Rental Property Loans
Long-term financing for buy-and-hold rental property investors — single-family through small multifamily.
Program Overview
Rental property loans are designed for investors acquiring or refinancing income-producing residential properties. Whether you own one rental or are building a portfolio of dozens, Airus Lending offers multiple qualification paths including DSCR (qualify on rental income), bank statement programs, and conventional investor loans. Each path removes different barriers so more investors can access competitive financing.
Who Is This Loan For?
- ✓ Buy-and-hold investors acquiring single-family or multi-unit rentals
- ✓ Portfolio builders who already own multiple financed properties
- ✓ Self-employed investors whose tax returns understate true income
- ✓ Out-of-state investors purchasing in high-demand rental markets
- ✓ Investors looking to refinance existing rental properties for better terms or cash out
Key Benefits
Multiple Qualification Paths
Qualify with DSCR (rental income), bank statements, W-2 income, or asset depletion — whichever fits your situation.
No Property Limit
Unlike conventional programs that cap at 10 financed properties, our investor programs have no limit.
Entity Vesting Available
Close in LLC, corporation, or trust name for asset protection — standard on DSCR programs.
Cash-Out Refinance
Access equity from existing rental properties to fund your next acquisition.
Qualification at a Glance
General Requirements
- DSCR path: 1.0+ DSCR ratio, 660+ credit, 20-25% down
- Conventional path: 620+ credit, 15-25% down, W-2 income verification
- Bank statement path: 12-24 months of deposits, 660+ credit
- Property must be non-owner-occupied (investment use)
- Appraisal with market rent analysis required
- Cash reserves typically 3-6 months PITIA
Advantages
- ✓ Multiple ways to qualify (income, cash flow, deposits, assets)
- ✓ No limit on financed properties (DSCR path)
- ✓ LLC/entity vesting available
- ✓ Interest-only options on some programs
- ✓ Cash-out refinance available
- ✓ Competitive rates from our broad network of wholesale lenders
Tradeoffs to Consider
- ↔ Higher down payment than primary residence loans (15-25%)
- ↔ Higher interest rates than owner-occupied financing
- ↔ Reserve requirements more substantial
- ↔ Investment property insurance costs more
- ↔ Prepayment penalties on some DSCR programs
Common Scenarios
First Rental Property Purchase
A W-2 employee buys their first rental property using a conventional investor loan with 20% down. Their income easily qualifies them, and the rental income helps offset the new payment in DTI calculations.
Scaling Beyond 10 Properties
An experienced investor has maxed out conventional financing limits. They switch to DSCR loans, qualifying each new property on rental cash flow alone — no personal income documentation needed.
Cash-Out to Fund Next Deal
An investor owns a rental free-and-clear worth $400K. They do a DSCR cash-out refinance at 75% LTV, pulling $300K to fund three new acquisitions.
Documents Typically Needed
- Lease agreement or market rent analysis
- Property appraisal
- Bank statements (2-24 months depending on program)
- Entity documents if closing in LLC
- Insurance quote for investment property
- Government-issued ID
Frequently Asked Questions
It depends on the program. Conventional investor loans typically require 15-25% down. DSCR loans require 20-25%. Some bank statement programs allow as low as 15-20% on investment properties.
Broker Disclosure: Scout Financial Group Inc DBA Airus Lending is a licensed mortgage broker (NMLS #2187418) and does not make loans or credit decisions. Airus Lending works with multiple wholesale lenders to help borrowers compare available loan options. Final approval depends on the lender, automated underwriting findings, documentation, state requirements, and overall borrower profile. Not all applicants will qualify.