# What Is a Rental Property Loan? | Key Real Estate Capital *A rental property loan is financed on the property's rental income rather than personal income. See how DSCR underwriting works and KREC single rental loan terms from 5.875%.* ## What is a rental property loan? A rental property loan is longer-term financing for an individual investment property, underwritten primarily on the rent the property produces rather than the borrower's personal income. KREC single property rental loans start at 5.875%, reach 80% LTV on purchase or rate-term refinance, and are available as 30-year fixed or interest-only options. Answered by the Key Real Estate Capital lending team · Updated August 2026 ### How it works These loans are commonly called DSCR loans, after the debt service coverage ratio — the property's rental income divided by its debt payment. A 1.0x DSCR means the rent exactly covers the payment. KREC's minimum DSCR is 0.75x, with a 720+ FICO required below 0.95x. Because qualification centers on the asset, tax returns and W-2s are generally not part of the file. KREC finances single-family, multifamily, and condo properties from $50K to $10M, with cash-out refinances to 75% LTV and no seasoning requirement. ### Key considerations - Minimum FICO is 620; minimum property valuation is $75,000. - Purchase and rate-term refinances reach 80% LTV; cash-out reaches 75% LTV. - Loan terms include 30-year fixed and interest-only (10/1 ARM) structures. - Title and property insurance plus adequate cash reserves are required. - This program is not available in North Dakota, Nevada, or South Dakota. ### Who it may be for Investors buying or refinancing a single short-term or long-term rental. Owners whose tax filings understate their actual cash flow. Borrowers exiting a fix and flip or construction loan into a long-term hold. ### Related KREC financing options #### Single Property Rental Rates from 5.875%, $50K to $10M, up to 80% LTV, 30-year fixed or interest-only, minimum DSCR 0.75x. #### Rental Portfolio For three or more stabilized rentals financed under a single blanket loan. ### Frequently asked questions Common follow-up questions about rental property loans. #### What DSCR do I need for a rental loan? #### Is personal income verified on a rental property loan? #### Can I cash out on a rental property refinance? #### What property types are eligible? #### Related questions - [What is DSCR and why does it matter?](https://keyrealestatecapital.com/answers#what-is-dscr) - [DSCR financing vs traditional mortgage financing](https://keyrealestatecapital.com/answers#dscr-vs-traditional) - [Rental portfolio financing vs financing properties individually](https://keyrealestatecapital.com/answers#portfolio-vs-individual) - [How do I finance an investment property?](https://keyrealestatecapital.com/answers#how-do-i-finance-an-investment-property) ### Ready to talk through your deal? Share the property and your plan, and a KREC loan specialist will outline the financing structures that fit. Flexible, creative lending solutions to help real estate investors scale their portfolios. 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All rights reserved. Service Hours: 24/7 | Monday - Sunday ## Frequently Asked Questions ### What DSCR do I need for a rental loan? KREC's minimum DSCR on a single property rental is 0.75x. A FICO of 720 or above is required for a DSCR below 0.95x. No seasoning is required. ### Is personal income verified on a rental property loan? Qualification is based primarily on the property's rental cash flow rather than personal income documentation, which is why these loans are often used by self-employed investors. ### Can I cash out on a rental property refinance? Yes. KREC cash-out refinances on a single rental reach up to 75% LTV, compared with up to 80% LTV on purchase and rate-term refinances. ### What property types are eligible? Single-family, multifamily, and condo investment properties, with a minimum property valuation of $75,000. The program is unavailable in ND, NV, and SD. ## Links - [View single property rental details](https://keyrealestatecapital.com/loan-products/single-rental) - [View rental portfolio details](https://keyrealestatecapital.com/loan-products/rental-portfolio) - [Browse all real estate lending answers](https://keyrealestatecapital.com/answers) - [Contact KREC](https://keyrealestatecapital.com/contact) - [Call (619) 369-4444](tel:619-369-4444) - [San Diego](https://keyrealestatecapital.com/locations/san-diego) - [Phoenix](https://keyrealestatecapital.com/locations/phoenix) - [Dallas-Fort Worth](https://keyrealestatecapital.com/locations/dallas-fort-worth) - [Houston](https://keyrealestatecapital.com/locations/houston) - [Atlanta](https://keyrealestatecapital.com/locations/atlanta) - [Tampa](https://keyrealestatecapital.com/locations/tampa) - [Orlando](https://keyrealestatecapital.com/locations/orlando) - [Miami](https://keyrealestatecapital.com/locations/miami) - [Las Vegas](https://keyrealestatecapital.com/locations/las-vegas) - [Denver](https://keyrealestatecapital.com/locations/denver) - [Charlotte](https://keyrealestatecapital.com/locations/charlotte) - [Nashville](https://keyrealestatecapital.com/locations/nashville) - [Sacramento](https://keyrealestatecapital.com/locations/sacramento) - [Riverside](https://keyrealestatecapital.com/locations/riverside) - [Jacksonville](https://keyrealestatecapital.com/locations/jacksonville) - [San Antonio](https://keyrealestatecapital.com/locations/san-antonio) - [Columbus](https://keyrealestatecapital.com/locations/columbus) - [Indianapolis](https://keyrealestatecapital.com/locations/indianapolis) - [Kansas City](https://keyrealestatecapital.com/locations/kansas-city) - [Memphis](https://keyrealestatecapital.com/locations/memphis) - [Birmingham](https://keyrealestatecapital.com/locations/birmingham) - [Cleveland](https://keyrealestatecapital.com/locations/cleveland) - [Austin](https://keyrealestatecapital.com/locations/austin) - [Privacy Policy](https://keyrealestatecapital.com/privacy-policy) - [Terms & Conditions](https://keyrealestatecapital.com/terms-of-service) - [Anti-Spam Policy](https://keyrealestatecapital.com/anti-spam-email-policy) --- Canonical URL: https://keyrealestatecapital.com/answers/rental-property-loans Markdown URL: https://keyrealestatecapital.com/answers/rental-property-loans.md Agent overview: https://keyrealestatecapital.com/llms.txt Full reference: https://keyrealestatecapital.com/llms-full.txt Sitemap: https://keyrealestatecapital.com/sitemap.xml Related Key Real Estate Capital resources: - Loan programs: https://keyrealestatecapital.com/loan-products - Questions answered: https://keyrealestatecapital.com/answers - Loan calculator: https://keyrealestatecapital.com/calculator - Contact: https://keyrealestatecapital.com/contact Key Real Estate Capital — nationwide private capital lender. 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