DSCR Loan Rates Today [October 2026]
As of October 1, 2026, 30-year fixed DSCR rates run ~6.125%–7.375% by credit, LTV, and DSCR tier. Standard 720 FICO / 75% LTV / 1.00–1.24 DSCR anchors near 6.75%.
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Investment property mortgage rates vs DSCR loan rates
Searchers looking for investment property mortgage rates usually mean one of three products: conventional investment (agency or bank, about 0.50%–1.00% above owner-occupied in our comparison table), DSCR (property-cash-flow underwriting — the tables on this page), or other non-QM (bank statement, asset-depletion). In October 2026 our 720 FICO / 75% LTV DSCR anchor sits at or below typical conventional investment pricing, and a DSCR file skips personal tax returns. Use investment property loans for the decision tree and stay here for the live DSCR grid.
Current DSCR loan rates — quick answer
Sub-1.0 DSCR and 680 FICO scenarios run ~6.875%–7.375%. Profile ranges in the table below — not lockable quotes.
| Investor profile | 30-yr fixed range | Typical use |
|---|---|---|
| Best tier — 740+ FICO, 1.25+ DSCR, 75% LTV | 6.125%–6.625% | Stabilized SFR, strong cash flow |
| Standard — 720 FICO, 1.0–1.24 DSCR, 75% LTV | 6.625%–7.00% | Most common DSCR purchase/refi |
| Sub-1.0 DSCR or 680 FICO | 6.875%–7.375% | Thin cash flow, credit haircuts |
| 5/1 ARM (standard tier) | ~0.375% below fixed | 5–7 year hold strategies |
| 10-year interest-only add | +0.25% vs P&I fixed | Rent ramp-up, cash-flow sensitive deals |
Find your rate cell
Pick your scenario to highlight the matching row and column in the tables below.
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 tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 6.125% | 6.25% | 6.375% | 6.50% | 6.75% |
| 720-739 | 6.25% | 6.375% | 6.50% | 6.625% | 6.875% |
| 700-719 | 6.375% | 6.50% | 6.625% | 6.75% | 7.00% |
| 680-699 | 6.50% | 6.625% | 6.75% | 6.875% | 7.125% |
| 660-679 | 6.75% | 6.875% | 7.00% | 7.125% | 7.25% |
| 620-659 | 7.00% | 7.125% | 7.25% | 7.375% | 7.375% |
DSCR 1.00-1.24
| Credit tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 6.25% | 6.375% | 6.50% | 6.625% | 6.875% |
| 720-739 | 6.375% | 6.50% | 6.625% | 6.75% | 7.00% |
| 700-719 | 6.50% | 6.625% | 6.75% | 6.875% | 7.125% |
| 680-699 | 6.625% | 6.75% | 6.875% | 7.00% | 7.25% |
| 660-679 | 6.875% | 7.00% | 7.125% | 7.25% | 7.375% |
| 620-659 | 7.125% | 7.25% | 7.375% | 7.375% | 7.375% |
DSCR 0.75-0.99
| Credit tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 6.50% | 6.625% | 6.75% | 6.875% | 7.125% |
| 720-739 | 6.625% | 6.75% | 6.875% | 7.00% | 7.25% |
| 700-719 | 6.75% | 6.875% | 7.00% | 7.125% | 7.375% |
| 680-699 | 6.875% | 7.00% | 7.125% | 7.25% | 7.375% |
| 660-679 | 7.125% | 7.25% | 7.375% | 7.375% | 7.375% |
| 620-659 | 7.25% | 7.375% | 7.375% | 7.375% | 7.375% |
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 tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 5.875% | 6.00% | 6.125% | 6.25% | 6.50% |
| 720-739 | 6.00% | 6.125% | 6.25% | 6.375% | 6.625% |
| 700-719 | 6.125% | 6.25% | 6.375% | 6.50% | 6.75% |
| 680-699 | 6.25% | 6.375% | 6.50% | 6.625% | 6.875% |
| 660-679 | 6.50% | 6.625% | 6.75% | 6.875% | 7.00% |
| 620-659 | 6.75% | 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 tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 6.00% | 6.125% | 6.25% | 6.375% | 6.625% |
| 720-739 | 6.125% | 6.25% | 6.375% | 6.50% | 6.75% |
| 700-719 | 6.25% | 6.375% | 6.50% | 6.625% | 6.875% |
| 680-699 | 6.375% | 6.50% | 6.625% | 6.75% | 7.00% |
| 660-679 | 6.625% | 6.75% | 6.875% | 7.00% | 7.125% |
| 620-659 | 6.875% | 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 tier | 60% LTV | 65% LTV | 70% LTV | 75% LTV | 80% LTV |
|---|---|---|---|---|---|
| 740+ | 6.50% | 6.625% | 6.75% | 6.875% | 7.125% |
| 720-739 | 6.625% | 6.75% | 6.875% | 7.00% | 7.25% |
| 700-719 | 6.75% | 6.875% | 7.00% | 7.125% | 7.375% |
| 680-699 | 6.875% | 7.00% | 7.125% | 7.25% | 7.50% |
| 660-679 | 7.125% | 7.25% | 7.375% | 7.50% | 7.625% |
| 620-659 | 7.375% | 7.50% | 7.625% | 7.625% | 7.625% |
State adjustments are described on each state guide; this table is national.
