DSCR Loans in Indiana
Start or scale your real estate investment portfolio in Indiana with a DSCR loan. DSCR loans in Indiana enable investors to qualify for a mortgage using rental income rather than personal income. No tax returns or employment verification required.
- Obtain financing based on cash flow
- No-income mortgage solution
- Buy or refinance short- and long-term rentals
- Unlimited cash-out
- Competitive DSCR loan rates in Indiana
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Real Estate Investment Financing in Indiana
Debt service coverage ratio (DSCR) loans allow real estate investors to qualify for a mortgage based on a property’s cash flow rather than personal income. Instead of reviewing tax returns or pay stubs, we prioritize a property’s DSCR — which measures its income versus its debt obligations — to make a lending decision. This offers a flexible mortgage solution for real estate investors looking to build or expand their portfolio.
DSCR loans can be used to purchase or refinance long-term and short-term rental properties, with financing available for many different property types and no limit on the number of properties financed. Access up to $20 million in financing while enjoying a streamlined underwriting process with no income or employment verification.
Visit our DSCR loan page to learn more about this type of financing and see today’s rates. Contact Griffin Funding or get started online to take the first step towards securing a DSCR loan in Indiana.
Frequently Asked Questions
The minimum credit score to get a DSCR loan in Indiana is 620. However, every lender has their own set of criteria. Some may require higher credit scores, depending on their policies. Before applying for a loan, we suggest doing your research because credit score can affect your eligibility, interest rate, and loan amount.
Most DSCR lenders in Indiana require a DSCR of 1.25 to qualify for the loan. However, Griffin Funding allows DSCRs as low as 0.75. Keep in mind that the lower your DSCR, the less favorable your terms.
Applying for a DSCR business loan in Indiana with Griffin Funding is easy. We offer a streamlined process that aims to close your loan in 30 days or less, starting with a discovery call.
During the discovery call, we’ll discuss your needs and determine whether a DSCR loan is right for you. Then, we’ll guide you through the process. When you’re ready to apply, you can complete an online application or go through it with us on the phone.
Then, we’ll review the information and documentation you provided us in the application before issuing approval. Our main goal is to determine that you can repay the mortgage based on the rental property’s income.
Once you’re approved, we’ll schedule a date for closing to finalize the loan.