Archived July 2026 DSCR rate snapshot. For current September 2026 tables, see the live rates page.
Current rates: This is an archived July 2026 market note. For live tables, see DSCR loan rates today.
As of July 11, 2026, DSCR loan rates for clean LLC-vested 1–4 unit rentals sat in a workable band: roughly 6.125%–7.375% on a 30-year fixed, depending on credit, LTV, and DSCR tier. The headline anchor for a standard file (720 FICO / 75% LTV / 1.00–1.24 DSCR) was near 6.75% on our blended network sheet (~1 point).
This post is a historical market snapshot. For the full live grids by credit tier and LTV — including 5/1 ARM, 7/1 ARM, and interest-only — use the canonical DSCR loan rates today page (updated every Monday).
Where rates were in July 2026
| Product | 720 FICO / 75% LTV / 1.00–1.24 DSCR |
|---|---|
| 30-yr fixed | ~6.75% |
| 5/1 ARM | ~6.375% |
| 7/1 ARM | ~6.50% |
| 10-yr IO / 30-yr term | ~7.00% |
Top-tier files (740+ FICO, 1.25+ DSCR, 75% LTV) clear closer to 6.125%–6.625% on 30-year fixed. Sub-1.0 DSCR or 680 FICO files typically land 6.875%–7.375%.
Freddie Mac’s owner-occupied 30-year fixed averaged 6.49% for the week of July 9, 2026 — a useful conventional benchmark, not an apples-to-apples DSCR quote. Single-lender “par / 0-point” marketing rates can print lower than our blended baselines.
These are blended broker-sheet baselines, not lockable quotes. State adjusters, condo/STR overlays, points, and prepay structure can move a file 0.25%–0.75%.
What changed since the May update
Spread stability: Non-QM DSCR spreads to the 10-year Treasury remain compressed versus 2024 peaks. Absolute note rates have been range-bound rather than trending hard either direction through early July.
Product mix: Demand for 30-year fixed DSCR remains dominant. ARM and interest-only still price with familiar discounts/premiums (roughly −0.25% to −0.50% for 5/1 ARMs; +0.125% to +0.375% for 10-year IO features).
No-ratio and portfolio: No-ratio DSCR and portfolio/blanket programs continue to carry their usual premiums and tighter LTV caps — useful for vacant/STR/scale files, not for chasing the lowest published rate.
Practical takeaways for July
- Shop the sheet, not the headline. The same credit/LTV/DSCR profile can price 25–50 bps apart across lenders.
- Lock if you’re under contract. Day-to-day movement is usually small (±0.125%), but floating through underwriting is rarely worth it on a dated purchase contract.
- Refinance math still hinges on PPP. A rate-and-term refinance that saves 0.50% may not pencil if you’re inside a 5/4/3/2/1 prepay window.
- Run the ratio first. Use the DSCR calculator before you rate-shop — tier (0.75 / 1.00 / 1.25) often moves pricing more than a few FICO points.
Use our DSCR rates page for the full credit-tier and LTV grid, updated every Monday. To get a real, lockable quote on your specific deal, get matched with the top 3 lenders in our network.
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