DSCR Loans in Philadelphia, PA
Find lenders offering dscr loans in the Philadelphia, including Camden, Cherry Hill, King of Prussia, and surrounding areas. Compare rates, terms, and programs from 42 lenders.
DSCR Lenders Serving Philadelphia
42 lenders offering dscr loans in the Philadelphia, PA area.
A&D Mortgage
Fort Lauderdale, FL
Wholesale non-QM lender. DSCR loans with 0 minimum DSCR, 80% max LTV, min FICO 620.
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.
Civic Financial Services
Redondo Beach, CA
Private money lender for residential investment properties. Bridge and DSCR rental loans. Subsidiary of Pacific Western Bank.
CoreVest Finance
Irvine, CA
Rental portfolio and bridge lender for residential real estate investors. Build-to-rent and portfolio financing specialist. Redwood Trust subsidiary.
CrossCountry Mortgage
Cleveland, OH
Large national lender offering DSCR, bank statement, and non-QM mortgage products alongside conventional and government loans.
Defy Mortgage
FL
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.
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.
Griffin Funding
CA
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.
JMAC Lending
CA
DSCR loans available in select states. Min DSCR 0.75, max LTV 75%, min FICO 660-700.
Kiavi
San Francisco, CA
Technology-driven lender (formerly LendingHome). $16B+ in loans funded. DSCR rental loans and bridge loans for fix-and-flip.
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.
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.
New Silver Lending
FL
Direct lender for real estate investors. DSCR loans with no minimum DSCR requirement. Also offers fix-and-flip, bridge, and construction loans.
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.
RCN Capital
South Windsor, CT
Nationwide private lender for fix-and-flip, bridge, and rental loans. Fast closings and flexible terms.
Philadelphia Commercial Real Estate Market
Philadelphia is the largest CRE market in Pennsylvania and one of the major investment hubs on the East Coast, with a diverse economy spanning healthcare, higher education, financial services, and life sciences. University City — anchored by the University of Pennsylvania, Drexel University, and the Children's Hospital of Philadelphia — has become a nationally recognized innovation district with billions in institutional development. The Navy Yard redevelopment in South Philadelphia has attracted corporate tenants including GlaxoSmithKline and Urban Outfitters to a 1,200-acre mixed-use campus. The I-76/King of Prussia corridor remains the region's densest suburban office submarket, while Center City's residential conversion trend has absorbed older Class B office stock.
Key Economic Drivers
- ●University City innovation district anchored by Penn Medicine, CHOP, and Drexel's Schuylkill Yards project
- ●Comcast Technology Center and Comcast's $2 billion-plus downtown campus investment
- ●Life sciences corridor along the I-76 and Route 202 suburban corridors including Conshohocken and King of Prussia
- ●Philadelphia Navy Yard's 1,200-acre redevelopment into a mixed-use corporate campus
Market Insight
Philadelphia's 10-year tax abatement program for new construction and substantial rehabilitation has been one of the most powerful development incentives in any major U.S. city, though the program has been modified in recent years to phase in property taxes more gradually.
DSCR Loans in Philadelphia, Pennsylvania
Debt Service Coverage Ratio (DSCR) loans let real estate investors qualify based on the property's rental income rather than personal income or employment. Ideal for investors building a portfolio without traditional income documentation. In the Philadelphia metro area, borrowers can access 42 lenders offering DSCR financing, including Camden, Cherry Hill, King of Prussia, and surrounding areas. Loan amounts typically range from $100K to $5M with rates from 7.0% - 9.5%.
Who Should Consider DSCR Loans?
- Real estate investors
- Portfolio builders
- Self-employed borrowers
- Foreign nationals
Key Requirements
- Minimum credit score: 620-680
- DSCR ratio ≥ 1.0
- Down payment: 20-25%
- Property must be investment (not owner-occupied)
Advantages
- ✓No personal income verification
- ✓Unlimited properties
- ✓Fast closing
- ✓LLC/entity vesting allowed
Considerations
- •Higher rates than conventional
- •Larger down payment
- •Prepayment penalties common
- •Minimum DSCR ratio required (typically 1.0-1.25)
DSCR Loans in Other Pennsylvania Cities
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