INVESTMENT PROPERTY — Purchase Loan Types
1. DSCR Loan (Debt Service Coverage Ratio)
- Qualifies using rental income, not personal income
- Perfect for: Long‑term rentals, short‑term rentals, BRRRR investors
- Down payment: 20–25% typical
- No tax returns, no W‑2s, no pay stubs
2. Conventional Investment Loan
- Down payment: 15–25%
- Rental income can help qualify
- 1–4 units allowed
3. Non‑QM Investor Loans
- Bank statement investor loans
- Asset‑based loans
- Interest‑only options
- Great for: Investors scaling portfolios or with complex income
4. Hard Money / Bridge Loans
- Asset‑based
- Fast close
- Higher rates
- Best for: Fix‑and‑flip, short‑term holds, competitive offers
5. Commercial Loans (5+ Units)
- DSCR‑based
- NOI + cap rate driven
- Best for: Apartment buildings, mixed‑use, gas stations, retail, etc.
- Matches the commercial offerings shown on your DSCR/gas‑station loan page