L.A. Mortgage Dude · Investment property lending · NMLS #2513002
Every DSCR loan program we offer, in one place: credit score, LTV, loan amount, DSCR minimums, short-term rentals, foreign nationals, ITIN, 5–10 units, blanket loans and closed-end seconds. 44 active programs, each with its own spec sheet. Use the finder to narrow them to your scenario.
| Program | Lien | Min credit | Max LTV purchase | Max LTV cash-out | Loan range | Min DSCR | Also allows |
|---|---|---|---|---|---|---|---|
| LAMD-D01 DSCR Standard 0.75+ (to $4M) | First lien | 620 | 80% (700 & 680, ≤$1.5M, DSCR ≥1) | 75% (700 & 680, ≤$1.5M) | $150K – $4M | 0.75 | |
| LAMD-D02 DSCR Standard (No Minimum DSCR, ITIN) | First lien | 620 | 85% (700, ≤$1M, DSCR ≥1) | 75% (700/680, ≤$1M) | $100K – $3M | Below 0.75 allowed | |
| LAMD-D03 DSCR Standard (No Minimum DSCR, ITIN) | First lien | 620 | 80% (700+ & 680–699, ≤$1.5M) | 75% (720+/700–719, ≤$1.5M) | $75K – $3M | No minimum for SFR/2-4 (condo/condotel… | |
| LAMD-D04 DSCR Standard 0.75+ | First lien | 620 (highest middle score qualifies;… | 80% (STR 75%; FTHB 75%;… | 80% (listed for sale in 12 mo 70%;… | $100K – $3M | 0.75 | |
| LAMD-D05 DSCR Standard (Below 0.75 Allowed) | First lien | 640 (DSCR ≥1) / 660 (DSCR <1) | 80% (700+, ≤$1.5M, DSCR ≥1) | 75% | $125K – $3.5M | Below 0.75 allowed | |
| LAMD-D06 DSCR Standard (Below 1.00 Allowed) | First lien | 640 (DSCR ≥1) / 660 (DSCR <1) | 80% (700, ≤$1.5M) | 75% (700, ≤$1.5M) | $100K – $3.5M | No stated floor in <1.00 grid | |
| LAMD-D07 DSCR Standard 0.75+ | First lien | 640 (DSCR ≥1, ≤$500K) | 80% (720 ≤$1M; 700 ≤$1.5M) | 80% (720, ≤$1M); 75% (700) | $100K – $3M | 0.75 | |
| LAMD-D08 DSCR Standard (No Minimum DSCR) | First lien | 640 | 85% (720, ≤$1.5M) | 80% (720/700, ≤$1M) | $100K – $3M | None – DSCR <0.75 allowed with LTV cuts | |
| LAMD-D09 DSCR Standard 0.75+ | First lien | 660 (additional borrowers 640) | 80% (720, $125K–$1.5M; 700 ≤$1M) | 75% (720, ≤$1M); 700: 70% | $75K – $3M | 0.75 (STR 1.15; <$125K 1.00) | |
| LAMD-D10 DSCR Standard 0.75+ | First lien | 660 | 80% (680+, ≤$1.5M; 740 ≤$2M) | 75% (720/700, ≤$1.5M) | $100K – $2.5M | 0.75 | |
| LAMD-D11 DSCR Standard 0.75+ | First lien | 660 | 80% (720+, ≤$1M, DSCR ≥1) | 75% (720+, ≤$1M) | $150K – $2M | 0.75 | |
| LAMD-D12 DSCR Standard (Two Credit Tiers) | First lien | Tier A 700 / Tier B 640 | 80% (Tier A ≤$1.5M 700+ DSCR≥1; Tier B… | 75% | $100K – $3M | Tier A 0.80 / Tier B 0.75 | |
| LAMD-D13 DSCR Recent Credit Event | First lien | 640 | 80% (DSCR≥1, ≤$1.5M, 680+); 70% at 640 | 75% (DSCR≥1); 60% (DSCR<1) | $125K – $2.5M | 0.75 | |
| LAMD-D14 DSCR Experienced Investor 0.80+ | First lien | 680 (FN no FICO tier) | 80% (700+) | 75% (700+); 680–699 CO N/A | $100K – $3M | 0.80 | |
