Eleven DSCR lenders compared on the same fields, every fact taken from each lender's own website, with OneMoreDoor Capital, a broker, listed last for comparison.
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By Andrew Pawlak, Founder · Updated
Below, eleven DSCR lenders are matched to the deal types they fit and then compared on the same fields, with every fact taken from each lender's own website. New to the product? Start with what a DSCR loan is.
You can apply to a lender directly or work with a broker who places your file with one of several lenders. OneMoreDoor Capital is a broker, not a lender. It arranges business-purpose DSCR financing through lending partners, the partner makes the loan, and OneMoreDoor Capital appears last in the comparison so you can weigh both paths.
There is no single best DSCR lender. The right one is the lender whose published program your property clears at the leverage you need, in the state where it sits. A broker compares several lenders' programs on one file. OneMoreDoor Capital places DSCR purchase loans up to 80% of value with the lending partner whose program fits.
The table below matches common deal types to the lenders that publish a fit for them. It lists only what each lender states on its own site. A lender missing from a row may still do the loan and simply doesn't say so publicly.
| If your deal is | Lenders on this page that state a fit |
|---|---|
| Your first rental | CoreVest Finance, Easy Street Capital, Griffin Funding, Kiavi, New Silver, Visio Lending, and OneMoreDoor Capital as a broker. Angel Oak excludes first-time homebuyers. |
| A short-term rental | A&D Mortgage, Angel Oak, Deephaven, Easy Street Capital, Griffin Funding, LendingOne, Lima One Capital, New Silver, Visio Lending, CoreVest Finance (portfolios of five or more), and OneMoreDoor Capital as a broker |
| Five or more units | Easy Street Capital, Lima One Capital, New Silver, and OneMoreDoor Capital as a broker |
| A ratio below break-even | A&D Mortgage, Angel Oak, Deephaven, Easy Street Capital, Griffin Funding, Kiavi, LendingOne, New Silver, and OneMoreDoor Capital as a broker |
| A cash-out refinance soon after you buy | Griffin Funding states no seasoning on some cash-out programs; Lima One Capital waives seasoning when refinancing out of its own bridge loan; OneMoreDoor Capital as a broker: No minimum hold time |
| A non-warrantable condo or condotel | A&D Mortgage (condotels), Angel Oak Mortgage Solutions, Deephaven Mortgage |
| A loan under one hundred thousand dollars | CoreVest Finance, LendingOne, Lima One Capital, and OneMoreDoor Capital as a broker, from $50K |
| Title held in a trust | Angel Oak Mortgage Solutions, Griffin Funding, LendingOne |
| An LLC that must hold title | Lima One Capital requires entity vesting; Visio Lending requires it in eight states; Easy Street Capital recommends it |
| A lender you want to call yourself | Every lender in the comparison that takes applications itself; A&D Mortgage, Angel Oak, and Deephaven work only through brokers |
As the table shows, each lender says it handles different kinds of deals. A broker's job is to match your deal to the lender that fits it. Three of the eleven, A&D Mortgage, Angel Oak Mortgage Solutions, and Deephaven Mortgage, accept DSCR files only through brokers.
Knowing each lender's rules is what makes that match work. For an investor, that means:
The limits below are the widest across all of OneMoreDoor Capital's lending partners combined. Each loan is placed in one partner's program, which sets the terms for that loan:
Where OneMoreDoor Capital arranges financing is published state by state on States We Serve, and how every figure on this site is computed is on how we compute.
OneMoreDoor Capital brokers loans on investment property only. Send one scenario and it gets compared across several lending partners. Run My Numbers
A direct lender funds your loan and evaluates your deal against its own programs. You apply, its underwriters review the file, and its rules decide the answer. When the property plainly fits one lender's published program, that's the simplest path: one relationship and one team to call.
A broker places your scenario with the lending partner whose program fits the property. That matters because the same property can clear one lender's published floor and miss another's, or qualify for short-term rental income at one lender and be declined for it at the next.
| Direct lender | Broker | |
|---|---|---|
| Who funds the loan | The lender you apply to | A lending partner the broker places the file with |
| Programs you can reach | That lender’s own programs | Several lenders’ programs, including wholesale-only ones |
| Who decides credit | The lender | The lending partner, never the broker |
| Who you talk to | The lender’s staff and underwriters | The broker, who manages the lender relationship |
| How origination is paid | Points, lender fees, and margin in the rate, all set by the lender | The broker’s fee, paid by the borrower, the lender, or both, added to the lender’s wholesale pricing |
| Best when | Your deal plainly fits one lender’s published program | Your deal has a wrinkle, or you want a comparison across programs |
Go direct when you already have a lender whose program fits, when the deal is a plain long-term rental that clears a standard program with room to spare, or when you want to speak with the underwriter yourself at every step. A broker earns its place on the files with a wrinkle: a ratio near or below break-even, a short-term rental, a five-to-eight-unit building, a first rental, or a property in a state where some lenders don't lend.
