridge Capital and get a same-day term sheet based on your property’s rent, with no tax returns and no obligation. Fund in as few as 14 days.
© 2026 Cambridge Capital · Commercial Real Estate Finance. DSCR loans are business-purpose loans for non-owner-occupied investment properties and are not available for primary residences. Rates, points, LTV, DSCR requirements, terms and closing timelines are illustrative, subject to change without notice, and subject to borrower, property and deal qualification and underwriting approval. “Rates from 5.75%,” “up to 85% LTV,” “DSCR floor of 0.75x” and other figures reflect the strongest profiles and are not a quote or commitment to lend. Short-term-rental income qualification is evaluated case by case. Calculator results and examples are illustrative and exclude closing costs. Comparison figures are generic market composites and are not the terms of any specific lender. This page is informational and does not constitute financial, legal, tax or investment advice. Equal Housing Lender.
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