Local mortgage broker
If you’ve been searching for a dscr loan near you, you’re in the right place. CDL Mortgage Services Inc. is a licensed, independent mortgage broker headquartered at 6524 Lonetree Blvd, Rocklin, CA 95765, serving borrowers across California, Texas, Georgia, Tennessee, Oklahoma, and Idaho. Every file is handled start-to-finish by a licensed loan officer — never a call center.
Working with a nearby broker matters. We know the local markets, the county loan limits, and the title and escrow teams in your area — and because we shop multiple wholesale lenders on every dscr loan, “near me” never means settling for one bank’s pricing. Qualify on rental income — no tax returns or W-2s needed.
Questions
A DSCR (Debt Service Coverage Ratio) loan qualifies you based on the property’s rental income relative to its monthly payment — not your personal income. If the rent covers the mortgage payment, the deal can qualify, with no tax returns or employment verification.
Most programs want a DSCR of 1.0 or higher, meaning rent equals or exceeds the full monthly payment. Some lenders allow ratios below 1.0 with a larger down payment or stronger credit. We’ll run the numbers on your specific property.
Typically 20% to 25% down for purchases. Rates and terms improve with lower loan-to-value, higher credit scores, and stronger DSCR ratios. Cash-out refinances on existing rentals are also available.
Yes — many DSCR programs accept short-term rental income documented through platforms like Airbnb and VRBO, or use market rent from the appraisal. This makes DSCR a favorite tool for vacation rental investors.
Yes. Unlike conventional loans, most DSCR programs allow you to vest title in an LLC, which many investors prefer for liability protection and portfolio management.
About Us
CDL Mortgage Services Inc. is an independent, full-service mortgage company. Instead of pushing one bank’s products, we shop multiple wholesale lenders to secure the best loan at the best rate for every borrower.
Purchase, refinance, and home equity — all under one roof, focused on the best loans at the best rates.
Based at 6524 Lonetree Blvd, Rocklin, CA 95765 and licensed in California, Texas, Georgia, Tennessee, Oklahoma & Idaho.
Every file is handled start-to-finish by a licensed loan officer who knows your name and your goals.
Fully licensed and regulated, with award-winning lender partnerships and 35+ years serving borrowers.
Find DSCR loans details for your city or county below.