Shop every DSCR lender in America. We negotiate — you close faster.

Book a free call(989) 662-1099
DDSCR Authority

Type to search the site.Press ⌘K

ES
Rates updated July 11, 2026

Last reviewed July 11, 2026

DSCR Loan Rates Today [July 2026]

DSCR loan rates are the interest rates on investment-property mortgages underwritten on the property's rental income (DSCR = rent ÷ PITIA), not the borrower's personal income. As of July 11, 2026, a standard file (720 FICO, 75% LTV, 1.00–1.24 DSCR) anchors near 6.75% on a 30-year fixed; top-tier files (740+ FICO, 1.25+ DSCR) start around 6.125%–6.50%. Tables below show blended multi-lender baselines (typically ~1 point) by credit tier, LTV, and DSCR ratio — refreshed every Monday from our DSCR lender network's broker rate sheets. Single-lender “par / 0-point” marketing quotes can print lower; lockable pricing still depends on the full file.

These are blended market baselines for an LLC-vested DSCR loan on a 1-4 unit rental. Your real quote depends on state, property type, loan size, prepay structure, and points. Want a lockable number? Get matched with the top 3 offers.

Current DSCR loan rates — quick answer (July 2026)

Sub-1.0 DSCR and 680 FICO scenarios run ~6.875%–7.375%. Profile ranges in the table below — not lockable quotes.

Investor profile30-yr fixed rangeTypical use
Best tier — 740+ FICO, 1.25+ DSCR, 75% LTV6.125%–6.625%Stabilized SFR, strong cash flow
Standard — 720 FICO, 1.0–1.24 DSCR, 75% LTV6.625%–7.00%Most common DSCR purchase/refi
Sub-1.0 DSCR or 680 FICO6.875%–7.375%Thin cash flow, credit haircuts
5/1 ARM (standard tier)~0.375% below fixed5–7 year hold strategies
10-year interest-only add+0.25% vs P&I fixedRent ramp-up, cash-flow sensitive deals

Full grids by credit tier and LTV appear below. For US multifamily (5+ units), see Multi-Family USA. For broker matching across 1,000+ lenders, LendCity and our free Get Matched flow shop your scenario with no credit pull.

Find your rate cell

Pick your scenario to highlight the matching row and column in the tables below.

Qualification estimatorGet matched with lenders

30-year fixed DSCR rates

The most common DSCR product. Rates shown are baseline note rates — not APR — and assume 1-point buydown baked in.

DSCR 1.25+ (best pricing)

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+6.125%6.25%6.375%6.50%6.75%
720-7396.25%6.375%6.50%6.625%6.875%
700-7196.375%6.50%6.625%6.75%7.00%
680-6996.50%6.625%6.75%6.875%7.125%
660-6796.75%6.875%7.00%7.125%7.25%
620-6597.00%7.125%7.25%7.375%7.375%

DSCR 1.00-1.24

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+6.25%6.375%6.50%6.625%6.875%
720-7396.375%6.50%6.625%6.75%7.00%
700-7196.50%6.625%6.75%6.875%7.125%
680-6996.625%6.75%6.875%7.00%7.25%
660-6796.875%7.00%7.125%7.25%7.375%
620-6597.125%7.25%7.375%7.375%7.375%

DSCR 0.75-0.99

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+6.50%6.625%6.75%6.875%7.125%
720-7396.625%6.75%6.875%7.00%7.25%
700-7196.75%6.875%7.00%7.125%7.375%
680-6996.875%7.00%7.125%7.25%7.375%
660-6797.125%7.25%7.375%7.375%7.375%
620-6597.25%7.375%7.375%7.375%7.375%

Free strategy call

Lock this rate — talk to a loan officer

These tables are market baselines. Book a free 30-minute call and we'll walk through your scenario and shop live lender pricing.

  • No hard sell — just guidance
  • Licensed U.S. loan officers
  • Phone or Microsoft Teams
(989) 662-1099

Prefer async? Get your top 3 offers by email

Tell us your scenario once — we'll shop 1,000+ lenders and send your top 3 offers within one hour.

1. Prop.2. Fin.3. Prof.4. Cont.

Soft match — no credit pull, no spam. Your info stays with licensed brokers only.

5/1 ARM DSCR rates

Fixed for 60 months, then adjusts annually. Typically 0.375% lower than 30-year fixed in the current environment. Shown at DSCR 1.00-1.24.

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+5.875%6.00%6.125%6.25%6.50%
720-7396.00%6.125%6.25%6.375%6.625%
700-7196.125%6.25%6.375%6.50%6.75%
680-6996.25%6.375%6.50%6.625%6.875%
660-6796.50%6.625%6.75%6.875%7.00%
620-6596.75%6.875%7.00%7.00%7.00%

7/1 ARM DSCR rates

Fixed for 84 months, then adjusts annually. Typically 0.25% below 30-year fixed. Most popular middle-ground for investors planning a 5-8 year hold.

