DSCR loan rates in May 2026 range from 6.50% to 9.25% across the full pricing spread. The 2.75% gap between best-tier and worst-tier pricing reflects how heavily DSCR lenders weight FICO, LTV, and property type. A 760-FICO investor on a 65% LTV purchase pays nearly 3 points less than a 620-FICO investor on an 80% LTV cash-out — same loan amount, same lender.
This page is the working rate sheet — what we're actually quoting this week across our wholesale lender panel. Updated weekly, more often when markets move. Use the tables below to find your tier, then request a quote tied to your exact file.
DSCR Rate by FICO Score Tier
FICO is the single biggest driver. The pricing tiers in non-QM break at 620, 660, 680, 700, 720, 740, and 760 — each tier adds or subtracts 0.125–0.375% on the same file.
| FICO Tier | DSCR Capital Partners | Market Average | Notes |
|---|---|---|---|
| 760+ | 6.50–7.25% | 7.00–7.75% | Strongest tier — best pricing |
| 740–759 | 6.75–7.50% | 7.25–8.00% | Premium tier |
| 720–739 | 7.00–7.75% | 7.50–8.25% | Strong tier |
| 700–719 | 7.25–8.00% | 7.75–8.50% | Standard tier |
| 680–699 | 7.50–8.25% | 8.00–8.75% | Mid tier |
| 660–679 | 7.75–8.50% | 8.25–9.00% | Lower tier — LTV capped at 75% |
| 620–659 | 8.25–9.25% | 8.75–9.50% | Weakest tier — LTV capped at 70% |
Indicative pricing. Final rates depend on the full file profile. Assumes 70% LTV purchase, SFR, 1.20 DSCR, 5-year prepay penalty, $300K–$1M loan size.
DSCR Rate by LTV
Each 5% LTV increment adds roughly 0.125–0.250% to your rate. The 65% LTV vs 80% LTV spread is meaningful — ~0.50% on the same file.
| Loan-to-Value | Rate Add (vs 65% LTV) | Max LTV available |
|---|---|---|
| 65% LTV | Base (no add) | Standard |
| 70% LTV | +0.125% | Standard |
| 75% LTV | +0.250% | Standard |
| 80% LTV | +0.500% | Requires 700+ FICO |
| 85% LTV | +0.875% | Limited programs · 740+ FICO |
DSCR Rate by DSCR Ratio
Lower DSCR = higher risk for the lender = higher rate. Sub-1.0 ("no-ratio") programs exist but price meaningfully higher.
| DSCR Ratio | Rate Add (vs 1.25+ DSCR) | Notes |
|---|---|---|
| 1.25+ DSCR | Base (no add) | Strongest tier |
| 1.10–1.24 DSCR | +0.125% | Standard tier |
| 1.00–1.09 DSCR | +0.375% | Tight cash flow |
| 0.75–0.99 DSCR | +0.875% | Sub-1.0 program · LTV capped at 70% |
| No-Ratio (DSCR not run) | +1.250% | LTV capped at 65% · 700+ FICO |
Want Your Exact Rate?
The tables above are tier averages. Your actual quote depends on FICO, property, DSCR, loan size, and prepay — we'll quote it across 8–12 wholesale investors and tell you who wins.
Get My Exact Rate →What Drives DSCR Loan Rates: The 6 Pricing Factors
Lenders blend these six factors into a single rate quote. Understanding each lets you predict where your file lands before applying.
FICO Score Highest impact
Biggest driver. Each tier worth 0.125–0.375%. The 620→760 spread on the same file is ~2.00%.
Loan-to-Value High impact
Each 5% LTV step worth 0.125–0.250%. The 65%→80% LTV spread is ~0.50%.
DSCR Ratio Medium impact
1.25+ is best tier. Each 0.10 drop below 1.25 costs ~0.125%. Sub-1.0 enters specialty pricing.
Prepayment Penalty Medium impact
5-yr declining prepay (5-4-3-2-1) is base. 3-yr prepay (3-2-1) adds ~0.250%. No prepay adds 0.50–0.75%.