Every DSCR loan pays someone to originate it. A direct lender covers its loan officers, marketing, and overhead through the points, lender fees, and rate on your loan. Lenders with broker programs publish separate wholesale pricing to approved brokers, and the broker's fee is added to it. The all-in cost through either path often lands close, and it varies by lender and by deal. To compare, put two written term sheets side by side: rate, points, lender fees, and prepayment penalty.
Some lenders take applications directly and also accept files from brokers approved with them. On this page, that includes CoreVest Finance, Easy Street Capital, Kiavi, Lima One Capital, and Visio Lending. A broker approved with one of these lenders can place your file there alongside other lenders' programs, which keeps a lender you already like in the running.
Update, September 2026: Kiavi is now a subsidiary of Figure Technology Solutions, and since September 1, 2026 its DSCR and rental loans are originated and funded by Figure Lending LLC.
Each lender below publishes a DSCR or rental-loan program on its own website, and every fact is taken from that site. They're listed alphabetically, each with the same fields in the same order. Where a lender's site doesn't state a field, the entry reads "Not stated publicly." Figures are as each lender publishes them and change often, so confirm the current version on the lender's site before you apply. OneMoreDoor Capital comes last, labeled as a broker. Its figures are the widest limits across all of its lending partners combined, explained in its entry.
Wholesale and correspondent
Wholesale, through brokers
Borrowers, wholesale bankers, and brokers
Wholesale: licensed mortgage professionals only
Direct, plus a broker program
Direct, consumer-direct
Direct, plus a broker program
Direct
Direct and broker
Direct
Direct and broker
Broker, not a lender
These are the widest limits across OneMoreDoor Capital's lending partners combined. Each loan is placed in one partner's program, and that program's rules set the leverage, credit, ratio, and loan size together.
A comparison flattens nuance. Here is what each lender's own site says that most changes the answer for a specific deal, in the same alphabetical order.
A&D Mortgage offers its DSCR program to brokers and correspondent lenders, with no income or employment verification. Its program sheets allow a ratio as low as zero, with ratios below 1.0 requiring stronger credit, and cover one-to-four-unit properties and condotels. It allows first-time homebuyers and short-term rental income, and it also lends to foreign nationals and ITIN borrowers.
Angel Oak Mortgage Solutions offers its Investor Cash Flow DSCR program through brokers rather than directly to borrowers. It allows title in an LLC, S corp, C corp, or revocable trust, finances non-warrantable condos and condotels, and offers below-1.0 and no-ratio options. It states that first-time homebuyers are not eligible, that the borrower must own a primary residence, and that a borrower can hold up to five loans with Angel Oak, with exceptions considered.
CoreVest Finance, a subsidiary of Redwood Trust, lends to borrowers directly and through wholesale bankers and brokers. Its 30-year DSCR loan covers single-family one-to-four units, condos, and townhomes, and a separate short-term rental loan finances portfolios of five or more properties. Its market pages welcome first-time buyers of a rental. It states that availability may be limited in some states.
Deephaven Mortgage is a wholesale lender whose program materials are written for licensed mortgage professionals. Its DSCR loan allows vesting in an LLC, partnership, or corporation, covers single-family, townhomes, two-to-four units, warrantable and non-warrantable condos, and PUDs, and allows short-term rentals. Its program is not available in every state.
Easy Street Capital's rental program is called EasyRent, with a separate program for brokers. It states it lends in every state except North Dakota and South Dakota, finances up to ten units including mixed use, and has no minimum DSCR when the deal otherwise makes sense. It recommends borrowing through an LLC and requires a full guaranty from anyone owning more than a quarter of the entity. It places no restrictions on first-time investors.
Griffin Funding lends consumer-direct and states it is licensed in 47 states plus D.C. It publishes no minimum DSCR, funds ratios below 1.0 with compensating factors, and offers a no-ratio program. Title can be held individually or in an LLC, partnership, corporation, S corp, or revocable trust depending on the program. It states that some cash-out programs carry no seasoning requirement.
Kiavi is an online-first investor lender with a direct application and a separate broker program. Since September 1, 2026, its DSCR and rental loans are originated and funded by Figure Lending LLC; Kiavi Funding is a subsidiary of Figure Technology Solutions. It publishes a DSCR floor as low as 0.8x and qualifies on the lower of 110% of appraised market rent and the lease rent. It offers a rate check with no hard credit pull and states LLC borrowing is available.
LendingOne is a direct lender that closes business-purpose DSCR loans in an LLC, with trusts and guarantees also allowed. It publishes a DSCR floor as low as 0.75 and options for negative-cash-flow and break-even properties. It finances long-term, month-to-month, and short-term vacation rentals, and states a 90-day seasoning period for cash-out refinances.
