The Mixed Use DSCR Program at a Glance
30-Year Fixed Rate
The rate never changes. No balloon, no reset, no surprises.
1.15x DSCR on Gross Rents
Underwritten against taxes and insurance only: no vacancy factor, management fees, or maintenance. Far looser than a typical commercial underwrite.
Minimal Documentation
Application, leases, insurance declarations page, LLC documents, and 12 months of landlord history. No tax returns, P&L, or bank statements.
Close in About 21 Days
Residential-style speed. Appraisal access is the only critical path.
No Reports, No Deposit
No Phase I or environmental reports, and no good-faith deposit to engage.
Set It and Forget It
No annual DSCR testing, no tax return tracking, and no principal pay-down demands once the loan closes.
Versus a Traditional Bank Loan
| Category | Mixed Use DSCR Program | Traditional Bank |
|---|---|---|
| Loan term | 30-year fixed | 5-year balloon |
| Tax returns required | None, ever | Full returns required |
| DSCR calculation | 1.15x gross rents; taxes & insurance only | 1.25x net plus vacancy; full expense load |
| Closing timeline | ~21 days | 60+ days |
| Annual DSCR testing | None, ever | Required annually |
| Environmental reports | Not required | Required |
| Good-faith deposit | None | Required |
| Owner-occupied | Eligible | Often restricted |
| Vacant building | Can qualify | Not eligible |
| Prepayment penalty | Zero after year 5, permanently | Resets at every renewal |
Submit a Deal in Minutes
Available for business-purpose loans only. All loans subject to underwriting approval; borrowers must meet minimum credit score, loan-to-value, and other requirements. Terms are indicative and may change without notice; exceptions considered case by case.
Have a Scenario? Send It Over for a Same-Day Read.
Tell us about the property and the financing you need. An originator will review it and come back with what's realistic on leverage, structure, and timing.
