DSCR
DSCR loans for Michigan real estate investors
DSCR (Debt Service Coverage Ratio) loans qualify the property’s rent against the payment — not your personal DTI the way a conventional loan does. That can help Michigan investors buying or refinancing 1–4 unit rentals in places such as Flat Rock, Taylor, and Detroit. DSCR is not automatically cheaper than a conventional investment loan.
Who this may fit
Real estate investors buying or refinancing rental property who want the property to qualify on its own income.
Why borrowers use it
- Qualify using rental income vs. PITIA, not just W-2 DTI, subject to investor overlays
- Purchase, rate-and-term, and cash-out on investment property where available
- Useful for 1–4 unit rentals across Downriver and metro Detroit
- Honest conversation about DSCR minimums, reserves, and rate vs. conventional investment
Things to watch
DSCR is not automatically cheaper than a conventional investment loan. If your personal DTI supports conventional, price that too. Short-term rental stories have different overlays.
Documents commonly needed
- Lease or expected market rent
- Entity documents if closing in an LLC
- Reserve statements
- Property insurance quote
Why work with Brad on DSCR
DSCR is not a trophy product. Brad will run it against a conventional investment quote on the same Detroit, Flat Rock, or Romulus rental so you see which is actually cheaper — and which overlay will buy the story.
Next step
Call or text (248) 408-3855 with the property and your income type. Brad can help you review whether dscr investor loans may fit — subject to program requirements — or which related option to compare. You can also start a secure application or read how pre-approval works.