Qualify on rental income — no tax returns or W-2s needed
DSCR investment property loans in California, Texas, Georgia, Tennessee, Oklahoma, and Idaho that qualify on the property’s rental income — not your personal income. No tax returns, no W-2s, no employment verification. CDL Mortgage helps investors scale their portfolios.
Why CDL
CDL Mortgage Services Inc. is a full-service mortgage company focused on securing the best loans at the best rates. As an independent broker, we aren’t tied to one bank’s products — we shop multiple wholesale lenders for every DSCR loan to find the strongest pricing for your scenario.
Every file is handled start-to-finish by a licensed loan officer, not a call center. From fast pre-approval through underwriting and closing, you’ll always know exactly where your loan stands.
Requirements
General guidelines — final qualification depends on the lender, property, and your full financial profile.
Calculator
Estimates only. Mortgage insurance and HOA dues are not included. Your actual payment depends on your final rate, program, taxes, and insurance premiums.
How It Works
A DSCR loan qualifies the property, not you. The lender compares the rent the property produces to the payment it must support — your personal income and tax returns never enter the calculation.
Gross rent divided by principal, interest, taxes, insurance and any HOA dues. A ratio of 1.0 means the property covers itself.
A 1007 rent schedule from the appraiser or an executed lease sets the income side of the equation.
Typically 20–25% down with a mid-600s or higher score. Better ratios and credit unlock better pricing.
Most DSCR loans can close in an LLC, which is why investors prefer them over conventional financing.
No tax returns, no W-2s, no debt-to-income calculation. Reserves and the property itself carry the file.
There is no agency cap on the number of financed properties, so you can keep buying.
Your Options
The structure you choose changes your cash flow and your ability to buy the next property.
Honest Advice
DSCR is the workhorse of modern rental financing, with clear trade-offs against conventional investment loans.
Write-offs that crush your taxable income are irrelevant here — only the rent matters.
No financed-property limit means you can keep scaling past where conventional stops you.
Title in an entity for liability separation without triggering a due-on-sale problem.
DSCR rates run above conventional investment pricing. The trade is speed, simplicity and scalability.
If rent barely covers the payment, the ratio fails. We screen the deal before you spend on an appraisal.
Most DSCR loans carry one. We show you the options and what buying it out costs.
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.
Ready when you are
Same-day pre-approvals, dozens of wholesale lenders shopped for you, and one licensed loan officer from application to keys in hand.