No-Income DSCR Loans | Qualify Using Rental Income | Northstar
DSCR Loans for Rental Properties: Skip Tax Returns, Use Rental Income
Secure no-income-verification DSCR loans for 1-4 unit investment properties. Northstar Funding qualifies you based on your property’s cash flow, not personal tax returns or W2s. 600+ FICO scores accepted with up to 85% LTV financing.
- ✅ No personal income documentation required
- ✅ 24-hour pre-approvals available
- ✅ Interest-only payment options
- ✅ Condo-tels and non-warrantable condos are eligible
📈 DSCR Calculation Simplified
Formula: DSCR = (Gross Rental Income) ÷ (PITI + HOA + Maintenance)
💡 Investor FAQ: Straight Talk 🚀 Approval Turbochargers
Q: Can I use Airbnb income?
A: Yes – specialize in short-term rentals
Q: HOA litigation issues?
A: Case-by-case solutions available
Q: First-time investor?
A: We help launch portfolios
Q: Foreign national?
A: Yes – no SSN required
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- ✅ Interest-only payments – Maximize cash flow
- ✅ Cash Out – Can be used as reserves
- ✅ 3-12 month reserves – For Elite Products
- ✅ Rate buydowns – Long-term hold strategies
- ✅ 3-5 year prepayment – Best pricing available
📊 DSCR Programs for Every Strategy
| Program | DSCR | Best For | Key Benefit |
| Prime+ | 1.25+ | Stable rentals | Lowest rates |
| Growth | 1.15 | Value-add | Higher LTV |
| Edge | 1.00 | Seasonal/vacation | Flexible terms |
| Elite | No Ratio | Unique deals | Creative underwriting |
📍 Neighborhood Success Stories
Multifamily Experts
📍 Austin, TX (East Austin)
$1.4M 4-plex with detached ADU
“Approved our creative ADU strategy when local lenders said no.”
📍 Miami, FL (Coconut Grove)
$2.1M condo-tel near Biscayne Bay
Specialized Florida short-term rental financing
Condo Specialists
📍 Chicago, IL (River North)
$1.8M non-warrantable luxury condo
“Closed in 21 days despite complex HOA requirements.”
📍 Denver, CO (LoHi)
$1.3M Airbnb-approved condo
Colorado-specific rental income analysis
“Secured $3.2M for our Brooklyn 4-unit portfolio at 0.75% below market”
— Empire State Investments
📊 2024 Residential Approval Matrix
| Credit Tier | Max LTV | Loan Products | Cash-Out |
| Elite (740+) | 85% | Fixed/ARM/IO | 80% LTV |
| Preferred (700-739) | 85% | Fixed/ARM/IO | 80% LTV |
| Standard (660-699) | 80% | Fixed/ARM/IO | 75% LTV |
| Opportunity (600-659) | 75% | Fixed/ARM/IO | 75% LTV |
💸Why Smart Investors Choose Us
Northstar Funding revolutionizes residential investment lending with DSCR solutions tailored for:
- Single-family rentals
- 1-4 unit multifamily
- Condominiums (including non-warrantable)
- Condo-tels (Airbnb-friendly vacation condos)
- 85% LTV on rental properties
- 150K- 10M loan amounts
- 600+ FICO scores accepted
- No W2s/tax returns required
- First-time investors & foreign nationals welcome
- DSCR loans for rental properties
- Non-warrantable condos
- Condo-tels (Airbnb/VRBO)
- Foreign national investors
- LLC/Trust ownership
📊 DSCR Loan Programs
📞 Residential DSCR Specialists
📱 Phone: (800) 917-1595
🚀 START APPLICATION
📅 BOOK STRATEGY CALL
✉ Email:info@northstarfunding.com
🏢 HQ: 66 Godwin Ave, Midland Park, NJ
Licensed in 19 States:
CA, CO, CT, DC, FL, GA, IL, MA, MD, NC, NH, NJ, NY, OH, OR, PA, SC, TX, VA