Finance your investment.
Finance your investment with accessible DSCR loans offered by our lending partners.
Financing made accessible.
No residency
You do not need to live in the United States, hold a visa or have a U.S. address. You qualify by having a U.S. LLC, which we can create for you.
No credit
Foreign buyers qualify without a FICO score. If you have one, the minimum is 680.
No travel
No need to sign documents in person. The loan closes remotely, in up to 30 days.
What is a DSCR loan?
Instead of your salary or your credit history, the lender looks at one thing: whether the rent the property earns covers the payment on the loan. If it does, the property carries the loan on its own.
Debt-service coverage ratio (DSCR)
For every $1 of loan payment, the rent brings in $0.90.
The rent falls short of the payment. The loan can still go ahead on your income instead, with a debt-to-income ratio of up to 50 percent.
For every $1 of loan payment, the rent brings in exactly $1.
The rent covers the payment to the dollar. This is the line the lender is looking for.
For every $1 of loan payment, the rent brings in $1.27.
The rent covers the payment with room to spare. This is the shape lenders like.
If the property alone does not clear it, your own income can: a debt-to-income ratio of up to 50 percent qualifies.
We estimate the rent, cost out the property and show you the ratio a lender will see, before you commit to anything.
This is an explanation of how these loans are assessed, not a quote, a pre-qualification or an offer of credit. Every figure is set by the lender and subject to its approval.
The loan terms.
Interest rate*
The starting rate, on 30-year fixed and adjustable loans. The lender sets yours.
Loan-to-value
The lender finances up to three quarters of the price. You put down the rest, at least 25 percent.
Minimum loan amount
Minimum loan value is $75,000, allowing for a wider array of properties to be financed.
Minimum DSCR
The rent can fall to three quarters of the payment and the loan can still work, with your income covering the gap.
Closing
From application to funding, at most, and entirely remote. Nothing is signed in person.
Term
Fixed or adjustable rate, and up to 30 years loan term.
*Lowest rate available at the time of writing, through third-party lenders. Rates may change or be unavailable at closing and are subject to lender approval.
What happens next.
01You get started
Contact us and get started by preparing to invest. We will work with you to identify your goals, budget and preferred property type.
02We find the property
Our partner brokers will find the best properties for you to invest in based on your plan. Choose the one you wish to buy, and we will run the numbers to determine viability.
03We work with the lender
We will coordinate with our lending partners to obtain financing for your property in up to 30 days.
Questions about financing.
The debt-service coverage ratio: the property’s rent after operating costs, divided by the monthly loan payment. Above 1.0 means the rent covers the payment on its own, which is how these loans qualify. We work the ratio out with you on every property we present, before you commit to anything.
Up to 75% of the purchase price, with a minimum loan of $75,000. You put down the remaining 25% or more.
Rates start at 6.25% at the time of writing, on 30-year fixed or adjustable loans. Your rate is set by the lender and may change or be unavailable at closing.
Neither. Foreign buyers qualify without a FICO score, a visa or a U.S. address. If you do have a U.S. credit score, the minimum is 680.
You can qualify on your income instead, with a debt-to-income ratio of 50 percent or less, or put more down so the payment comes in under the rent.
Single-family homes, condos, townhouses and multi-family buildings, bought as rentals.
In your LLC’s. The lenders lend to the entity that owns the property, which is the U.S. LLC Rentalogic forms for you at the start of the process.
Your passport, proof of the down payment and a few months of reserves, your LLC documents and, if the property is already rented, the lease. The lender confirms the exact list.
After you have chosen the property. You tell us at the start whether you want financing, we find the property with that in mind, and once you have chosen one we work with the lender to close the loan, remotely, in up to 30 days.
No. Loans are made and underwritten by third-party lenders we introduce you to. Rentalogic is not a lender or mortgage broker, and may receive compensation from the lender when a loan closes.
Rentalogic is not a lender or mortgage broker and is not licensed by the Florida Office of Financial Regulation. All loans are made and underwritten by third-party lenders and are subject to their approval. Rates, including any rate shown on this page, may change or be unavailable at closing. Rentalogic may receive compensation from a lender when a loan closes.
Let’s get started.
Tell us your budget and your goal. We come back with a plan, the numbers, and the exact costs.