Property Type Variable impact
SFR is base. 2-4 unit adds 0.125%. 5+ unit adds 0.25–0.50%. Condotel/non-warrantable adds 0.375–0.75%.
Loan Size Low impact
Sweet spot is $200K–$1.5M. Sub-$150K and over $2M start adding 0.125–0.375%.
How DSCR Rates Compare to Other Investment Loan Rates
DSCR pricing sits between conforming investment loans (cheapest) and hard money / bridge loans (most expensive).
| Loan Type | Typical 2026 Rate | vs DSCR |
|---|---|---|
| Conventional Investment (Fannie/Freddie) | 6.00–7.25% | -0.50–0.75% vs DSCR (cheaper) |
| DSCR Loan (this page) | 6.50–9.25% | Baseline |
| Bank Statement Loan | 7.00–9.00% | Similar to DSCR |
| Foreign National DSCR | 7.75–9.75% | +1.00–1.25% vs DSCR |
| Hard Money / Bridge | 9.00–12.00% | +2.50–3.50% vs DSCR |
| California Bridge ($1M+) | 8.50% IO | Specialty product, 14–21d close |
Why DSCR is more expensive than conventional: DSCR loans are non-QM — they sit outside Fannie Mae / Freddie Mac guidelines, so lenders hold them on portfolio or sell to private securitizations rather than to the agencies. That risk premium is roughly 0.50–0.75% on identical files.
How to Get the Lowest DSCR Loan Rate on Your File
- Maximize your FICO before applying. Pull your tri-merge report, dispute errors, pay down revolving balances below 30% utilization. 30 days of cleanup can move you a tier.
- Aim for 65–70% LTV if your down payment allows. The 75% → 70% LTV step saves more in lifetime interest than the extra cash invested gives up in opportunity cost on most files.
- Pick a property with strong DSCR. A 1.30 DSCR property gets better pricing than a 1.05 DSCR property — and is safer cash flow. Run rent comps before going under contract.
- Accept the prepayment penalty. The 0.50–0.75% rate hit for no-prepay only makes sense if you'll refi or sell within 2–3 years.
- Shop wholesale, not retail. Wholesale brokers quote against 8–12 lender programs simultaneously. Retail desks at direct lenders quote one program.
- Use a 5/1 or 7/1 ARM if your hold horizon is short. ARMs price 0.250–0.500% below 30-year fixed at origination. If you'll sell or refi inside the fixed period, you save real money.
Frequently Asked Questions
As of May 2026, DSCR rates run 6.50–9.25% depending on FICO, LTV, DSCR, property type, and prepay. Strongest tier: 6.50–7.25%. Standard files: 7.00–8.00%. Weaker tier: 8.00–9.25%.
DSCR loans are non-QM — outside Fannie/Freddie guidelines. The lender prices in the risk of underwriting against rental income vs borrower income. Expect ~0.50–0.75% premium over comparable conforming investment loans.
6.50–6.875% for the strongest tier: 760+ FICO, 65% LTV, 1.25+ DSCR, 5-yr prepay, SFR property, standard close.
Wholesale lenders refresh rate sheets weekly, sometimes mid-week if Treasury rates move. Quotes honored 14–21 days. Locks are 30–45 days standard.
Yes — roughly 0.25% rate reduction per 1.00 point. Break-even is usually 6+ years. Worth it for long-hold files, not flips or short-term holds.
Both available. Most DSCR lenders offer 30-yr fixed, 5/1 ARM, 7/1 ARM, and 10/6 ARM. ARMs price 0.250–0.500% below fixed at origination.
Related Resources
- Best DSCR Lenders of 2026
- DSCR Rates by Scenario
- Current DSCR Loan Rates (Weekly Update)
- DSCR Calculator
- DSCR FICO Matrix
- DSCR LTV Limits
- DSCR Prepay Structures
All rates indicative — final quotes depend on file specifics and current market conditions. Rate sheet updated weekly based on wholesale lender pricing across our investor panel. DSCR Capital Partners is a brand of UTM Financial, LLC (NMLS #2591548). Not a loan commitment. Equal Housing Lender.