DSCR cash-out refinance for rental property investors.

Pull equity out of your rental and qualify on the property's income — not your tax returns, W-2s, or personal debt-to-income ratio. Built for investors scaling past conventional loan limits.

  • No tax returnsQualify on rent, not personal income
  • Up to 75–80% LTVTypical cash-out caps by program
  • (480) 485-1229Talk to a DSCR specialist

How much could you pull out?

Rough sizing in seconds. Get exact numbers with a free quote.

What is a DSCR cash-out refinance?

A DSCR cash-out refinance replaces your current rental-property loan with a larger one and gives you the difference in cash. It qualifies on the property's rental income covering the new payment — measured by the debt service coverage ratio — instead of your personal income, tax returns, or employment.

Why investors use it

  • Fund the next down payment without selling a performing rental
  • Pay off short-term hard money or bridge loans with long-term financing
  • Renovate to raise rents, then refinance again at the higher value (BRRRR)
  • Keep scaling past the 10-financed-property conventional cap

How lenders size it

  • LTV cap: most cash-out programs allow 70–80% of appraised value
  • DSCR test: gross rent divided by the new PITIA payment, often 1.00–1.25 minimum
  • Credit: minimums commonly start at 620–680 depending on program
  • Reserves: typically 3–6 months of payments left after closing

Guidelines vary by lender and program — see full DSCR loan requirements.

How a DSCR cash-out refinance works

Four steps from application to cash in hand — usually in 3 to 6 weeks.

  1. Share your property numbers

    Value, balance owed, monthly rent, and property type. No tax returns or pay stubs — start here or call (480) 485-1229.

  2. Get your max cash-out quote

    We run your LTV and DSCR against current programs and show the loan amount, payment, and cash proceeds side by side.

  3. Appraisal and underwriting

    A licensed appraiser confirms value and market rent (often with a rent schedule). Underwriting verifies credit, reserves, and the lease.

  4. Close and receive funds

    Sign, fund, and put the equity to work — your next purchase, rehab, or reserves.

Which DSCR refinance fits your goal?

Three loan purposes, one qualification method — the property's cash flow.

Most popular

Cash-out refinance

Borrow more than you owe and keep the difference. Best for harvesting equity for acquisitions, rehabs, or reserves. LTV caps run lower than purchases — typically 70–80%.

Get a cash-out quote →

Lower payment

Rate-and-term refinance

Replace your rate or term without taking cash out — the classic hard-money exit into a 30-year fixed. Often allows slightly higher LTV than cash-out.

Compare refinance options →

Buy more doors

DSCR purchase loans

Buy your next rental qualifying on its projected rent. Down payments typically 20–25%, no personal-income underwriting, LLC vesting available.

Explore all financing options →

DSCR cash-out questions, answered directly

Short answers investors actually search for. Read all 20 questions →

Do I need tax returns or W-2s for a DSCR cash-out refinance?

No. DSCR underwriting qualifies on the property's rental income covering the new payment — not your personal income, employment, or tax returns. That is why self-employed investors and high write-off borrowers use DSCR loans. Lenders still check credit, reserves, and the property itself.

How much cash can I pull out of my rental?

Up to your program's LTV cap minus what you owe — most DSCR cash-out programs cap at 70–80% of appraised value, and the new payment must still pass the DSCR test (often 1.00–1.25). On a $400,000 rental at 75% LTV with $220,000 owed, that is roughly $80,000 before closing costs.

Can I close a DSCR loan in an LLC?

Yes — most DSCR programs allow vesting in an LLC or other entity, which conventional agency loans generally do not. Expect to sign a personal guaranty. Entity documents are reviewed during underwriting.

Is there a seasoning requirement before a DSCR cash-out?

It depends on the program. Many DSCR lenders allow cash-out with little to no seasoning once the property is leased and the appraisal supports value — a major advantage over conventional cash-out, which typically requires 6–12 months of ownership. Some programs require 3–6 months.

Get your free DSCR cash-out quote

Two minutes. No credit pull to start — we run your numbers against current programs and show your max cash-out.