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+6.00%6.125%6.25%6.375%6.625%
720-7396.125%6.25%6.375%6.50%6.75%
700-7196.25%6.375%6.50%6.625%6.875%
680-6996.375%6.50%6.625%6.75%7.00%
660-6796.625%6.75%6.875%7.00%7.125%
620-6596.875%7.00%7.125%7.125%7.125%

Interest-only DSCR rates (10-year IO / 30-year term)

10 years of interest-only payments, then P&I for years 11-30. Typically +0.25% over comparable 30-year fixed. Useful when first-year cash flow needs to cover debt service during rent ramp-up.

Credit tier60% LTV65% LTV70% LTV75% LTV80% LTV
740+6.50%6.625%6.75%6.875%7.125%
720-7396.625%6.75%6.875%7.00%7.25%
700-7196.75%6.875%7.00%7.125%7.375%
680-6996.875%7.00%7.125%7.25%7.50%
660-6797.125%7.25%7.375%7.50%7.625%
620-6597.375%7.50%7.625%7.625%7.625%

Rate methodology

Every Monday we pull broker-facing rate sheets from the DSCR lenders in our active network, strip out per-lender margin and state adjusters, and publish the blended median for a clean scenario: LLC-vested, 1-4 unit rental, no points beyond a 1-point buydown, 5-year step-down prepay, 60-day lock.

Individual lender rates on any given day will be ±0.25% of these tables. Some lenders will be materially higher on credit below 680; others will be lower on deals above 720. The value of these tables is as a sanity check — if a lender quotes you +0.75% over this table, there's either a deal-specific adjuster (state, prepay, property type) or a better price somewhere else.

We do not accept paid placement. No lender pays to be included or to nudge their numbers lower on this page.

What drives DSCR rates

  • Credit (FICO): The biggest single driver. Each 20-point FICO band is typically worth 0.125%-0.25%.
  • LTV: Each 5% LTV step adds about 0.125%. Going above 75% LTV is where most lenders start adding meaningful bumps.
  • DSCR ratio: A DSCR above 1.25 earns the best tier. Between 1.00 and 1.24 is standard. Below 1.00 (including no-ratio) adds 0.25%-0.50%.
  • Property type: 1-unit SFR is the base. 2-4 unit adds 0-0.25%. Condo adds 0.125%-0.25%. Non-warrantable condo and short-term rental add more.
  • State: Judicial foreclosure states and high-cost-to-lender states (NY, NJ, IL, and occasionally FL on some sheets) carry adjusters of 0.125%-0.25%.
  • Loan amount: Below $150K and above $2M both add premium. The sweet spot is $200K-$1.5M.
  • Prepayment penalty: Choosing a 5-year step-down earns the best rate. Shorter or no prepay adds 0.25%-0.50%. See the prepayment penalties guide.

Historical trend: Q1 2025 → Q1 2026

DSCR rates entered 2025 in the 7.75%-8.25% range at our 720/75/1.10 anchor, tracked the broader rate environment lower through the summer, and settled near 7.00% entering Q4 2025. H1–mid 2026 saw further compression as agency MBS spreads tightened and non-QM investor appetite returned; the current 720/75/1.00–1.24 anchor sits near 6.75%. Freddie Mac's owner-occupied 30-year fixed benchmark averaged 6.49% for the week of July 9, 2026 (up from 6.43% the prior week). Near-term direction is range-bound: we expect baseline pricing to stay between roughly 6.25% and 7.00% through H2 2026 absent a macro shock.

Investment property mortgage rates — DSCR vs conventional

"Investment property mortgage rates" searches often compare agency conventional pricing to non-QM DSCR. As of July 2026, the typical spread is 0.5%–1.0% above owner-occupied conventional — and DSCR runs roughly 0.5%–1.0% above conventional investment property for the same credit profile.

Product720 FICO / 75% LTV anchorQualification basis
Owner-occupied conventional~5.75%–6.25%Personal income + DTI
Conventional investment property~6.25%–6.75%Income + DTI + 15–25% down
DSCR (this page's tables)6.75%Property rent / PITIA — no personal income

When DSCR prices below conventional investment: Strong profiles (740+ FICO, 75% LTV or lower, 1.25+ DSCR, SFR in a competitive lender state) sometimes land within 0.25% of conventional investment pricing when lenders compete on broker volume. Conventional still wins on absolute rate when you qualify — DSCR wins on documentation flexibility and unlimited financed-property count. Compare in our DSCR vs conventional guide or investment property loans hub.

Keep exploring

Hand-picked next steps — whether you want to go deeper on this topic, compare alternatives, or run the numbers.

