Investor Multifamily Capital | Andover, MA
DSCR Loans for Massachusetts Real Estate Investors
No W2. No Tax Returns. Qualify Based on Your Property's Cash Flow.
A DSCR loan lets real estate investors qualify based on the property's rental income, not personal W2s or tax returns. If the property cash flows, you may qualify.
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 | Massachusetts Specialist
Program Parameters
Capital boxLoan 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 Worcester, MA investor refinanced a rental
Worked scenarioPropertyTriple-decker
Purchase Price$540,000
Loan Amount$405,000
Key MetricDSCR 1.24
OutcomeLong-term rental debt placed
Timeline19 days
FAQ
Investor searchesCan I get a DSCR loan in Massachusetts?Yes. IMC structures DSCR loans for eligible Massachusetts investment properties, 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 MA?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 Massachusetts?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 Massachusetts?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 MA?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 Massachusetts?Yes. LLC and entity borrowers are common for business-purpose investment property loans.