Using DSCR Loans for Real Estate Investments
Why Savvy Investors Are Using Them
Finance Your Next Real Estate Investment Without Using Tax Returns or Any Other Proof of Income
The Power of DSCR Loans
The ultimate financing engine for sophisticated investors looking to scale their portfolios without the friction of traditional banking.
Zero Income Verification
Say goodbye to W-2s and tax returns. We qualify the property’s income, not yours. Ideal for self-employed and high-net-worth investors.
Frictionless Process
A streamlined documentation process designed for speed. Less red tape means you spend more time finding deals and less time hunting for files.
Institutional Velocity
In a competitive market, speed is your greatest asset. We close DSCR loans significantly faster than conventional mortgages to help you secure the winning bid.
Unlimited Scalability
Don’t be limited by the 10-loan conventional cap. With our DSCR programs, you can hold unlimited loans to build a massive nationwide portfolio.
Available for Multi-Family, Single-Family, and Short-Term Rentals. Contact Kelly Fest for a custom loan scenario.
What DSCR Ratio is Considered Ideal?
DSCR Investment Property ROI Calculator
Purchase & Loan
Income & Expenses
Projections & Sale
Projections & ROI Summary
Monthly PITI
Year 1 Analysis
Projections at Sale
Total Return on Investment
Why Choose NEXA Mortgage?
There Are Many Lenders, So Why Choose Us?
Broker Lenders have lower overhead, provide better rates, reduced closing costs, and personalized lending solutions designed around your goals.
200+ lenders
including DSCR, STR, and Fix & Flip
Available in the following states
AL, AK, AR, CO, CT, DE, FL, HI, IL, IN, IA, KS, KY, ME, MI, MS, MO, MT, NE, NH, NM, NC, OK, OH, PA, SC, RI, TX, TN, VA, WA, WV, WI, WY, District of Columbia, Puerto Rico, US Virgin Islands
We Offer Short-Term Rental DSCR's Using AirDNA Data
Learn More
What documents do I need?
DSCR Loans Only Need the Following
Entity documents
- Articles of Incorporation/Organization
- Operating or Partnership Agreement
- EIN letter from IRS
- Certificate of Good Standing
Schedule of REO
2 months bank statements - show downpayment and any reserves
Copy of lease & rent rolls (if vacant, use market rents)
Property Documents:
- Purchase Contract (if a purchase)
- Operating Statements (last 24 months)
- Environmental Report (if applicable)
- Property Condition Report (if required)
- Survey
Personal & Business Financial Statements
Including YTD Profit & Loss Statement and Balance Sheet
Business Bank Statements
2 most recent consecutive bank statements for all accounts. If you are doing a Bank Statement Loan, then we need most recent 12 or 24 months of Business Bank Statements and Personal Bank Statements.
Personal & Business Tax Returns
2 to 3 years for each guarantor plus 2 to 3 years for the entity, all schedules
Entity Documents
Articles of Incorporation/Organization
Operating or Partnership Agreement
EIN letter from IRS
Certificate of Good Standing
Schedule of Real Estate Owned
All real estate owned by entity and guarantors, showing address, rental income, & mortgage balance
Property Documents
Purchase Contract
Rent Roll
Operating Statements (last 24 months)
Environmental Report
Property Condition Report (if required)
Survey
SBA Loans Need the Following
Detailed summary of the loan request
3 years business tax returns
Year-to-Date P&L and balance sheet
3 years personal tax returns
Borrower information/Resume
Personal financial statement
Business debt schedule
Credit authorization completed & signed for soft pull
Last 2 months of business bank statements
Address of the property
Is the business owned 100% by a U.S. Citizen(s) or ITIN holders?
Foreign Nationals & Foreign Investors
If no ITIN, then we need passport from your home country and documentation of your current address, such as a utility bill or lease agreement. We can do DSCR loans (both purchase and refinance) for Foreign Nationals living in the U.S. and Foreign Investors who live abroad.
Podcasts for Investors
Contact Us
Kelly Fest
NMLS # 202374
972-854-3270
NEXA Mortgage LLC
https://nexamortgage.com
NMLS #1660690
AZMB #0944059
Corporate Office
5559 S Sossaman Rd
Bldg # 1 Ste # 101
Mesa, AZ 85212