| LAMD-D15 DSCR Prime (Prepay Required) | First lien | 620 floor (no FICO-by-loan-size grid… | Ask us (condos max 70%) | Listed for sale in last 12 months 70%;… | $100K – $1.5M | 1.00 (1.25 for $100–150K) | |
| LAMD-D16 DSCR Prime 680+ | First lien | 680 | 80% (700, ≤$1.5M) | 75% | $100K – $2.5M | 1.00 | |
| LAMD-D17 DSCR Prime 680+ | First lien | 680 (lowest middle score of all… | 80% (740/720/700, ≤$1M) | 75% (740/720, ≤$1M); 700: 75% | $150K – $2M | 1.00 (720+); 1.20 (680–719) | |
| LAMD-D18 DSCR Prime 720+ | First lien | 720 (additional borrowers 640;… | 80% (740 ≤$2M; 720 ≤$1.5M); 720 $2M: 75% | 75% (740 ≤$2M; 720 ≤$1.5M); 720 $2M: 70% | $150K – $2M | 1.00 (STR 1.15) | |
| LAMD-D19 DSCR Standard 0.75+ & No-Ratio | First lien | 660 | 80% (720+, ≤$1M, DSCR ≥1) | 75% (720+, ≤$1M) | $100K – $3M | 0.75 (no-ratio also allowed) | |
| LAMD-D20 DSCR Standard 0.75+ & No-Ratio | First lien | 660 | 80% (DSCR ≥1, 720, ≤$1M) | 75% (DSCR ≥1, 720) | $125K – $2M | 0.75 or no ratio | |
| LAMD-D21 DSCR Standard 0.80+ & No-Ratio | First lien | 680 | 85% purchase only (720, ≤$1M, DSCR 1.00) | 75% (700, ≤$2M) | $100K – $3M | 0.80; below 0.80 = no-DSCR tier | |
| LAMD-D22 DSCR No-Ratio | First lien | 700 | 70% (740+, ≤$1M) | 60% (740+, ≤$1M) | $150K – $2M | None – DSCR not calculated | |
| LAMD-D23 DSCR No-Ratio | First lien | 700 (additional borrowers 660) | 75% (740, ≤$1M) | 65% (740, ≤$1M) | $125K – $1.5M | 0 to <0.75 (no-ratio) | |
| LAMD-D24 DSCR Jumbo $2M–$4.5M | First lien | 740 | 65% (to $4.5M) | 60% | $2M – $4.5M | 1.25 | |
| LAMD-D25 DSCR Standard (No-Ratio, ITIN, Foreign National) | First lien | 600 (FICO <620 needs 12 mo reserves) | 85% (720+, ≤$1.5M; >80% needs DSCR… | 75% (660+, ≤$1.5M) | $100K – $3M | None (no-ratio allowed) | |
| LAMD-D26 DSCR Standard 0.70+ (ITIN & Foreign National) | First lien | 620 | 85% (720, ≤$1M) | 75% (700 ≤$1.5M; 680 ≤$1M) | $100K – $2.5M | 0.70 floor | |
| LAMD-D27 Foreign National DSCR | First lien | 660 or no FICO (DSCR <1: 680 or no… | 75% (≤$1M); 70% $1.5M; 60% $2M; 55%… | 70% ($1M, 680+/no FICO); 660–679 55%… | $75K – $3M | Below 0.75 allowed (max 65%) | |
| LAMD-D28 Foreign National DSCR | First lien | 680 if US credit exists; otherwise no… | 75% (≤$1M, DSCR ≥1) | 65% | $125K – $3M | Below 0.75 allowed | |
| LAMD-D29 Foreign National DSCR | First lien | 680 or no credit score | 75% (≤$1.5M, DSCR ≥1) | 70% (≤$1M) | $150K – $2.5M | Below 1.00 allowed | |
| LAMD-D30 Foreign National DSCR | First lien | 680 with US credit; foreign credit… | 65% (≤$1M) | 60%; FL condo cash-out 50% | $150K – $1M | 1.00 | |
| LAMD-D31 Foreign National DSCR | First lien | 700 with US credit; otherwise no score | 70% (≤$2M) | 65% (≤$2M); condo & 2-4 max 65% | $150K – $3M | 1.00 (grid shown for DSCR ≥1.00) | |
| LAMD-D32 Foreign National DSCR | First lien | 700 or no FICO | 1 unit 70% / 2-4 units 65% (≤$1.5M) | Not allowed | $150K – $1.5M | 1.00 | |
