Articles on: Investing

Do I need to verify my personal income for a Debt Service Coverage Ratio (DSCR) loan?

If you’re using the rental income to support your investment property application (a Debt Service Coverage Ratio loan - DSCR), then the good news for you is you won’t need to dig up a W2 and verify your personal income..

That’s the beauty of DSCR loans. They allow you to grow your portfolio beyond the number of properties your personal income can support using conventional loans because their approval is based on verifying the property’s rental income, not your personal income.

Updated on: 08/06/2023