A Direct DSCR Lender Who Can Reliably Close Within 7 to 14 Days

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Secure a DSCR loan to purchase or refinance an investment property
No pay stubs or W-2 forms required
Approval is based entirely on the property’s rental income compared to expenses

Where Most DSCR Lenders Fall Short

Most DSCR lenders are slow to close because of inefficient and outdated processes. They require you to complete a contact form, wait days for a loan officer to call, and answer a long list of questions over the phone. Borrowers end up losing good deals to cash buyers.
Most DSCR lenders aren’t lending you their own capital. They are brokers connecting you to lenders. This often leads to last-minute complications because the broker isn’t the decision-maker. If the lender finds an issue late into underwriting that the broker overlooked, it leads to last-minute drama.

What Sets Constitution Lending Apart

Our tools speed up the application process: You can generate instant quotes, term sheets, and approval letters using our automated pricer. Then, upload the required paperwork through our documents portal. This entire process takes less than five minutes. We will underwrite and close within 7 to 14 days.
We are direct lenders, not loan brokers: Because we lend you our capital, we're the decision-makers. We can give you a clear answer on your eligibility within hours of receiving your documents. This eliminates the possibility of last-minute drama.

Loan Program Highlights

Qualification
DSCR Loan Program Highlights
Interest rates
As low as 6.75%
Minimum DSCR
0.75
Max Loan-to-Value (LTV)
80% for purchase; 75% for refinancing
Minimum FICO score
660
Type of property
Non-owner occupied single-family, 1–4 family, and 5–8 unit properties
Minimum and maximum loan amount
$125,000 to $3,000,000
Type of loans
DSCR loans, renovation loans, bridge loans & construction loans

How to Qualify for a DSCR Loan in 4 Easy Steps

Step 1
Use our automated pricer to price out various loan scenarios and generate instant quotes. You can play around with different loan amounts, LTVs, and rent numbers to see how they affect your DSCR and interest rate options.
Step 2
You’ll receive an instant loan quote, a term sheet, an approval letter, and a link to our documents portal.
Step 3
Upload the necessary documents through our portal, which details all the paperwork you need to submit. You can also track the status of your loan application and see what stage it is in. Plus, you’ll find a messaging feature to chat with our loan officers and ask questions.
Step 4
After submitting documents, you’ll receive a notification about whether you’ve qualified. We schedule closing with the title company within 7 to 14 days.

A Few Examples of Properties We’ve Financed

Daytona Beach, Florida - 3 bedroom single family home

Loan amount
$200,000
Loan term
30-year
Interest rate
6.3%
Closed within
4 days

What Borrowers Say about Our Lending Process

Easiest borrowing experience ever

Easiest borrowing experience ever! I needed to close on a two family in 2 weeks. Constitution Lending was able to get it done in 10! I will be using them on my next deal for sure.

Lorenzo
Verified Buyer
If you want to close fast, use these guys.

I love the guys at Constitution Lending! Closing fix and flip loans has never been easier. There are no hidden fees and they close in less than 2 weeks. I have done 4 loans with them so far and no way I am changing lenders.

John Conte
Verified Buyer

Constitution Lending vs Other DSCR lenders

Minimum DSCR Requirement
As low as 0.75
Typically 1.0 or higher
Time to Close
7–14 days
40 days or more
Closing reliability
We give you a final answer hours after you submit documents. No last minute surprises
May come back to you with a rejection letter the day before closing
Credit Score Minimum
660+
660+
Can vacant properties qualify?
Yes
Typically requires a paying tenant
Prepayment Penalties
Flexible, with options for no penalty
Often strict penalties for early payoff
Loan Amounts
$100K to $3MM+
Often capped at $2MM
Experience Required
No prior landlord experience needed
May require rental history
Borrower Support
Dedicated one-on-one loan officer available to answer your questions through our portal
General support or limited availability
States Covered
Nationwide
Limited states

Frequently Asked Questions

What is a DSCR Loan?

A DSCR loan is any type of financing in which the lender doesn’t consider the borrower’s financials when underwriting but the property’s debt service coverage ratio (DSCR). This ratio compares the property’s cash flow to its expenses, meaning you don’t need to worry about income verification or tax returns.

How is DSCR calculated?

DSCR divides a property’s expected rental income by its total expenses. For example, if a tenant pays $1,300 in rent and the property’s expenses are $1,000 per month, its DSCR would be 1.3. You can use our automated pricer to calculate your DSCR. At Constitution Lending, we can finance deals with a DSCR as low as 0.75.

What types of properties can you finance?

We can issue loans to purchase almost any type of investment property, including single-family homes, multifamily homes, condos, commercial properties, and more. The only types of property we cannot finance are mobile homes or rural properties.

What is the minimum DSCR to qualify?

Most DSCR lenders require a minimum DSCR of 1.0, meaning the property’s rent should equal its expenses. However, Constitution Lending has a minimum DSCR requirement of just 0.75. We can finance your investment property purchase if its rent meets 75% of its expenses.

What are DSCR loan requirements?

To qualify for a DSCR loan with Constitution Lending, the property must have a DSCR of at least 0.75, and the borrower should have a credit score of 660 or higher. We don’t ask for pay stubs, employment history documents, tax returns, or DTI ratio information.

How much can I borrow with a DSCR loan?

At Constitution Lending, we originate loans between $125,000 and $3MM. We also don’t restrict the number of loans you can take out with us as long as you meet the minimum requirements. Many DSCR lenders have limits below $3MM and typically restrict the number of loans you can take out to 5.

Is there a limit to how many DSCR loans I can have?

Constitution Lending places zero limits on how many loans borrowers can open at any time. Our only consideration is whether you meet the minimum requirements for qualification.