| LAMD-D33 ITIN DSCR | First lien | 700 | 75% (≤$1M) | 65% | $125K – $1M | 1.00 | |
| LAMD-D34 Condotel DSCR | First lien | 660 | 75% (680+, ≤$1M) | 65% | $150K – $2M | 1.00 (rents at 80% of market/history) | |
| LAMD-D35 DSCR Multi-Tier (to $4.5M, 5–10 Units) | First lien | 620 (Tier 3) | 85% (Tier C: 740, ≤$1.5M); 80% at most… | 75% (700 FICO on Tiers A, B and E; Tier… | $100K – $4.5M | 0.75 | |
| LAMD-D36 DSCR 5–8 Units | First lien | 660 | 75% (DSCR ≥1.20, 720+, ≤$1.5M) | 70% (740/720, ≤$1M) | $400K – $2.5M | 1.10 (1.10–1.19 tier: 740+ only, 70% /… | |
| LAMD-D37 DSCR 5–10 Units | First lien | 680 | 75% (700 ≤$3M; 680 ≤$2M) | 70% (700 ≤$2.5M; 680 ≤$2M) | $750K – $3M | 1.15 | |
| LAMD-D38 DSCR 5–8 Units & Mixed Use | First lien | 700 | 75% (≤$1.5M) | 65% | $300K – $3M | 1.00 | |
| LAMD-D39 Blanket DSCR (2–25 Properties) | First lien – blanket | 660 | 80% (700, DSCR >1.20, ≤$1.5M) | 75% | $200K – $4M | Loan 1.00 / each property 0.75 | |
| LAMD-D40 Blanket DSCR (2–15 Properties) | First lien | 680 | 75% | 70% (≤$1.5M, 700+); 60% at $2M | $250K – $2M | 1.10 loan-level AND 1.10 per property | |
| LAMD-D41 DSCR Closed-End Second | Second lien | 680 | 65% CLTV (740/720/700, ≤$750K) | 60% CLTV; 55% at $1M (720) | $150K – $1M | 1.00 (STR 1.15) | |
| LAMD-D42 DSCR Closed-End Second | Second lien | 680 | N/A – stand-alone cash-out only | 80% CLTV (720, $50–350K); 75% (700);… | $50K – $750K | 1.00 | |
| LAMD-D43 DSCR Closed-End Second | Second lien | 680 (FN: no score or 680) | Piggyback only: 75% CLTV (720+, ≤$350K) | Same CLTV grid | $50K – $500K | 1.00 | |
| LAMD-D44 DSCR Closed-End Second | Second lien | 700 (no borrower mid-score <660);… | N/A – concurrent closing ineligible | 75% CLTV (720) / 70% (700) | $100K – $350K | 1.00 – lease required |
A DSCR loan qualifies an investment property on the rent it produces instead of the borrower's personal income. DSCR (debt service coverage ratio) is the property's monthly rent divided by the monthly payment including principal, interest, taxes, insurance and HOA dues (PITIA). A DSCR of 1.00 means the rent exactly covers the payment. No tax returns, W-2s or pay stubs are used.
Yes. 13 programs allow a DSCR below 0.75 or calculate no ratio at all (no-ratio). They usually require a higher credit score and a lower LTV. Programs: LAMD-D02, LAMD-D03, LAMD-D05, LAMD-D06, LAMD-D08, LAMD-D19, LAMD-D20, LAMD-D21, LAMD-D22, LAMD-D23, LAMD-D25, LAMD-D27, LAMD-D28.
25 programs accept a DSCR below 1.00, most down to 0.75, and some have no minimum. Programs: LAMD-D01, LAMD-D02, LAMD-D03, LAMD-D04, LAMD-D05, LAMD-D06, LAMD-D07, LAMD-D08, LAMD-D09, LAMD-D10, LAMD-D11, LAMD-D12, LAMD-D13, LAMD-D14, LAMD-D19, LAMD-D20, LAMD-D21, LAMD-D22, LAMD-D23, LAMD-D25, LAMD-D26, LAMD-D27, LAMD-D28, LAMD-D29, LAMD-D35.
