DSCR Second Mortgages
Tap Into Your Investment Property's Equity
Access cash from your rental property based on its cash flow, not your personal income. A powerful tool for savvy real estate investors.
How a DSCR Second Mortgage Works
Qualify on Rental Income
The property's cash flow is used to qualify, not your personal W-2s or tax returns.
Keep Your 1st Mortgage
Access equity without disturbing your existing low-rate first mortgage.
Cash Out for More Deals
Use the funds as a down payment for new investments or to improve your current properties.
Loan Parameters At-a-Glance
DSCR 2nd Mortgage Loan Highlights
This no-income verification loan allows you to cash out equity while keeping your primary mortgage intact. Whether you need capital for new investments, property improvements, or expanding your portfolio, a DSCR 2nd mortgage loan provides flexible and fast financing.
Why Choose a DSCR 2nd Mortgage?
- No Income Verification Required: Qualify based on rental income, not personal income.
- No Tax Returns or W-2s Needed: Ideal for full-time investors and self-employed individuals.
- Cash-Out Available: Access home equity for future investments.
- Works for Single & Multi-Unit Properties: 1-4 unit residential properties are eligible.
- Fast Funding & Flexible Terms: A streamlined approval process gets you funds quickly.
Who Can Benefit from a DSCR 2nd Mortgage?
- Real Estate Investors looking to scale their portfolio.
- Landlords & Rental Property Owners who can use rental income to qualify.
- Fix-and-Flip Investors who need access to cash for property rehab.
- Short-Term Rental Investors (Airbnb, VRBO, etc.) who can qualify based on rental revenue.
Non-QM Fixed Rate Second Mortgage Loan Program Terms:
- Up to 90% CLTV Primary Homes
- Up to 80% CLTV Investment Property
- Eligible for Investors & Self Employed
- 660 Min FICO
- 1 Year Full Doc
- 1 Year Alt Doc (Bank Statements, 1099, P&L)
- Fixed Rate for 10/15/20/30 Years
- Up to $550,000 Loan Amount
- Up to 50% DTI
Get an Instant Mortgage Rate Quote from The Mortgage Calculator
Get Your Quick Quote
Real-time mortgage pricing across conventional, FHA/VA, DSCR, bank statement, non-QM and more. Compare options and move to a full application when ready.
Programs We Price
Conventional, FHA, VA, USDA, jumbo, investor DSCR, bank statement, asset depletion, non-QM, HELOCs and more.
How Quotes Work
We use your scenario (location, credit band, property/occupancy, LTV) to match eligible programs and display live-like rates.
Next Steps
Lock a rate or continue to the full 1003. Your MLO team helps optimize terms and documentation for a smooth closing.
Loan Programs Available: FHA Mortgage Calculator, Conventional Mortgage Calculator, VA Mortgage Calculator, USDA Mortgage Calculator, Non-QM Mortgage Calculator, DSCR Mortgage Calculator, Fix & Flip Mortgage Calculator, Construction Mortgage Calculator, JUMBO Mortgage Calculator
Frequently Asked Questions for Second Mortgage Loans
About The Mortgage Calculator
The Mortgage Calculator is a licensed Mortgage Lender (NMLS #2377459) specializing in using technology to provide access to Conventional, FHA, VA, and USDA Programs, as well as thousands of Non-QM mortgage loan variations.
Our team of over 450 licensed Loan Originators can assist with Bank Statement Mortgages, DSCR Investor Mortgages, Commercial Mortgages, Fix and Flip Mortgages, and thousands more!