# **Fast, Easy, and Flexible DSCR Rental Loans**

Grow your real estate business further with Upright’s DSCR Rental Loans. We provide fast and reliable long-term funding tailored to meet your rental business needs.

[Learn More](https://www.upright.us/loans/dscr-rental#dscr-info)

### Upright DSCR Rental Loans offer:  
- Competitive Rates  
- Flexible terms  
- Interest-only Options  
- Local territory managers  
- Dedicated 24/7 support

# Apply for DSCR funding

Please take a few moments to answer these questions to help us qualify your DSCR loan application.

\* \- Indicates that the field is required.

## Step 1 of 5  
- First Name \*  
- Last Name \*  
- Email \*  
- Phone number \*  
- Applying for a current project? \*Please Select  
  - Yes, I have a project I need funding for  
  - No, I want to find out about future funding opportunities

Help us determine your level of qualification by answering the following questions.

\* \- Indicates that the field is required

\*\* \- Currently we are not accepting DSCR applications with FICO scores below 640

## Step 1 of 5  
- Number of Partners in Borrowing Entity: \*  
- What is the estimated FICO scores of Entity Members (PGs)? \*  
  - 760+  
  - 740 - 759  
  - 720 - 739  
  - 700 - 719  
  - 680 - 699  
  - 660 - 679  
  - 640 - 659  
  - Please Select (scores under 640 not accepted)  
  - 620 - 639  
  - Below 620  
- Is there any relevant background information to share (i.e. bankruptcy, foreclosure, short sale, felonies, financial crimes, judgments, collections, etc.)? \*  
- Number of rental/income producing properties currently owned: \*  
  - 1  
  - 2  
  - 3 - 5  
  - 6+

You may submit the application now or continue to provide more loan and property information. Providing complete information will help accelerate your application.

## Tell us about the property and your loan requirements.

Please answer the questions to the fullest extent possible for help determining your application's level of qualification.

## Step 1 of 5  
- What kind of loan are you looking for?  
  - Purchase/Acquisition  
  - Rate & Term (No Cash Out)  
  - Cash Out Refinance  
  - Delayed Purchase (Refi from all cash purchase)  
  - Other  
- What is the address of the subject property?  
- What is the subject property type?  
  - Single family residential (SFR)  
  - Duplex  
  - 3 - 4 Unit  
  - 5 - 10 Unit  
  - Townhome  
  - Condo  
  - Manufactured (Affixed to Perm Foundation)  
- If currently owned, when was the property purchased?

## Tell us about the property and your loan requirements (continued).

Please answer the questions to the fullest extent possible for help determining your application's level of qualification.

## Step 1 of 5  
- What is the current or after repair value (ARV) of the subject property?  
- What is your desired loan amount?  
- What is the outstanding balance of your current first lien mortgage secured to the property?  
- What is the outstanding balance of any secondary liens secured to the property?  
- What is the contractual and/or desired Close of Escrow (COE) date?

## Tell us about the property and your loan requirements (continued).

Please answer the questions to the fullest extent possible for help determining your application's level of qualification.

## Step 1 of 5  
- Is the property currently rented?  
  - Yes  
  - No  
- What is the current leased amount?  
- What is the estimated market rent amount?  
- Annual Property Taxes (City & County):  
- Annual Insurance Premium (including homeowners/dwelling, flood and wind/hurricane, if applicable):  
- Annual HOA Fees (if applicable):  
- What else would you like us to know?

## Issue Details

## Types of DSCR Rental Loans we Provide  
- 30-year adjustable rate mortgage (ARM), fixed rate, or interest only  
- 15-year adjustable rate mortgage (ARM), fixed rate, or interest only

|     |     |  
| --- | --- |  
| Loan-to-Value (LTV) | 80% for purchases or rate/term refinances<br>75% for cash-out refi |  
| Minimum loan amount | $100,000 |  
| Project Types | • Single-family residence (including modular)<br>• 2–4 unit residences<br>• Condominiums<br>• Townhomes<br>• Multi-family properties up to 8 units<br>• No mixed-used |  
| Debt-to-income considerations? | No |  
| Personal/business income verification? | No. Only subject rental income! |

## What is a DSCR Rental Loan?

A Debt-Service Coverage Ratio (DSCR) Rental Loan is a type of non-qualifying mortgage (non-QM) loan used by real estate investors to help them qualify for a loan based on their property's cash flow, without having to verify personal income. DSCR is the ratio of cash flow a borrower has against the borrower’s current debt obligations for an investment property.

## Why get a DSCR Rental Loan?

### Scale Fast

DSCR Rental Loans allow you to scale your rental real estate portfolio faster than working with conventional banks, which have strict requirements and slow closings, or a private lender who has limited funds. Fewer requirements and flexible long-term financing (and refinancing) provides better access to more capital which will help you scale your business faster.

Traditional mortgages can only be obtained by an individual. DSCR Rental Loans allow you to borrow as an entity or LLC which adds an extra layer of protection to your personal assets if anything goes wrong.

Refinance your hard money bridge loan into a long-term DSCR Rental Loan. Eliminate the tight restrictions of traditional funding with a DSCR rental loan which offers no hard credit checks, no debt-to-income considerations, and no personal/business income verification. Refi, finance a new project, or free up cash with DSCR Rental Loans.

### BRRRR (Buy, Renovate, Rent, Refinance, Reinvest)

DSCR Rental Loans are perfect for real estate investors using the BRRRR investing strategy. Refinance your hard money bridge loan into a long-term DSCR rental loan for lower interest rates and access to more capital. The BRRRR Investment Strategy is a hybrid flip/rental strategy where an investor **B** uys a fixer-upper property at a discount, **R** ehabs the property, **R** ents the property to a long-term tenant and **R** efinances the property to cash-out their equity in the deal to be **R** e-invested in new deals to continually grow their portfolio.

## Why get a hard money loan with Upright?

As you’ve probably already experienced, maintaining and growing a network of private lenders is time-consuming and inefficient — and that network has limited finances. Give your business the advantage by working with Upright.

### Reliable Financing

We’re a direct hard money lender with a diverse capital stack — which means we can fund your project, we can fund it fast, and we can continue funding it as each project progresses.

### Local Team

When was the last time your lender visited your jobsite? We have Territory Managers and Regional Sales Directors throughout the U.S. — many who invest in real estate themselves.

### Scalability

With private lenders, you can take on only as many projects as your network can finance. With us, bring us the good deals, and we’ll fund them. Many of our borrower partners double their completed projects when they start working with us.

### 24/7 Support

Beyond our local teams, we have an entire in-house team dedicated to you and your business. We guide you through every step of the loan process, close faster than anyone in the industry, and make sure your draws are fast and accurate.