Credit, LTV + reserves
More than one number matters.
Understand the rest of the picture around the rental-income calculation.
Credit still matters.
A DSCR review is not a no-credit-review loan. Credit profile and mortgage or housing history can matter. This site does not publish a universal score threshold because requirements depend on the program and current investor guidelines.
LTV describes leverage.
Loan-to-value is the requested loan amount divided by the applicable property value, expressed as a percentage. In a purchase example, a $300,000 loan against a $400,000 price produces 75% LTV. An actual lender may use a different eligible value under its rules.
Down payment is only part of cash needed.
Using that same example, price minus requested loan is $100,000 before closing costs and other items. Prepaids, escrow deposits, adjustments and reserves can add to the cash needed. A planning calculation is not a final closing disclosure.
Reserves are a separate question.
Reserves refer to eligible liquidity remaining after the transaction under the selected program’s requirements. Required amounts, acceptable assets and documentation vary. Do not assume every dollar in an account will be treated as an eligible reserve.
Compare the structure, not just leverage.
The loan amount changes the payment and may change both pricing and qualification. Consider your available liquidity and a separate property operating budget. A specialist can explain available structures once the relevant details are reviewed.
Educational information only. Current lender guidelines, property review, credit, documentation, state availability and underwriting determine eligibility and terms.
Your first step can be a simple one.
Bring the details you know. We’ll help you identify what comes next.