Archived May 2026 DSCR rate snapshot. For current September 2026 tables, see the live rates page.
Current rates: This is an archived May 2026 market note. For live tables and the latest commentary, see DSCR loan rates today.
In May 2026, DSCR loan rates for clean LLC-vested files clustered roughly in the 6.25%–7.875% band, with top-tier 720 FICO / 75% LTV / 1.10 DSCR quotes often in the 6.75%–7.25% range on a 30-year fixed.
Where rates were in May 2026
| Product | 720 FICO / 75% LTV / 1.10 DSCR (May snapshot) |
|---|---|
| 30-yr fixed | ~7.00% |
| 5/1 ARM | ~6.625% |
| 7/1 ARM | ~6.75% |
| 10-yr IO / 30-yr term | ~7.25% |
These were note-rate baselines with a typical ~1-point buydown assumption on a clean LLC-vested scenario — not lockable quotes.
What was driving May pricing
10-year Treasury / MBS spreads: Non-QM DSCR spreads to Treasuries had compressed versus 2024 peaks, which was the main reason absolute DSCR rates improved even when Fed Funds sat in a holding pattern.
LLPA stack still mattered: Sub-680 FICO, 80% LTV, no-ratio, and STR/non-warrantable overlays continued to add meaningful rate or LTV haircuts on top of the headline.
What to use now
For current numbers, use the weekly rates tables. To get a lockable quote on a specific deal, get matched.