Updated Rates as of August 2026
DSCR loan size is driven by property cash flow and LTV caps — not your W-2. Jaken Finance Group offers up to 85% LTV on purchase and rate-and-term and up to 80% LTV on cash-out in select markets for qualified borrowers. Minimum loan amounts often start near $50,000.
Use the max DSCR loan amount calculator and minimum rent for DSCR calculator to stress-test rent and opex.
LTV caps (qualified files)
| Transaction | Max LTV |
|---|---|
| Purchase | Up to 85% |
| Rate-and-term refi | Up to 85% |
| Cash-out refi | Up to 80% |
Loan amount = appraised value × LTV cap, constrained by DSCR ≥ lender minimum (often 1.0–1.25 depending on program).
DSCR loans overview · DSCR glossary
Worked example — max loan from value and rent
Property: $320,000 appraised SFR · $2,100/mo market rent · 7.25% rate · 85% LTV purchase
| Step | Calculation | Result |
|---|---|---|
| LTV cap | $320,000 × 85% | $272,000 max loan |
| PITIA estimate (75% LTV) | ~$1,890/mo | DSCR ~1.11 at $2,100 rent |
| DSCR floor at 1.0 | Rent must cover PITIA | Pass at 75% LTV |
If rent were $1,750/mo, DSCR fails at 75% LTV — you need lower LTV or higher rent. Use minimum rent for DSCR calculator.
Product-specific loan limits
| Program | Typical max leverage | Notes |
|---|---|---|
| DSCR purchase/R&T | 85% LTV select markets | Property cash flow drives final amount |
| DSCR cash-out | 80% LTV select markets | Proceeds = new loan minus payoff and costs |
| Second position DSCR | 80% combined LTV | $125K–$1M; 640 FICO; combined DSCR > 1.0 |
| Investment HELOC | 80% CLTV 1st / 70% 2nd | $400K max 1st lien; 680 FICO |
Jaken Finance Group DSCR rates: 5.75%–10.5% fixed or ARM. Close: ~14 business days. DSCR glossary · max DSCR loan calculator
DSCR sizing — rent drives the number
Even at 85% LTV, rent may cap the loan below the LTV maximum:
| Appraised value | LTV cap | Max by LTV | Rent | PITIA (75% LTV) | DSCR | Max loan |
|---|---|---|---|---|---|---|
| $400K | 85% | $340K | $2,800/mo | ~$2,100/mo | 1.33 | $340K OK |
| $400K | 85% | $340K | $2,100/mo | ~$2,100/mo | 1.0 | ~$300K |
| $400K | 85% | $340K | $1,850/mo | ~$2,100/mo | 0.88 | Decline or lower LTV |
Use max DSCR loan amount calculator before you write the offer.
Portfolio scaling with DSCR
DSCR has no conventional 10-loan cap — each property qualifies on its own cash flow. Jaken Finance Group publishes 5.75%–10.5% with close in ~14 business days. Scale rental portfolio guide · DSCR hub
LTV grid — how rent caps your loan amount
DSCR sizing starts with PITIA at the note rate, then solves for max loan:
| Market rent | Est. PITIA at 7.5%, 80% LTV on $300K | Max loan at 1.0 DSCR |
|---|---|---|
| $2,100/mo | ~$2,100/mo | ~$300K |
| $1,850/mo | need lower LTV or rate | ~$265K |
| $1,600/mo | sub-1.0 at 80% | ~$230K or bridge first |
Jaken Finance Group offers up to 85% purchase and 80% cash-out in select markets at 5.75%–10.5%. Use the DSCR calculator with tax and insurance from the actual quote, not a national average.
Property types that borrow differently
2–4 units use aggregate rent but higher reserves. Condos may cap LTV if HOA delinquency is high. Short-term rentals often underwrite to long-term market rent, not Airbnb gross — size accordingly. DSCR below 1 · LLC vesting · closing costs
Cash-out refi — max proceeds worked example
| Line | Amount |
|---|---|
| Appraised value | $380,000 |
| Existing payoff | $245,000 |
| Max LTV (80% cash-out) | $304,000 |
| New loan amount | $304,000 |
| Closing costs (~3%) | −$9,120 |
| Net cash to sponsor | ~$49,880 |
Proceeds = new loan minus payoff minus closing costs — not 80% of equity. Jaken Finance Group cash-out caps at 80% LTV in select markets at 5.75%–10.5%.
