Guide
DSCR loans for Michigan investors
How DSCR qualification works, who it fits, and when a conventional investment loan is still cheaper.
The property has to cover the payment
DSCR looks at rental income (lease or market rent, depending on the investor) divided by PITIA. A ratio at or above the investor’s minimum is the main qualifying test — which is why self-employed landlords and out-of-state buyers use it on Detroit and Downriver rentals.
It is not always cheaper than conventional
If you have strong personal DTI and tax returns that support a conventional investment loan, that path may price better. DSCR is the tool when conventional does not fit, not a trophy product.
Have the lease and entity docs ready
LLCs, vesting, and short-term vs. long-term rental stories change overlays. Bring the real paperwork on the first call and you skip a week of back-and-forth. This page is the explainer. The DSCR loan page is the program page for overlays, documents, and a scenario with Brad.
Related loan programs
Keep reading
Ready to apply this to a real file? Start a secure application, read how pre-approval works, or call Brad at (248) 408-3855.