Posted by Hannah Lapin ● Oct 8, 2020 9:00:00 AM

A Look at Our No DSCR Loan Product

A Look at Our No DSCR Loan Product

Investors looking to purchase or refinance rental properties in hot markets, where the rents have not caught up with the property values can now take advantage of our No DSCR Loan Product. Here is a closer look at the loan structure, general requirements, and key program features for this new product.

Loan Structure

Offering- Purchase, Rate & Term Refinance, Cash-Out Refinance

Loan Type- Single Asset Rental Loan

Rate Structure- 5/1 ARM, 7/1 ARM, 30-Yr Fixed

Minimum Loan Amount- $150,000

Geography- Nationwide except: AK, DE, ID, MN, NE, NV, ND, OR, RI, SD, UT, VT*


General Requirements

Property Type- 1 Unit Single Family Residential Rentals

Borrower Type- Investor Only, Individuals LLCs, corporations and limited partnerships. U.S. Citizens, permanent and non-permanent resident aliens.

FICO Score- Minimum 680

Reserves- Minimum 3 Months PITIA (Principal, Interest, Taxes, Insurance, Association Dues)


Key Program Features

Streamlined qualification process 

Full 30 year terms, no balloons

No tax returns or 4506 requirements 

No DTI or personal income qualifications

5/1 ARM, 7/1 ARM, and 30-Year Fixed rate structures

Pre-payment penalty buy-downs available

Loans for individuals and corporate entities 


See some of our recently closed No DSCR Loans


Ready to take advantage of this new product offering? Contact us for more information and to get started on your loan.

Contact Us

Check out our Investor Resources for everything you need to know to grow your rental portfolio!

*All loans are originated by Visio Financial Services Inc. Visio Financial Services Inc. is licensed by the California Department of Business Oversight as a California Finance Lender, license number 60DBO-56345 as well as by the Arizona Department of Financial Institutions as a Arizona Mortgage Banker, license number 1010600. Visio Financial Services Inc. company NMLS ID number is 1935590. 
Editor's Note: This post was originally published in October 2020 and has been updated in November 2020 for freshness and accuracy. 

Related: Who Should I Contact About my Visio Loan?, Why You Should Choose a Specialized Rental Lender

Topics: Real Estate Investing, Finance, The Visio Box