Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

29
Posts
2
Votes
M. Greger
2
Votes |
29
Posts

User Stats

394
Posts
146
Votes
Brandon Croucier
Lender
#4 Creative Real Estate Financing Contributor
  • Lender
  • Newport Beach, CA
146
Votes |
394
Posts
Brandon Croucier
Lender
#4 Creative Real Estate Financing Contributor
  • Lender
  • Newport Beach, CA
Replied

Depending on your credit, prepayment and LTV's.

Rates are anywhere from 6.5%-8 % right now

User Stats

1,690
Posts
1,702
Votes
River Sava
Pro Member
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
1,702
Votes |
1,690
Posts
River Sava
Pro Member
#1 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
  • Lender
  • USA
Replied

Rates/terms depend primarily on the DSCR ratio, LTV, and FICO so it is hard to say without looking at the numbers. On avergae we are seeing 7% give or take.

Are you looking into a specific property? 

  • River Sava
  • [email protected]
  • Baselane logo
    Baselane
    |
    Sponsored
    Baselane is the Ultimate All-In-One Banking Platform for REI Built with integrated rent collection & bookkeeping to save time so you can grow your RE business.

    User Stats

    3,541
    Posts
    1,095
    Votes
    Erik Estrada
    Lender
    • Lender
    1,095
    Votes |
    3,541
    Posts
    Erik Estrada
    Lender
    • Lender
    Replied

    Depends on the LTV, PPP, and FICO but I am seeing 5.99-8.5%

    User Stats

    1,441
    Posts
    488
    Votes
    Devin Peterson
    Lender
    • Lender
    488
    Votes |
    1,441
    Posts
    Devin Peterson
    Lender
    • Lender
    Replied
    Quote from @M. Greger:

    What are the interest rates and loan terms typically associated with DSCR rental loans?

    Lots of variables to take into account here:

    - credit, ltv, DSCR score (based of rent / anticipated PTIT(A), experience


    Are you looking for a purchase or refi transaction? 

    User Stats

    72
    Posts
    3
    Votes
    Replied

    Interest rates and loan terms for DSCR rental loans can vary. Generally, you can expect different rates and terms depending on the lender and your financial situation. I'd suggest to check with a few lenders to see what they offer.

    Are you looking into a specific property?

    User Stats

    110
    Posts
    41
    Votes
    Debbie Fales
    Lender
    • Lender
    • Annapolis, MD
    41
    Votes |
    110
    Posts
    Debbie Fales
    Lender
    • Lender
    • Annapolis, MD
    Replied

    Right now, our DSCR rates start in the mid to high 6s but we also offer a zero-point option with a slightly higher rate. With no points, closing costs are reduced. This appeals to some of our borrowers who are more concerned with limiting their initial cash outlays than with the rate. As others have mentioned, your specific rate would depend on experience, credit score, and leverage.

    Best of luck to you!

    • Lender

    User Stats

    4,259
    Posts
    4,167
    Votes
    Robin Simon
    Pro Member
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    4,167
    Votes |
    4,259
    Posts
    Robin Simon
    Pro Member
    #3 Private Lending & Conventional Mortgage Advice Contributor
    • Lender
    • Austin, TX
    Replied

    Published a couple of articles on this exact question here on BP last year - these should be a helpful reference

    DSCR Loans: What Are They And How To Get The Best Terms

    https://www.biggerpockets.com/...

    DSCR Loans: How To Use Pro Strategies To Save More And Make More

    https://www.biggerpockets.com/...

  • Robin Simon
  • [email protected]
  • User Stats

    38
    Posts
    6
    Votes
    Emanuele Mayer
    • Lender
    6
    Votes |
    38
    Posts
    Replied

    Vary by many factor and those factor are:

    Credit score, downpayment, DSCR ratio, prepayment penalty.

    User Stats

    1,328
    Posts
    291
    Votes
    Jacob Sherman
    Pro Member
    • 12 Penns Trail Suite 138 Newtown, PA 18940
    291
    Votes |
    1,328
    Posts
    Jacob Sherman
    Pro Member
    • 12 Penns Trail Suite 138 Newtown, PA 18940
    Replied

    ive seen them lately into the 6's

  • Jacob Sherman
  • [email protected]
  • 267-516-0896