DSCR Loan Pre-Qualification Worksheet

DSCR LOAN PRE-QUALIFICATION WORKSHEET
Property Information:
• Property Address: [Property Address], [City, State ZIP]
• Property Type: [SFR / 2-unit / 3-4 unit / Condo / Other]
• Analysis Date: [Date]
• Investor/Owner Name: [Your Name]
• Purpose: [Purchase / Refinance / Cash-out Refi]
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WHAT IS A DSCR LOAN?
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DSCR = Debt Service Coverage Ratio
Definition:
A DSCR loan qualifies based on the RENTAL INCOME of the property, NOT your personal income. This makes it ideal for real estate investors with multiple properties or significant rental income.
Key Concept:
DSCR measures whether the property's monthly rental income covers the monthly loan payment (principal, interest, taxes, insurance).
Formula:
DSCR = Gross Monthly Rental Income ÷ Monthly PITIA Payment
Example:

[Section 2 — continued...]

[Section 3 — fill in your details...]

[Additional clauses and provisions apply...]