Yes. 30 programs accept short-term rental income, documented with 12 months of platform or property manager statements or, on many purchases, an AirDNA-type projection or an appraiser's short-term rent analysis. Limits are usually tighter (often 70–75% LTV and DSCR 1.00 or higher). Programs: LAMD-D01, LAMD-D02, LAMD-D03, LAMD-D04, LAMD-D05, LAMD-D06, LAMD-D07, LAMD-D08, LAMD-D09, LAMD-D10, LAMD-D11, LAMD-D12, LAMD-D13, LAMD-D14, LAMD-D18, LAMD-D19, LAMD-D20, LAMD-D21, LAMD-D25, LAMD-D26, LAMD-D28, LAMD-D29, LAMD-D31, LAMD-D32, LAMD-D33, LAMD-D34, LAMD-D35, LAMD-D39, LAMD-D41, LAMD-D42.
Yes. 13 programs lend to foreign nationals on U.S. investment property, typically at 60–75% LTV, some with no U.S. credit score. Programs: LAMD-D01, LAMD-D08, LAMD-D14, LAMD-D21, LAMD-D25, LAMD-D26, LAMD-D27, LAMD-D28, LAMD-D29, LAMD-D30, LAMD-D31, LAMD-D32, LAMD-D43.
Yes. 5 programs accept ITIN borrowers. Programs: LAMD-D02, LAMD-D03, LAMD-D25, LAMD-D26, LAMD-D33.
Yes. 24 programs accept first-time investors, usually with a DSCR of at least 1.00 and a credit score of 680–700 or higher. Programs: LAMD-D01, LAMD-D02, LAMD-D03, LAMD-D04, LAMD-D05, LAMD-D06, LAMD-D07, LAMD-D08, LAMD-D09, LAMD-D10, LAMD-D11, LAMD-D12, LAMD-D13, LAMD-D14, LAMD-D18, LAMD-D19, LAMD-D20, LAMD-D21, LAMD-D25, LAMD-D26, LAMD-D29, LAMD-D31, LAMD-D32, LAMD-D35.
Yes. 7 programs cover 5+ unit residential or mixed-use buildings. Programs: LAMD-D01, LAMD-D25, LAMD-D26, LAMD-D35, LAMD-D36, LAMD-D37, LAMD-D38.
Yes. Blanket (cross-collateralized) programs cover multiple properties on one loan: LAMD-D39, LAMD-D40.
Yes. 4 closed-end second programs qualify on DSCR and leave your existing first mortgage in place. Programs: LAMD-D41, LAMD-D42, LAMD-D43, LAMD-D44.
Yes. 31 programs allow condotels, non-warrantable condos or both. Programs: LAMD-D01, LAMD-D02, LAMD-D03, LAMD-D04, LAMD-D05, LAMD-D06, LAMD-D08, LAMD-D09, LAMD-D10, LAMD-D11, LAMD-D12, LAMD-D13, LAMD-D14, LAMD-D15, LAMD-D19, LAMD-D20, LAMD-D21, LAMD-D22, LAMD-D23, LAMD-D24, LAMD-D25, LAMD-D26, LAMD-D27, LAMD-D28, LAMD-D29, LAMD-D32, LAMD-D33, LAMD-D34, LAMD-D35, LAMD-D39, LAMD-D43.
The lowest published minimum is 600, with reduced LTV. Most programs start at 620–680, and the best terms usually need 720 or higher. Lowest-score program: LAMD-D25.
Up to $4.5M on the largest programs; most programs go to $2M–$3.5M. Largest programs: LAMD-D24, LAMD-D35.
Yes. 41 programs allow vesting in an LLC or other entity, usually with a personal guarantee from owners of 25% or more.
These are summaries of DSCR (debt service coverage ratio) loan programs offered through L.A. Mortgage Dude, NMLS #2513002, licensed in Arizona, California, Colorado, Florida, Georgia, New Jersey, North Carolina, Oregon, Pennsylvania, Texas, Washington and Virginia. Not all programs are available in every state. Program codes are internal names. Limits shown are maximums or minimums before scenario-specific adjustments; actual terms depend on credit, property, appraisal, reserves and full underwriting. This is not a commitment to lend, a loan approval or a rate quote. Guidelines change without notice. Business-purpose investment property loans only. Equal Housing Opportunity.