Qualify for a rental property loan based on the property's income, not your personal income. Fast closings, flexible terms, and no tax returns required.
Get Pre-QualifiedCall (631) 465-2161A DSCR loan lets real estate investors qualify for financing based on a property's rental income instead of their personal income. If you're searching for a DSCR loan in New York or anywhere else in the country, Gauntlet Funding underwrites based on what the property earns, not your tax returns, W-2s, or debt-to-income ratio. That makes DSCR loans one of the fastest, most flexible ways for investors to purchase or refinance rental property, scale a portfolio, or close in the name of an LLC.
Gauntlet Funding is a private lending group based in Melville, New York, with a second office in Orlando, Florida, and more than 20 years of experience financing investment real estate. We offer DSCR loans to investors throughout New York and New Jersey, across Florida, and nationwide.
DSCR stands for Debt Service Coverage Ratio. It's a simple formula lenders use to measure whether a rental property generates enough income to cover its own mortgage payment:
A DSCR of 1.0 means the property's rent exactly covers the mortgage payment. A DSCR above 1.0, for example 1.25, means the property produces more income than the debt requires, which is generally what qualifies a loan on the best terms. Some DSCR programs, including options available through Gauntlet Funding, allow ratios below 1.0 or even "no-ratio" loans for stronger borrowers, so a lower DSCR doesn't automatically disqualify you.
Because the loan is underwritten around the property's cash flow rather than the borrower's personal income, DSCR loans are sometimes called investor cash flow loans, no-income loans, or no-doc rental loans.
Instead of collecting pay stubs, tax returns, or employment verification, a DSCR lender orders a rent schedule or appraisal with market rent analysis to determine what the property can realistically earn. That number is compared against the proposed mortgage payment to calculate the ratio and set loan terms.
Every deal is reviewed individually by our underwriting team, so borrowers with strong properties and reasonable credit have room to negotiate terms that an automated bank underwriting model wouldn't allow.
Investors buying properties for Airbnb, VRBO, or other short-term rental use can qualify using projected short-term rental income rather than a traditional 12-month lease. Because short-term rentals often generate significantly more revenue than long-term leases in the same market, this can support a stronger DSCR and a larger loan amount. We work with short-term rental investors across popular vacation and seasonal markets in New York, New Jersey, and Florida, as well as nationwide.
DSCR loans are designed for stabilized, rent-ready properties, not properties that still need renovation. If you're purchasing a distressed or value-add property, the typical path is a short-term fix and flip loan to acquire and renovate it, followed by a DSCR loan to refinance into long-term financing once it's leased. This "fix to rent" strategy is one of the most common ways investors use Gauntlet Funding's loan programs together.
Gauntlet Funding is headquartered on Long Island in Melville, New York, and has spent more than two decades financing investment properties throughout the New York metro area, including single-family rentals, 2–4 unit properties, condos, and short-term rentals. That local market knowledge matters for DSCR underwriting, since accurately assessing achievable rent in neighborhoods across New York City, Long Island, and upstate markets directly affects loan sizing.
If you've searched for banks that offer DSCR loans, you've likely noticed that most traditional banks either don't offer the product or bury it under rigid portfolio-lending overlays and slow underwriting timelines. As a private, direct lender, Gauntlet Funding isn't bound by the same institutional constraints. We make individual credit decisions, close faster than most banks, and work with investors that conventional lenders often turn away, including self-employed borrowers, foreign nationals, and investors holding title in an LLC.
While New York is home base, Gauntlet Funding also funds DSCR loans in New Jersey and Florida, and works with investors nationwide.
Buy-and-hold investors purchasing or refinancing rental property
Self-employed investors who can't easily document personal income
Investors scaling a rental portfolio past conventional financed-property limits
Short-term rental and Airbnb hosts
Fix-and-flip investors converting a completed renovation into a rental
Investors purchasing or holding property in an LLC or business entity
Every DSCR loan is reviewed by our team, not an algorithm, so unique deals and portfolios get evaluated on their merits.
Because we underwrite in-house, we can typically close DSCR loans well ahead of most bank timelines.
Our DSCR loan rates are structured to stay competitive with the broader market while keeping the process fast and flexible.
Qualification is based on the property's rental income, not your tax returns or debt-to-income ratio.
Gauntlet Funding has financed REOs, short sales, and every type of residential and commercial investment property for over two decades.
We fund our own deals, so there's no waiting on a third-party investment committee to approve your loan.
A DSCR loan is a type of investment property loan that qualifies borrowers based on the rental income the property generates rather than the borrower's personal income or employment history.
Requirements vary by deal, but most DSCR programs, including Gauntlet Funding's, start around the mid-600s. Stronger credit and a higher DSCR generally unlock better rates and terms.
Yes. Gauntlet Funding underwrites DSCR loans using projected short-term rental income for qualifying Airbnb and VRBO properties.
Not directly. DSCR loans require a rent-ready property. Investors doing a renovation typically use a fix and flip loan first, then refinance into a DSCR loan once the property is stabilized and rented.
Some do, but many banks either don't offer DSCR programs or apply strict overlays and slower underwriting. Private lenders like Gauntlet Funding typically offer more flexible qualification and faster closings.
Gauntlet Funding provides DSCR loans for investment and rental properties throughout New York, New Jersey, and Florida, and funds deals nationwide.
Ready to see if a DSCR loan fits your next rental property purchase or refinance? Reach out or get pre-qualified online in minutes.
Get Pre-QualifiedCall (631) 465-2161