DSCR Loan Rates: Get Live Updated DSCR Loan Rates Today

Typical DSCR loan rates today

As of September 4, 2026, 30-year fixed DSCR loans are pricing at roughly 6.32% to 6.57% for US investors with strong files at 70% loan-to-value. Foreign nationals typically pay a premium of 0.40% to 0.80% depending on US credit history, which puts typical foreign national DSCR rates at around 6.72% to 7.12%. These rates float daily with the 5-year US Treasury, currently 4.54%.

Use my simple DSCR interest rate estimator tool below to get an instant DSCR loan rate estimate based on your borrower profile and deal.

Estimated rates are calculated based on today's 5-year U.S. Treasury (updated daily) plus a spread for your borrower profile, loan-to-value, and the property's cash flow (DSCR). Estimates only, not a rate quote.

The 5-year US Treasury — the benchmark most DSCR lenders price from — stands at 4.54% as of September 2, 2026.

Foreign national vs US citizen DSCR rates

Most rate pages ignore this entirely, so here it is side by side. The premium a foreign national pays is structural, not a penalty: without a US credit file, the lender prices in what it cannot see. Establish US credit and the gap roughly halves.

The bottom of every range on this page goes to the strongest files: 65% loan-to-value or less, a DSCR above 1.25, and 740+ US credit where it exists. Weaker files price toward the top.

DSCR loan rates by LTV

Leverage is the biggest rate lever you control. Every 5% of loan-to-value you add costs you on rate, and the step from 70% to 80% is bigger than most investors expect. The tables below use the same pricing model as the estimator above. All ranges assume an average property with a DSCR above 1.25 and a US credit file of 720 or higher. Foreign nationals typically add 0.40% with US credit or 0.80% without — see the foreign national table at the end.

One note from my own borrowing: 80% LTV is rarely available to foreign nationals. Most foreign national DSCR programs cap at 70% to 75%, and the best pricing I have seen has consistently been at 70% or below.

DSCR loan rates by credit score

Credit is the biggest single lever after leverage. Each tier below is modeled on a 30-year fixed at 70% LTV with a strong DSCR (1.25+). Foreign nationals without a US credit file are priced with a premium instead of a score — see the foreign national tables above.

Two honest caveats: most lenders floor out between 620 and 680, and in my experience US credit only helps a foreign national once the score is genuinely strong, around 740 or better. A thin or average US file can price worse than no file at all.

First, I'm not a lender. I'm an investor (and borrower).

I have purchased 120+ rental properties in the U.S. since 2016, and DSCR loans are the cornerstone of my own financing strategy. I've borrowed over $6m across probably 200+ purchase and/or refinance loans. Everything on this post is based on my own personal experience working with a range of lenders across multiple loans.

If you;re here looking for a rate quote, you can use my free DSCR loan rate estimator below. I created this tool based on hundreds of loan quotes on a range of prroperties from mulitple lenders. It updates daily with 5-year treasury yields direct from the St Louis Federal Reserve Bank, and adds a spread based on your profile (and specific property if you have one).

It's not pefect, but it is pretty accurate!

Fixed, ARM, and interest-only

DSCR lenders offer three structures. I've used all of the, and the one you choose affects both your rate and your cash flow.

One thing to ber in mind that might sound counterintuitive is that a lower rate, or a higher loan-to-value, are not always the best choice.

In my experience, you need to look at the deal holistically, including interest rate, lock-in period, pre-payment penalties, upfront fees, cash reserve requirements, and your own hold/sell/refinance strategy.

By way of quick example, let's take a look at the difference between fixed rate, ARM, and interest only DSCR loans.

• Fixed rate: the rate is locked for the full 15 or 30-year term. I use 30-year fixed loans for my own rentals because the predictable payment makes long-term cash flow projections reliable. The trade-off is a slightly higher starting rate than an ARM and a prepayment penalty of up to 5 years.
• Adjustable rate (ARM): an ARM DSCR typically gives you a lower rate fixed for the first 5, 7, or 10 years, then adjusts periodically against an index plus margin, with caps. That basically means the rate changes once or twice per year after the fixed rate period ends. Good if you plan to sell or refinance inside the fixed window (depedning on pre-payment penalties), or if you think interest rates will be lower in the future.
• Interest-only: these are interesting. It's usually a 40-year loan, interest-only for 10 years then amortizing for the final 30. The lower early payment (interest only) improves a rental property's cash flow and can help a thin-margin property qualify for a DSCR loan by improving the actual DSCR ratio. A lot of my foreign investors from the UK use interest only loans for thir UK buy to let properties.