Email me when this table changes.
Rate methodology
These grids are as of the date at the top of this page. They are not a live feed and are not refreshed every Monday. We blend broker-facing rate sheets from the DSCR lenders in our active network, strip out per-lender margin and state adjusters, and publish the 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. Download the open-data DSCR Rate Index (CSV) to cite or embed these grids — updated October 1, 2026.
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%. Official owner-occupied benchmarks are not DSCR quotes: Freddie Mac's Primary Mortgage Market Survey (PMMS) 30-year fixed averaged 7.03% for the week of September 24, 2026 (up from 6.95% the prior week). The same weekly series is published as FRED MORTGAGE30US. Fannie Mae's Selling Guide B2-2-03 caps DU second-home and investment loans at 10 financed properties — DSCR loans are non-QM and do not count against that cap. Near-term DSCR 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 October 2026, our table puts conventional investment pricing about 0.50%–1.00% above owner-occupied conventional — and DSCR at or below conventional investment pricing for the same credit profile.
| Product | 720 FICO / 75% LTV anchor | Qualification basis |
|---|---|---|
| Owner-occupied conventional | ~7.00%–7.25% | Personal income + DTI |
| Conventional investment property | ~7.25%–8.00% | Income + DTI + 15–25% down |
| DSCR (this page's tables) | 6.75% | Property rent / PITIA — no personal income |
Why DSCR sits at or below conventional investment right now: Conventional investment loans start from agency owner-occupied pricing (Freddie Mac PMMS 7.03% for the week of September 24, 2026, up from 6.95% the prior week) and then add Fannie Mae / Freddie Mac loan-level price adjustments for investment occupancy. DSCR loans are priced off non-QM lenders' own rate sheets, not the agency LLPA grid. A DSCR lender's own published benchmark (HomeAbroad, updated September 23, 2026) shows the same order: 6.75% DSCR par vs 7.25% for Bankrate's conventional rental rate at 75% LTV / 740 FICO, 0 points.
Where conventional still has the edge: DSCR prints usually assume a prepayment penalty (our grid uses a 5-year step-down; shorter or no prepay adds 0.25%–0.50%) and about 1 point. The ~7.25% low end of the conventional investment range already reflects the strongest conventional files (high FICO, low LTV), so at today's table DSCR's rate edge holds across the FICO and LTV tiers we publish; buying out the prepay can close the gap at the anchor. Conventional's advantages are no prepayment penalty, typically lower closing costs and points, and full-doc flexibility. Compare both quotes on the same terms. DSCR also wins on light documentation (no personal income docs) and is not counted toward Fannie Mae's 10-financed-property cap. Compare in our DSCR vs conventional guide or investment property loans hub.
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Frequently asked questions
How current are these rates?
What are investment property mortgage rates vs DSCR rates?
Are these real quotes I can lock?
Are DSCR rates higher than conventional Fannie/Freddie rates?
What's the typical rate difference between fixed and ARM?
How much does interest-only add to the rate?
Can I lock a DSCR rate?
Do DSCR rates change by state?
Are DSCR loans 20% down?
What is a good DSCR interest rate?
What is the current rate for DSCR loans?
What about prepayment penalties?
What are 30-year DSCR loan rates today?
Where can I find the lowest DSCR rates today?
How do DSCR refinance rates compare to purchase rates?
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