DSCRDealCheck

Investor scenario guide

DSCR Loan Under Contract: Build a Deal-Ready File

When a rental is already under contract, the decision is no longer theoretical. Providers need accurate dates, property economics, entity and guarantor information, and time for valuation, title, insurance, and underwriting. Run the deal below and organize the facts that can change the closing plan.

Deal check

live

Free. No login. Numbers run live as you type.

Example values are loaded. Edit the assumptions or choose a property state before treating the result as your scenario.

Example result · edit the inputs before relying on this screen

Debt service coverageHigher coverage
1.25
DSCR

Estimated rent is at least 1.25× PITIA at these inputs; provider underwriting still applies.

Loan amount
$236,250
Monthly P&I
$1,652
PITIA / mo
$2,114
Rent minus PITIA / mo
$536
Simplified cap rate*
8.3%
Max loan @ 1.25
$237,052

*Excludes vacancy, maintenance, management, utilities, and other operating expenses.

PITIA breakdown: P&I $1,652 + taxes $325 + insurance $138 + HOA $0.

About one minute. DSCRDealCheck reviews first; nothing is sent to a lender without the consent shown in the request.

Request a manual lender-options review

Share a few qualification details. DSCRDealCheck reviews the request and emails you if a potentially relevant next step is available. There is no guaranteed match, quote, approval, or response deadline.

About 1 minute · no obligation · no credit check by this form

First edit the example deal and select its property state. This keeps example values out of review requests.

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Go deeper on any deal

  • ▸ Rent stress test — see DSCR at −10%, −20%, −30% rent
  • ▸ Save up to 20 deals across sessions
  • ▸ Side-by-side comparison of any 2–3 saved deals
  • ▸ Export clean PDF of any analysis
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Program screen

No lender matches shown from example data

Edit the example assumptions and select the property state. We will then compare only the visible DSCR, loan-size, state, and property-type criteria. Credit, reserves, appraisal, title, documentation, and provider underwriting are not checked here.

Edit the example deal ↑

This is an educational estimate, not a loan offer, pre-approval, or commitment to lend. Providers determine rates, terms, eligibility, transaction classification, and applicable requirements. Not financial, legal, or tax advice.

Start with the contract clock

Record the signed-contract date, financing and inspection contingencies, earnest-money deadlines, target closing date, extension options, and the correct buyer entity. Do not advertise or rely on a closing speed until a provider has reviewed the actual scenario.

  • ▸Property address, purchase price, earnest money, and target closing date.
  • ▸Buyer name or entity exactly as it appears on the contract.
  • ▸Any seller credits, assignments, leasebacks, renovations, or unusual title terms.
  • ▸The latest date by which appraisal, insurance, entity, and title issues must be resolved.

Make the rent and payment assumptions auditable

Prepare the current lease or rent roll when available, estimated market rent, taxes, insurance, HOA, property use, and renovation plan. The provider decides which rent evidence and expenses enter its DSCR calculation, so your calculator result is a screening estimate.

Ask for a milestone-based closing plan

Instead of asking only whether a provider can close quickly, ask when the appraisal is ordered, what makes the file complete, which items can run in parallel, when terms can change, and who owns each open condition.

  • ▸What documents are required before appraisal and initial review?
  • ▸Which value, rent, credit, title, or insurance changes can alter the written terms?
  • ▸What is still outstanding, who owns it, and what is the realistic completion date?
  • ▸When does any rate lock begin, expire, or require an extension fee?

Frequently asked

How fast can a DSCR loan close?+

There is no universal timeline. It depends on provider capacity and a complete file, appraisal, title, insurance, entity standing, borrower documentation, property condition, and transaction complexity. Request a scenario-specific timeline.

Should I order the appraisal before choosing a provider?+

Ask first. A provider may need to order the appraisal through its approved process, and an appraisal ordered elsewhere may not be transferable or acceptable.

Can a first-time investor use a DSCR program?+

Some providers consider first-time investors and others apply different requirements. Confirm experience, credit, reserve, leverage, and entity rules for the exact program.

Is the calculator result an approval?+

No. It is an educational estimate based on the inputs entered. The provider determines rent, value, expenses, eligibility, documentation, pricing, and approval.

Sources and methodology

We use current provider and government sources to explain which questions can change a scenario. Provider pages are examples of that provider's published program—not a universal standard, endorsement, or offer from DSCRDealCheck.

Reviewed July 29, 2026. Program criteria and pricing can change; verify current written terms directly with the provider.

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