Lima One Capital lends to investors directly and through brokers, with separate sales lines for each. It states that the property must be held in an LLC or similar entity. Its published program runs from single-family through nine units, with a dedicated short-term rental program underwritten on market income data. It waives seasoning when a borrower refinances into its rental loan from its own bridge loan.
New Silver is a direct online lender whose DSCR program covers one-to-eight-unit rentals, condos, PUDs, and short-term vacation rentals. It publishes a DSCR floor of 0.75 and states that no prior investing experience is required. It does not lend in nine named states, and in Louisiana its DSCR loans are available while its flip and construction loans are not.
Visio Lending makes only DSCR loans, for long-term and short-term rentals, and works with both investors and brokers. It lends in 41 states including D.C. and requires an LLC in Georgia, Hawaii, Illinois, Massachusetts, New Jersey, New York, Pennsylvania, and Virginia. It sizes short-term rental income with an in-house projection model and states that first rentals are welcome.
This page was first published on August 3, 2026. The September 2026 review, completed September 22 and 23, re-checked every fact on each lender's own site and found these changes.
A published DSCR floor is easier to judge as rent. The table below takes one sample property, the same default the site's calculator opens on, computes its full monthly payment with the same engine, and shows the monthly rent that property would need to meet each lender's published numeric floor. Lenders that publish no single numeric floor are listed separately.
| Lender | Published DSCR floor | Monthly rent needed | Rent per unit |
|---|---|---|---|
| Deephaven Mortgage | 0.75x tier (1.0x at some loan sizes) | $1,587 | $793 |
| Kiavi (loans funded by Figure Lending) | As low as 0.8x | $1,692 | $846 |
| LendingOne | As low as 0.75 | $1,587 | $793 |
| Lima One Capital | 1.0 minimum; 1.2 for best pricing | $2,115 | $1,058 |
| New Silver | 0.75 | $1,587 | $793 |
No single numeric floor published:
Sample property: $300,000 purchase and $2,800 a month gross rent over 2 units, the DSCR calculator’s defaults. Rent needed is each lender’s published floor times the full monthly payment on that sample ($2,115, the same payment the ratio divides into). Example assumes 8.25%. Your rate is set by the lending partner at application. How we compute every figure.
At $2,800 a month the sample property’s DSCR is 1.32, so it clears every floor above. The table shows the lowest rent each floor allows on the same payment.
Your property's numbers will differ. Open in the calculator to run your own, or read how to calculate DSCR for the formula. When you want a comparison across lending partners on a specific property, Run My Numbers.
Ask them of every lender and every broker, including OneMoreDoor Capital. The answers decide fit more reliably than any ranking.
Ask for a written term sheet that shows the rate, origination points, lender fees, and any broker fee. Then compare totals on the same loan amount and term, whichever path each quote came from.
Many DSCR programs carry a prepayment penalty, and a shorter or smaller penalty usually comes with a higher rate. If you might sell or refinance within a few years, ask for pricing on each option before you choose.
A wholesale-only lender takes files only from brokers, so you can't call it or negotiate terms yourself. A direct lender can put you in touch with the person who owns your file. Knowing which one you're dealing with shapes how fast questions get answered.
A careful lender publishes its footprint as a list, a count, or named exclusions. A company can hold a license in a state without lending there, so ask for the plain status of the state the property sits in before you spend time on an application.
Most programs allow title in an LLC and some require it; one lender on this page requires it only in certain states. Get a plain yes before you apply and before you pay for an appraisal.
A DSCR loan qualifies on the property, which makes it one of the few ways a first-time landlord can finance a rental without a record of closed deals. Some programs still price or gate on experience, so ask.
The core of a DSCR program is a rule: what ratio the property must clear and what rent counts toward it. A lender that publishes the rule lets you judge the deal before you apply.
Ask for a number of days, and ask what they need from you on day one to hit it. A lender confident in its program will put rate, leverage, and timeline on paper before you pay for an appraisal.
A team whose entire business is investor lending tends to know the edge cases: short-term rental income, entity structures, five-to-eight-unit properties, state vesting conventions. A product line inside a larger business can still serve you well, so ask how much of the team's work is investor loans.
DSCR loans skip the personal income audit and still need a short file. Most programs ask for a version of the same documents.
The lender also orders an appraisal with a rent schedule, and the appraiser's market rent is often the figure the ratio is calculated on. For the full list by program, see DSCR loan requirements. Before comparing lenders, read what the lender's math does to your rent and your payment, so you know which numbers are yours to set.
