DSCR / Rental Program
Rental Loan Programs Designed To Fit Your Investment
Building generational wealth starts with owning income-producing assets that perform consistently over time. The right rental financing structure can accelerate that process.
Dominion provides DSCR-based rental loan programs designed to support steady cash flow, long-term hold strategies, and scalable portfolio growth. We structure flexible capital aligned with your investment model — giving you both the leverage you need and the execution you can rely on.
RATE AS LOW AS
5.5%
Close in as little as 30 days
Maximize cash flow
No W-2s required
DSCR Loan
Program Terms
Loan Amounts
$100,000 – $3.5MM
Blanket portfolio structures available up to $5MM
Pricing
Rates starting at 5.75%
Geographic Coverage
Nationwide lending
Eligible Property Types
Residential investment properties, including long-term rentals, short-term rentals, and vacation rentals up to 10 units
Occupancy Guidelines
Long-, medium-, and short-term rental strategies permitted
Vacancy acceptable on acquisitions
No operating history required for short-term rental properties
Loan Structure
30-year fixed-rate mortgage options
Flexible prepayment structures
Partial Interest-Only options (up to 10 years)
Entity borrowing permitted (LLCs and partnerships welcomed)
Leverage
Up to 80% LTV for acquisitions and rate/term refinances
Up to 75% LTV for cash-out refinances
Income Qualification
No personal income documentation required
Tax returns and traditional DTI calculations are not evaluated
DSCR Requirement
No minimum DSCR threshold
Credit Profile
Minimum credit score: 640
Portfolio Rental Financing
Have several rental properties already? Looking to streamline as you scale?
Our portfolio loan lets you consolidate multiple rental properties under one financing structure — simplifying management and freeing up bandwidth to focus on acquiring the next opportunity.
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Program Highlights
✓ Finance two or more rental properties under a single loan structure
✓ Fixed-rate, adjustable-rate, fully amortizing, or interest-only options
✓ Flexible prepayment structures designed to preserve exit optionality
From seasonality to projected occupancy,
Short-Term Rental Financing
Short-term rental investments require more than a standard loan program. From seasonality to projected occupancy, the structure needs to reflect how these properties actually perform.
Dominion offers a dedicated short-term rental financing solution designed for investors leveraging Airbnb, vacation rental, and other STR models, with underwriting tailored to the asset, not just the borrower.
Program Highlights
✓ Up to 75% LTV on purchases
✓ Up to 70% LTV for cash-out refinances
✓ Minimum credit score: 660
✓ Flexible loan structures aligned with your investment strategy
✓ Fixed-rate, adjustable-rate, fully amortizing, interest-only, or balloon options
✓ Underwriting based on short-term rental performance data
Frequently Asked Questions
Rental Loans
How do I obtain financing for a rental property?
To qualify for business-purpose rental financing, the property must be held or acquired in an LLC or similar entity. Rental loans may be used for purchase, refinance, cash-out, or cross-collateralization strategies.
Available leverage is determined by the appraised value of the property and its demonstrated or projected cash flow, measured by debt service coverage ratio (DSCR). A minimum 640 credit score is required.
What is the application process for a rental loan?
Investors begin by requesting a quote and submitting property details. Once terms are reviewed and accepted, a formal application is completed and supporting documentation is provided.
For refinances, borrowers must supply current leases, rent verification, and relevant property documentation to validate income. For acquisitions, a fully executed purchase agreement is required.
How do you qualify for a DSCR loan?
Qualification is based on credit profile, liquidity, and property-level performance. Dominion evaluates the property’s ability to service its debt through DSCR analysis.
A minimum 1.0 DSCR is required. Properties with DSCR of 1.2 or greater may qualify for preferred pricing and enhanced leverage. No minimum DSCR threshold available
How is rental income verified?
For refinance transactions, current leases and rental history are reviewed to confirm income. For new purchases or vacant properties, market rent projections are utilized to determine income assumptions.
Are origination fees tax deductible?
Investors should consult a qualified tax professional regarding the treatment of loan-related expenses associated with business-purpose investment properties.
Can a DSCR loan be refinanced?
Yes. Investors frequently refinance DSCR loans for rate improvement or to access equity through cash-out transactions. Borrowers should review any existing prepayment provisions and consider how rate structures (fixed, ARM, or interest-only) affect their refinance strategy. Cross-collateralization may also be considered for portfolio expansion.
How is net operating income calculated?
Net operating income (NOI) is calculated by subtracting operating expenses from gross property revenue. Debt service is factored into DSCR calculations separately. NOI may also account for recurring property expenses and capital expenditures.
What underwriting criteria are used?
Borrower underwriting evaluates credit score and liquidity. Property underwriting includes a current appraisal and analysis of rent history or market rents to confirm DSCR compliance.
For short-term rentals, underwriting guidelines are adjusted to reflect the variability of STR income.
What seasoning is required?
A minimum of three months seasoning is typically required for DSCR refinances. Seasoning may be waived for internal refinances from Dominion fix-and-flip, new construction, or bridge loans.
What property types are eligible?
Eligible properties generally include non-owner-occupied single-family residences, multifamily properties up to nine units, and warrantable condominiums. Additional property types may be considered subject to underwriting review.
Are foreign nationals eligible?
Foreign national borrowers may qualify for rental financing, even without established U.S. credit. Additional documentation and underwriting requirements apply.