2–4 unit sizing — aggregate rent rules
| Units | Rent used | Reserve requirement |
|---|---|---|
| 1 SFR | Lease or 1007 | 6 months PITIA |
| Duplex | Unit 1 + Unit 2 | 6 months PITIA |
| Triplex / fourplex | All units summed | 6–12 months PITIA |
Vacant unit at closing: most programs use market rent for vacant door from appraisal — not $0 — but require lease-up reserve.
Portfolio scaling — no 10-loan cap
Conventional financing limits most investors to 10 mortgaged properties. DSCR qualifies each asset on its own cash flow — door 11, 15, and 20 each get separate underwriting. Jaken Finance Group closes in ~14 business days per file at 5.75%–10.5%. See scale rental portfolio guide.
Property types that borrow less than LTV max
| Property | LTV adjustment | Why |
|---|---|---|
| Condo (high HOA delinq.) | −5% to −10% | Lender risk on association |
| Rural / acreage | −5% to −15% | Liquidity and comp depth |
| STR (Airbnb) | Market rent, not gross | Income haircut |
| Mixed-use (retail + res) | Commercial appraisal | Blended income complexity |
Use max DSCR loan amount calculator with actual tax and insurance from the property address — national averages mis-size by $20K–$40K in high-tax states.
Interest-only DSCR — higher loan amount, same rent
Some DSCR programs offer IO period (5–10 years) with lower PITIA:
| Structure | PITIA on $280K at 7.5% | DSCR at $2,100 rent |
|---|---|---|
| 30-yr amortizing | ~$2,050/mo | 1.02 |
| 10-yr IO | ~$1,750/mo | 1.20 |
IO DSCR allows higher LTV on the same rent — trade-off is no principal paydown during IO period. Confirm permanent amortization terms after IO expires.
Cross-collateral portfolio DSCR — rare but exists
Standard DSCR is one property, one loan. Portfolio programs (select lenders) may:
- Size on aggregate portfolio DSCR across 3+ doors
- Allow blanket lien on multiple properties
- Cap at 80% LTV on portfolio basis
Jaken Finance Group evaluates each rental file independently — door four does not help door three’s LTV on standard DSCR.
Jumbo DSCR sizing — $1M+ loans
Luxury rentals and small multifamily above $1M loan amount face:
| Constraint | Typical jumbo DSCR |
|---|---|
| Max LTV | 70%–75% purchase |
| Min DSCR | 1.25+ |
| Reserve | 12 months PITIA |
| Rate | Upper half of 5.75%–10.5% |
Appraisal quality matters more — two appraisals or field review common above $1.5M.
Minimum loan amounts — small rental deals
| Loan amount | Challenge | Workaround |
|---|---|---|
| Under $75K | Fixed fees hurt yield | Raise down payment |
| $50K–$75K | Some lenders decline | Confirm program minimum |
| $100K+ | Standard grid | None |
Fixed $1,500 processing on a $60K loan equals 2.5 points before origination — small deals cost more per dollar borrowed.
Worked sizing — fourplex in Indianapolis
| Line | Value |
|---|---|
| Appraised value | $485,000 |
| Gross rent (4 units × $950) | $3,800/mo |
| Vacancy haircut (5%) | $3,610/mo effective |
| PITIA at 75% LTV, 7.375% | ~$3,350/mo |
| DSCR | 1.08 |
| Max loan by LTV (75%) | $363,750 |
| Max loan by DSCR at 1.0 | ~$340,000 |
| Binding max | $340,000 |
Rent caps loan below LTV max — raising one unit to $1,050/mo adds $100/mo aggregate and may unlock $15K+ additional loan amount.
Pre-qualify with your rent roll · (833) 264-7776