Investor Multifamily Capital | Maine

DSCR Loans for Maine Real Estate Investors

No W2. No Tax Returns. Qualify Based on Your Property's Cash Flow.

Maine's investor market is led by Portland - one of the fastest-appreciating rental markets in the Northeast - with strong secondary opportunities in Lewiston-Auburn, Biddeford, and Bangor. Portland's chronic housing shortage and in-migration from Boston drives premium rents on multifamily and STR properties alike. Lewiston-Auburn offers cash-flow multifamily at acquisition prices that produce clean DSCR ratios. IMC structures DSCR loans for Maine investors across long-term rentals, STR coastal properties, and small multifamily portfolio builds.

Who This Is For

  • Buy-and-hold rental investors
  • Investors refinancing out of hard money or bridge loans
  • Self-employed investors
  • Portfolio builders
  • Short-term rental investors

Typical Uses

  • Rental property purchase
  • Investment property refinance
  • Cash-out refinance
  • Short-term rental financing
  • Small multifamily financing

25 Years Experience | Investor-Only Lending | No W2 Required | Close in 2-3 Weeks | Maine Specialist

Program Parameters

DSCR Loans
Loan Amounts$75K - $3M
LTVUp to 80% purchase / 75% cash-out
Min FICO660 (680+ best pricing)
DSCR Minimum1.0 (no-ratio available)
Property Types1-8 units, select 9+ commercial
Terms30-year fixed, ARM, interest-only available
Income DocsNone required
Closing2-3 weeks typical

How a Portland, ME investor refinanced a rental portfolio

Worked scenario
Property3-unit rental
Purchase Price$425,000
Loan Amount$318,750
Key MetricDSCR 1.21
OutcomeLong-term rental debt placed
Timeline19 days

Target Markets

ME ZIP focus

04101, 04102, 04103, 04106, 04240, 04241, 04401, 04402, 04005, 04007

FAQ

Investor searches
Can I get a DSCR loan in Maine?Yes. IMC structures DSCR loans for eligible investment properties in Maine, subject to property cash flow, borrower profile, and capital source guidelines.
What DSCR ratio do I need to qualify?Many programs review DSCR at 1.0 or higher, with stronger pricing and structure generally available at higher ratios.
Do I need tax returns for a DSCR loan in ME?Most DSCR programs qualify the property based on rental income instead of personal W2 income or tax returns.
Can I use a DSCR loan for a short-term rental in Maine?Yes, eligible STR properties may use projected or historical short-term rental income depending on the capital source.
How fast can I close a DSCR loan in Maine?Clean files commonly close in 2-3 weeks, though timing depends on appraisal, title, entity docs, and underwriting.
What is the minimum down payment for a DSCR loan in ME?Many DSCR purchases start around 20-25% down, depending on property type, score, leverage, and DSCR.
Can I close a DSCR loan in an LLC in Maine?Yes. LLC and entity borrowers are common for business-purpose investment property loans.

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