Investors & self-employed
Financing for rental properties and business owners.
Traditional loans want W-2s and tax returns that tell a simple story. DSCR and bank statement loans are built for investors and self-employed borrowers whose paperwork doesn’t.
DSCR loans
Qualify on the property’s rent, not your paycheck
A Debt Service Coverage Ratio loan compares a rental property’s monthly rent to its full monthly payment: principal, interest, taxes, insurance, and HOA. If the rent covers the payment, the property can qualify without your personal income documentation.
Many lenders look for a ratio of 1.00 or higher, and a stronger ratio can improve your options. Some will go below 1.00 with a larger down payment.
Run the DSCR calculatorTypical DSCR fits
- Long-term rentals, 1–4 units
- Short-term rentals (Airbnb/VRBO) with some lenders
- Buying or refinancing in an LLC
- Cash-out refinance to fund the next purchase
- Investors with several financed properties
DSCR loans are non-QM investment loans. Pricing, down payment, and reserve requirements differ from conventional loans.
Bank statement loans
Self-employed? Your deposits tell the story.
Business owners write off a lot, which is smart for taxes and tough for a traditional mortgage. Bank statement loans calculate qualifying income from 12 or 24 months of personal or business bank deposits instead of your tax returns.
These loans can be used for a primary home, a second home, or an investment property.
What lenders typically ask for
- 12 or 24 months of bank statements (all pages)
- Proof you’ve been self-employed, commonly two years
- A CPA letter or business license, depending on the lender
- Asset statements for down payment and reserves
Quick quote
Tell me about the deal
Share a few details and I'll reach out, usually the same business day, to talk through options. This is a conversation, not an application — no Social Security number and no credit pull.
- Call/Text(609) 665-3460
- Emaildhutchison@nexalending.com
- NMLS#63021