What is a good DSCR ratio?

Most lenders want a DSCR of at least 1.0, meaning the property's income covers the debt payments. A DSCR of 1.25+ gets you better rates and terms.

Can I get a DSCR loan with no money down?

No. DSCR loans typically require 20-25% down. Some lenders may accept cross-collateralization to reduce cash needed.

Do DSCR loans show on my credit report?

It depends on the lender. Some report to credit bureaus, others don't. Ask your lender before closing.

Can I use a DSCR loan for a short-term rental?

Yes. Many DSCR lenders accept Airbnb/VRBO income. They typically use projected rental income from platforms like AirDNA or actual booking history.

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DSCR Loans in Birmingham, AL

Find lenders offering dscr loans in the Birmingham, including Hoover, Vestavia Hills, Bessemer, and surrounding areas. Compare rates, terms, and programs from 42 lenders.

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Lenders

Typical Rate

7.0% - 9.5%

Down Payment

20-25%

Term

30 years

Closing Time

2-4 weeks

DSCR Lenders Serving Birmingham

42 lenders offering dscr loans in the Birmingham, AL area.

A&D Mortgage

Fort Lauderdale, FL

Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.

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Angel Oak Mortgage Solutions

Atlanta, GA

Major non-QM and DSCR lender. Investor cash flow loans up to $1.5M. 40-year terms with interest-only options. No limit on properties.

$100K – $2M

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Civic Financial Services

Redondo Beach, CA

Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.

$100K – $5M

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CoreVest Finance

Irvine, CA

Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.

$200K – $50M

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CrossCountry Mortgage

Cleveland, OH

Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.

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Defy Mortgage

DSCR lender with flexible terms. Accepts DSCR as low as 0.75 or no ratio. Up to 85% LTV on SFR purchases. Available in 35+ states.

$100K – $3M

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Easy Street Capital

Austin, TX

Investment property lender specializing in fix-and-flip, bridge, and DSCR rental loans. Loans approved in 24 hours, close in 48 hours. Min credit score 600.

$75K – $5M

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Griffin Funding

Nationwide DSCR lender. No income verification, DSCR as low as 0.75. Up to $5M loan amounts. Also offers VA, conventional, and non-QM loans.

$100K – $5M

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JMAC Lending

DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.

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Kiavi

San Francisco, CA

Technology-driven lender (formerly LendingHome). $16B+ in loans funded. DSCR rental loans and bridge loans for fix-and-flip.

$100K – $3M

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Lending One

Boca Raton, FL

National direct lender for real estate investors. Fix-and-flip, bridge, and 30-year DSCR rental loans. $5B+ in originations.

$75K – $5M

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Lima One Capital

Greenville, SC

Private lender for real estate investors. DSCR loans require 1.5+ ratio, min FICO 700. 5, 10, and 30-year options. Up to 75% LTV on purchases.

$75K – $5M

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New Silver Lending

Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.

$100K – $5M

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North American Savings Bank

Kansas City, MO

Offers 11 types of non-QM loans including bank statement, asset depletion, DSCR, and bridge. 100,000+ mortgages closed since 2010, $30B+ loaned.

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RCN Capital

South Windsor, CT

Nationwide private lender for fix-and-flip, bridge, and rental loans. Fast closings and flexible terms.

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Birmingham Commercial Real Estate Market

Birmingham is Alabama's largest metro and its financial and medical center, with UAB (University of Alabama at Birmingham) Health System serving as the region's largest employer and driving significant medical office and research facility demand. The city's commercial core along the I-65/I-20 interchange includes the revitalized downtown district, the Lakeview entertainment area, and the expanding Parkside neighborhood. The Hoover and Vestavia Hills submarkets along U.S. 280 attract suburban office and retail tenants seeking access to affluent residential communities. Industrial activity concentrates along the I-20/59 corridor toward Bessemer, where logistics and distribution operations benefit from Birmingham's status as a major southeastern rail and trucking crossroads.

Key Economic Drivers

●UAB Health System, the state's largest employer with over 23,000 workers
●Regions Financial Corporation and BBVA USA banking headquarters operations
●Southern Research Institute and Innovation Depot technology incubator
●Honda, Mercedes-Benz, and automotive supplier plants in the surrounding region

Market Insight

Alabama assesses commercial property at only 20% of fair market value, giving Birmingham one of the lowest effective commercial property tax burdens in the Southeast and making it attractive for yield-focused CRE investors.