Commerical DSCR Loans

No Income Verification Financing for Multi-Family & Mixed-Use Properties

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What to Expect

Commercial DSCR Financing at a Glance

Loan Amounts

$150,000 - $5,000,000

Competitive Rates

Starting at 11.24%

Maximum LTV

Up to 75%

Flexible Terms

30-year amortization

Commercial DSCR Loans 101

What are Commercial DSCR Loans?

Commercial DSCR loans are specialized financing solutions that focus on property performance rather than personal income verification. Our NIVA (No Income, Verified Assets) program enables investors to qualify based on the property's debt service coverage ratio, making it ideal for multi-family and mixed-use properties with majority residential units.

How do Commercial DSCR Loans Work?

These loans evaluate the property's ability to generate sufficient income to cover its debt payments. For loans over $500,000, we require a minimum DSCR of 1.20 for multi-family and mixed-use properties. The program offers flexible terms including 5-year interest-only options and competitive rates based on credit profile.

Benefits of Getting a Commercial DSCR Loan Through Joseph Capital Network

Streamlined Income Verification

Skip the traditional income documentation process with our NIVA program. We focus on property performance metrics rather than personal tax returns or financial statements. This approach significantly reduces paperwork and accelerates the approval process, letting you close deals faster.

Flexible Property Types

Finance a variety of commercial property types including multi-family buildings and mixed-use properties with retail or office components. Our program adapts to different property configurations as long as the majority use is residential. This flexibility allows you to diversify your investment portfolio across various commercial asset types.

Competitive Rate Structure

Access tiered pricing based on your credit profile, with rates starting as low as 11.24% for purchase transactions. Our transparent rate matrix rewards strong credit scores with better pricing, while still offering competitive options across all credit tiers. The program includes rate reduction options through point contributions and flexible prepayment structures.

Foreign National Friendly

Welcome international investors with our specialized foreign national program offering up to 65% LTV. We understand the unique needs of overseas investors and have structured our program to accommodate foreign national borrowers. Our streamlined process makes it easier for international investors to access U.S. commercial real estate opportunities.

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Minimum Requirements to Qualify

Our Commercial DSCR program focuses on property performance and location quality:

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- 650+ FICO score

- Property in eligible state

- Neighborhood Scout Score 16+

- 1.20 DSCR for loans >$500,000

- Mixed-use properties must be majority residential

- Clean title

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Understanding Commercial DSCR Requirements

Success in fix and flip projects requires more than just meeting minimum qualifications. We evaluate each application based on

Property Standards

Properties must be located in eligible states with a Neighborhood Scout Score of 16 or higher. Mixed-use properties need majority residential usage with quality retail or office components.

Financial Parameters

Minimum DSCR requirements vary by loan size, with larger loans requiring 1.20+ for multi-family and mixed-use properties. Competitive LTV options up to 75% available based on credit profile.

Program Structure

30-year amortization with 5-year interest-only options available. Includes 5-year declining prepayment penalty with flexibility to reduce prepay terms.

If you meet these minimum requirements, you will then need to meet a plethora of additional financing and industry-based requirements that will be based on the size of the loan along with the intended use of the loan.