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DSCR

Standard

We recognize potential beyond traditional metrics. Qualify with a DSCR of 1.00x or greater, a solid credit history, and a meaningful down payment. As a CDFI, we proudly support underbanked communities—evaluating the full picture of each borrower, not just the basics.

Download program flyer
View guidelines

The information on this page is provided for the benefit of mortgage professionals and not intended for consumers or the general public.

Program Details

Qualification

  • Qualify using subject property income ONLY
  • Minimum 1.00x or higher DSCR
  • Rent divided by PITI(A). No vacancy factor, no operating expenses, no management fee, no replacement reserves.
  • No DTI1 or global calculated
  • No tax returns or W2s required. Not a bank statement program.
  • No statement/verification of income or employment required

Asset verification

  • 1 month bank statement (covering at least 30 days)
  • Cash-out proceeds may be used towards reserves2
  • 100% Gift funds allowed for down payment and closing costs (after borrower has documented a 10% minimum borrower contribution)

Program highlights

  • Purchase & rate/term refinance up to 75% LTV
  • Cashout up to 70% LTV
  • Cash-out refinance max $500,000 cash in hand
  • 1-4 units, condos and PUDS
  • Loan amounts up to $2M
  • Minimum 700 FICO
  • 5/6 ARM3, 15 or 30 year fixed
  • Corporations and LLCs accepted
  • First time homebuyers and borrowers who do not own a primary residence are eligible; must do the loan in the name of a Corp or LLC
  • Subject properties located in the following States4 are limited to ARM3 products ONLY: AK, DC, IL*, KS, MI, MN, NJ*, NM, RI, PA

* Fixed rate option available for IL & NJ for loans that are closed in name of Corp or LLC

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States That Require A License To Close A DSCR Loan

*Restrictions may apply, please contact your Account Executive for more info

Restriction Information PDF

Disclosure:

This is intended for Mortgage Broker professionals. All lending products are subject to credit & property approval. Rates, program terms & conditions are subject to change without notice. Not all products are available in all states or for all amounts. Other restrictions & limitations apply. Quontic Bank name & logo are registered trademarks. ©️ 2024 Quontic Bank. All rights reserved.

Information is accurate as of the date listed below and may change without notice.

May 29, 2025

1 Debt-to-income

2 Reserve requirements subject to loan amount
3 Adjustable-Rate Mortgage
4 Properties located in HI lava zones 1 & 2 are not eligible