Frequently asked questions

How current are these rates?
Tables are refreshed every Monday using broker rate sheets from our DSCR lender network. The date at the top of this page reflects the last refresh. Day-to-day movement is typically ±0.125%; treat any single number as a baseline, not a quote.
Are these real quotes I can lock?
No. They are blended market rates for a clean, LLC-vested 30-year DSCR loan on a 1-4 unit rental. Your actual quote depends on the specific lender, property type, state, loan amount, prepayment-penalty structure, and points. For a real, lockable quote use our /get-matched flow.
Why are DSCR rates higher than conventional Fannie/Freddie rates?
DSCR loans are non-QM: they qualify the property, not the borrower's income. Lenders price in (a) no agency guarantee, (b) investor-occupancy premium, and (c) documentation flexibility. The spread to conventional conforming is typically 0.75%-1.5%.
What's the typical rate difference between fixed and ARM?
In July 2026, 5/1 ARMs are pricing about 0.25%-0.5% below 30-year fixed and 7/1 ARMs about 0.125%-0.375% below. The gap narrows when the yield curve flattens; check the live tables rather than relying on rules of thumb.
How much does interest-only add to the rate?
Most lenders charge about 0.125%-0.375% over the comparable P&I rate for a 10-year interest-only feature on a 30-year loan. It's almost always worth it when the cash-flow math relies on lower debt service during ramp-up.
Can I lock a DSCR rate?
Yes. Standard lock windows are 30, 45, and 60 days. Longer locks cost more (typically +0.125% for 60 days vs. 30). You generally lock after underwriting approves the file, not at application.
Do DSCR rates change by state?
Yes — moderately. High-foreclosure-cost states (NY, NJ, IL, FL on some sheets) often carry a 0.125%-0.25% adjuster, and rent-control states may see tighter LTVs rather than rate bumps. Our /states pages flag state-specific adjusters where they exist.
Are DSCR loans 20% down?
Most DSCR purchase loans require 20–25% down (75–80% LTV). Twenty percent down (80% LTV) is available at 740+ FICO with 1.0+ DSCR on standard single-family rentals. Weaker credit, sub-1.0 DSCR, condos, and STR properties typically need 25–35% down. See our down payment and LTV guide for the full grid.
What is a good DSCR interest rate?
In July 2026, a good DSCR rate for a clean file (740+ FICO, 75% LTV, 1.25+ DSCR) is roughly 6.125%–6.625% on a 30-year fixed (blended network baseline with ~1 point). Average files (720 FICO, 75% LTV, 1.00–1.24 DSCR) cluster near 6.625%–7.00%. Anything more than 0.50% above these bands for the same profile usually means a deal-specific adjuster or a better quote exists elsewhere.
What is the current rate for DSCR loans?
As of the last table refresh on this page, the 720 FICO / 75% LTV / 1.00–1.24 DSCR anchor sits near 6.75% on a 30-year fixed. Top-tier files (740+, 1.25+ DSCR) start around 6.125%–6.50%. These are blended market baselines — your lockable quote depends on lender, state, property type, and prepay structure. Use Get Matched for a real number.
What about prepayment penalties?
Most DSCR loans come with a 3-5-year step-down prepay by default. Buying out the prepay typically adds 0.25%-0.5% to the rate. See our /learn/prepayment-penalties guide for the tradeoff math.
What are 30-year DSCR loan rates today?
As of July 11, 2026, 30-year fixed DSCR rates for a clean LLC-vested 1–4 unit rental typically run 6.125%–6.625% for top-tier files (740+ FICO, 1.25+ DSCR, 75% LTV) and near 6.75% for a standard 720 FICO / 1.00–1.24 DSCR / 75% LTV file. Sub-1.0 DSCR or 680 FICO files cluster closer to 6.875%–7.375%. See the live grids below.
Where can I find the lowest DSCR rates today?
Lowest published DSCR rates go to the strongest files: 740+ FICO, 1.25+ DSCR, ≤75% LTV, SFR (not condo/STR), and a standard 5-year step-down prepay. Shopping multiple lenders still matters — the same file can price 0.25%–0.50% apart across rate sheets. Use Get Matched to compare lockable quotes rather than chasing a single headline number.
How do DSCR refinance rates compare to purchase rates?
Rate-and-term DSCR refinance pricing is usually in the same band as purchase for a given credit/LTV/DSCR profile. Cash-out refis often price 0.125%–0.375% higher and carry tighter LTV caps. Existing prepayment penalties, not the note rate, are usually the bigger refinance cost. Model break-even before you lock.

Free strategy call

Turn a table rate into a locked rate — on a call

Walk through your credit, LTV, and DSCR tier with a licensed U.S. loan officer. No credit pull, no hard sell.

  • No hard sell — just guidance
  • Licensed U.S. loan officers
  • Phone or Microsoft Teams
(989) 662-1099

Or get matched by email

The tables above are a sanity check. Tell us about your deal once — we'll shop 1,000+ lenders and send your top 3 offers within one hour.

1. Prop.2. Fin.3. Prof.4. Cont.

Soft match — no credit pull, no spam. Your info stays with licensed brokers only.

CallBookGet Matched