Every lender here met the same objective test before it was named: a DSCR or rental-loan program that qualifies on the property's income, business-purpose lending on non-owner-occupied property, lending across multiple states, and a program described on a public, verifiable website. Every fact in the comparison comes from that lender's own site, and each lender is re-checked every quarter.
There is no overall ranking. Lenders are compared on published facts and grouped by the deal types they state a fit for. The comparison leaves out interest rates, which change daily and depend on the borrower, and it states leverage, credit, and loan range exactly as each lender publishes them, which is often a best-case figure that narrows with credit, property type, and loan purpose.
OneMoreDoor Capital publishes this page and appears on it as a broker. Every lender above was held to the same fields and the same sourcing rule, and you should verify each one on its own site before you apply.
Last reviewed: . Every fact in the comparison was checked on each lender's own website, and each lender's entry shows the date it was checked. Lender programs and availability change, so confirm current details on each lender's own website before you apply.
Founder, OneMoreDoor Capital
Andrew Pawlak is the founder of OneMoreDoor Capital, a business-purpose loan brokerage that arranges DSCR and other investor loans through its lending partners. He has spent 22 years in the mortgage industry on the marketing and technology side.
There isn't one best DSCR lender for every investor. The right lender is the one whose published program your property clears at the leverage you need, in your state, for your property type, and in the way you want to hold title. Headline rates move with the market, so fit is the more reliable way to compare.
A lender funds the loan and evaluates your deal against its own programs. A broker places your file with one or more lenders whose programs fit the property, and the lender still funds the loan and makes the credit decision. Some lenders accept files only through brokers, so a broker can reach programs a borrower cannot apply to directly.
It depends on the lender and the deal. A direct lender builds its origination cost into points, lender fees, and the rate. A broker adds its fee to the lender's wholesale pricing, which leaves out the lender's retail costs. The totals often land close, so compare written term sheets on rate, points, fees, and prepayment penalty.
No. OneMoreDoor Capital is a business-purpose loan brokerage. It arranges DSCR financing for non-owner-occupied investment property through lending partners, and the lending partner makes the loan and the credit decision. Where OneMoreDoor Capital arranges financing is published state by state on its States We Serve page.
On this page, A&D Mortgage, Angel Oak Mortgage Solutions, and Deephaven Mortgage describe their DSCR programs as available through mortgage brokers and correspondent lenders rather than directly to borrowers. A borrower who wants one of those programs reaches it through a broker.
Kiavi is now a subsidiary of Figure Technology Solutions. Kiavi's own site states that, effective September 1, 2026, its DSCR and rental loans are originated and funded by Figure Lending LLC, and its DSCR program is still offered through Kiavi's website.
Many do, and CoreVest Finance, Easy Street Capital, Griffin Funding, Kiavi, New Silver, and Visio Lending say so on their own sites. Policies differ in the details: Angel Oak Mortgage Solutions states that first-time homebuyers are not eligible for its DSCR program and that the borrower must own a primary residence. Ask whether a first rental changes the pricing or the leverage before you apply.
Most allow title in an LLC and some require it. On this page, Lima One Capital states that entity vesting is required, Visio Lending requires an LLC in eight named states, and Easy Street Capital recommends one. Confirm the entity policy before you apply if holding the property in an LLC matters to you.
Published floors on this page range from no minimum, with a no-ratio path, to a ratio of 1.0 with better pricing at 1.2. A lower floor usually comes with lower leverage or higher pricing. The comparison on this page lists each lender's published floor where one is stated, and the rent table shows what each floor means for one sample property.
On this page, A&D Mortgage, Angel Oak Mortgage Solutions, Deephaven Mortgage, Easy Street Capital, Griffin Funding, Kiavi, LendingOne, and New Silver publish floors below 1.0 or no-minimum options. A lower floor usually comes with lower leverage or higher pricing.
Yes, on programs that underwrite short-term rental income. On this page, A&D Mortgage, Angel Oak Mortgage Solutions, Deephaven Mortgage, Easy Street Capital, Griffin Funding, LendingOne, Lima One Capital, New Silver, and Visio Lending state that they finance short-term rentals, and CoreVest Finance finances portfolios of five or more. Several size the income from market data or platform history, and short-term rental programs often carry a lower leverage ceiling or a higher ratio requirement than long-term rentals.
It varies by lender and program. Because a DSCR loan is business-purpose and qualifies on the property, many are structured so the loan is not reported on personal credit the way a consumer mortgage is, especially when the borrower is an LLC. Confirm it with the lender before you rely on it.
Every lender fact on this page is re-checked on that lender's own website each quarter, and the page lists what changed since the previous review. The date of the most recent check appears at the bottom of the page.
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Tell us the property, the rent, and the plan. Your DSCR computed on the spot, with options priced by lending partners on the property's cash flow.
Start in about 60 seconds · No tax returns · No W-2s