How to Choose a DSCR Lender: A Transparent List
There's no single 'best' DSCR lender — there's the right fit for your deal. Here are the criteria that actually matter, and a publicly-sourced list of lenders that offer DSCR or rental-loan programs, including us, disclosed plainly.
60 seconds · No documents · No tax returns
By OneMoreDoor Capital Team · Updated
Search "best DSCR lenders" and you'll get ranked lists that read like leaderboards — often published by companies that put themselves at the top. That's not this. There's no objective "#1" DSCR lender, because the right lender depends on your states, your property types, and how you hold the deal. This guide gives you the criteria to judge for yourself, and a publicly-sourced list of lenders that offer DSCR or rental-loan programs — including us, disclosed openly. New to the product? Start with what a DSCR loan is.
How do you actually choose a DSCR lender?
You choose a DSCR lender by matching their program to your deal, not by trusting a ranking. The factors that decide fit are concrete: which states they lend in, the property types they allow, whether they support LLC vesting, and how their program qualifies the property. The headline rate matters, but it moves with the market and rarely decides fit on its own.
That reframing is the whole point of this page. A lender that's a perfect fit for a single-family rental in one state may not finance a short-term rental in another, or may not offer entity vesting. So instead of asking "who is best?", ask "who fits this deal?" — and use a consistent set of criteria to answer it. Those criteria are below, and we hold ourselves to the same ones.
How we chose this list
Every lender on this list was included against the same objective, verifiable criteria — not a subjective ranking. Before naming any lender, we confirmed on that lender's own public website that they offer a DSCR or rental-loan program. We state only what appears publicly, and we don't publish rates, fees, or scores we can't stand behind.
Here's the exact test each lender had to meet:
- Offers a DSCR or rental-loan program that qualifies on the property’s income, confirmed on the lender’s own public site
- Focuses on business-purpose, non-owner-occupied investment property
- Publicly indicates support for title vesting in an LLC or other entity
- Lends across multiple states rather than a single local market
- States its program transparently on a public, verifiable website
We deliberately don't rank these lenders against each other, and we don't characterize any of them as better or worse. Each is described in plain category terms using only facts published on its own site. Where a lender's public page didn't use a specific term or figure, we left it out rather than fill the gap — and where we couldn't verify a lender at all, we omitted it entirely.
Which lenders offer DSCR or rental-loan programs?
The lenders below each publish a DSCR or rental-loan program on their own website, verified at the time of writing. They're listed in no particular order, and the two-to-three-sentence descriptions stick to what each lender states publicly. Use the criteria above to judge which one fits your specific deal.
Kiavi
Kiavi is a national real-estate-investment lender. Its public site describes financing rentals "based on cash flow, not income" and offers "long-term financing for your buy-and-hold rental properties." The site states that Kiavi lends in 49 states plus Washington, D.C.
Lima One Capital
Lima One Capital is a private lender for real estate investors. Its public site describes rental investment loan programs — including single-family rental, portfolio rental, and short-term rental options — and characterizes the company as "The Nation's Premier Lender for Real Estate Investors."
Angel Oak Mortgage Solutions
Angel Oak Mortgage Solutions is a non-QM lender that operates through the wholesale/broker channel. Its public site lists a "DSCR Loan — For Rental Property Investors" with purchase, cash-out refinance, rate-and-term refinance, and delayed-financing options. It describes itself as a lender specializing in non-QM programs.
Griffin Funding
Griffin Funding is a national mortgage lender that offers a DSCR loan program. Its public site states that "a DSCR loan qualifies real estate investors on a property's rental income instead of tax returns, W2s, or DTI," and describes the company as a direct-to-consumer DSCR lender licensed across most states.
Deephaven Mortgage
Deephaven Mortgage is a non-QM lender offering wholesale and correspondent options. Its public site describes a "DSCR cash flow loan" that "qualifies on the rental cash flow of the subject property and does not require employment or income documentation," positioning it for real estate investors.
CoreVest Finance
CoreVest Finance describes itself on its public site as a "Leading Lender to Residential Real Estate Investors." It lists rental loans among its products, alongside bridge, new-construction, and multifamily loans for investors.
OneMoreDoor Capital
OneMoreDoor Capital — that's us — offers business-purpose DSCR loans on non-owner-occupied rental property, with LLC vesting supported and multi-state lending. Because we publish this list, we've set our own inclusion apart in the disclosure below so you can weigh it with full context rather than take it at face value.
We wrote and published this article, and OneMoreDoor Capital is one of the lenders named on it — so we are not a neutral third party, and we won't pretend to be. We've deliberately not ranked ourselves above anyone here, and we held our own program to the exact same criteria in the "How we chose this list" section that we applied to every other lender. Our advice is to use those criteria yourself: confirm each lender's program on their own site, check that they serve your states and property types, and pick the fit for your deal — including deciding, with full context, whether that's us.
What makes a DSCR lender the right fit for your deal?
The right DSCR lender is the one whose published program matches your specific deal — your states, your property type, your entity, and how you intend to hold it. Fit is more predictive than any ranking: a lender that's ideal for a single-family rental in one state may not finance a short-term rental or allow LLC vesting in another. Match the program to the deal.
That's why this page hands you criteria instead of a verdict. Confirm each lender's program on their own site, check the states they serve and the property types they allow, and verify LLC vesting if entity ownership matters to you. Then compare a few programs on the factors that decide fit, not just the headline rate. When you want to see where a specific property lands, run your numbers or start with the calculator.
Last reviewed: August 2026 — we review and update this list annually. Lender programs and availability change, so always confirm current details on each lender's own website before you apply. To go deeper on the product itself, see what a DSCR loan is and DSCR loan requirements.
What makes a good DSCR lender?
A good DSCR lender clearly publishes its program, focuses on business-purpose and non-owner-occupied investment property, supports LLC vesting, and lends in the states where you invest. Beyond the checklist, fit matters: responsiveness, the property types they finance, and whether their program matches how you actually plan to hold the deal.
Do DSCR lenders report to personal credit?
It varies by lender and program. Because a DSCR loan is business-purpose and qualifies on the property, many are structured so the loan isn't reported on personal credit the way a consumer mortgage is — but reporting practices differ, so confirm it directly with any lender you're considering rather than assuming one way or the other.
Can a mortgage broker place a DSCR loan with multiple lenders?
Often, yes. Some lenders on any DSCR list work through the wholesale or broker channel, which means a broker can shop your file across several of them to find a program fit. Others lend direct to the borrower. Whether a broker is involved depends on the specific lender's channel, so it's worth asking up front.
Do all DSCR lenders allow an LLC to hold title?
Most DSCR programs are built to allow title in an LLC, since entity ownership is one of the main reasons investors choose the product — but it isn't universal, and the specifics vary by lender and state. If holding the property in an entity matters to you, confirm LLC vesting is permitted before you apply.
How many DSCR lenders should I compare before choosing?
There's no magic number, but comparing a few gives you a real sense of program differences without stalling your deal. Focus the comparison on the factors that decide fit — states served, property types allowed, LLC vesting, and how the program qualifies the property — rather than only the headline rate, which moves with the market.
Ready to run your deal?
Tell us the property, the rent, and the plan — your DSCR computed on the spot, options priced on the property's cash flow.
60 seconds · No documents · No tax returns