For a deeper comparison see DSCR ARM vs fixed, and weigh a full-doc option in DSCR vs conventional loans. You can also refinance an existing rental; I do it regularly, as covered in my DSCR cash-out refinance guide.

How DSCR loan rates are calculated

It is a common misconception that your rate comes purely from your DSCR. In practice it is a mix of the benchmark, the property, and your borrower profile.

• 5-year Treasury yield: the risk-free base. DSCR loans track the 5-year Treasury because investors hold for shorter periods than homeowners, who anchor conventional rates to the 10-year.
• DSCR ratio: gross rent relative to the total PITI payment. Lenders want 1.0 to 1.25 or higher, and a stronger ratio earns a lower rate.
• Loan-to-value: rates start to climb above about 75% LTV.
• Loan size: loans under $100,000 usually price higher, and very large loans can too.
• Credit and residency: a higher FICO earns a better rate; non-residents can still qualify, usually at a small premium.
• Points and prepayment: paying points buys the rate down; on real quote ladders I have seen, roughly 1 to 1.5 points buys about 0.25% off. A longer prepayment lock-in also lowers the rate.
• The lender: pricing varies widely, which is why a broker with whole-market access is worth having.

To figure out if buying a lower rate with points is worth it, run the breakeven first, see DSCR loan terms decoded.

Case study: a Kansas City rental

Here is a real example, an off-market five-bedroom rental I helped a client buy in Kansas City, Missouri in July 2025. It was turnkey with a tenant paying $2,150 a month, financed with a DSCR loan at 7.25%.

• Purchase price: $240,000
• Monthly rent: $2,150
• Down payment: $60,000
• Loan amount: $180,000
• Loan-to-value: 75%
• Rate: 7.25%
• Monthly P&I: $1,227.92
• Taxes and insurance: $81.50 and $120
• Total PITI: $1,429.42

With rent of $2,150 against PITI of $1,429.42, the property came in at a DSCR of 1.50 and qualified easily.

The rate was a touch higher because the buyer was a non-resident without U.S. credit, but the property still delivered about $720 a month in cash flow before reserves.

For a more detailed breakdown of a DSCR funded deal, see my Cleveland duplex case study, or browse some of our client case studies.

How to get the lowest DSCR loan rate

A few things move your rate before you ever apply:

• Start with a good property: a quality rental with a paying tenant and verifiable income prices better than a vacant one. This is why I focus on turnkey rentals renovated to a high standard.
• Maximize income: bring an under-rented unit to market rent to lift the DSCR.
• Reduce costs: shop landlord insurance, since a lower premium raises the DSCR.
• Structure the loan: drop to 70% or 65% LTV, pay points only if your hold period clears the breakeven, and take the standard 5-year prepayment term rather than paying to shorten it.
• Improve the ratio: more tactics in my guide to improving your DSCR, and shop lenders with my best DSCR lenders list.

DSCR loan requirements

The core requirements are simpler than a conventional mortgage. Lenders typically look for a property whose rent covers the mortgage payment (a DSCR of 1.0 or better, with the best pricing above 1.25), a down payment of 20% to 25% — usually 25% to 30% for non-residents — cash reserves of 3 to 12 months of payments, and a purchase in the name of a US LLC. No US income, no tax returns, and for foreign nationals, no US credit history required. The property qualifies, not you.

Get a rate for a specific property

The estimator above gives you a quick rate from your borrower profile. For a more precise rate on a specific property, plus DSCR, payment, closing costs, and reserves, use our free DSCR loan calculator.

I hope you've found this post and my DSCR loan rate calculator useful. If you'd like to speak to an expert about funding your next U.S. rental property with a DSCR loan, you can book a call with me or my team.