DSCR Loans

DSCR Cash-Out Refinance: Access Your Rental Property Equity

Pull equity from your rental property without W-2s or tax returns. Qualify based on rent income — and use the cash to fund your next investment.

Loans offered through this website are intended for business-purpose use only and are secured by non-owner occupied investment properties. Financing is not available for consumer-purpose, owner-occupied residential transactions.

75%

Max LTV

Cash-out limit

1.0

Min DSCR

After refinance

6–12 mo

Seasoning

Typical wait

None

Income Docs

No W-2s required

How It Works

What Is a DSCR Cash-Out Refinance?

A DSCR cash-out refinance replaces your existing rental property mortgage with a new, larger loan. The difference between the new loan and your current balance comes to you in cash — no income documentation required.

Like all DSCR loans, qualification is based entirely on the property's rental income and DSCR ratio — not your personal income, tax returns, or employment status.

Investors use DSCR cash-out refinances to fund new acquisitions (BRRRR strategy), renovate existing properties, or build reserves for their portfolio.

The Math

Property Value$500,000
Max New Loan (75% LTV)$375,000
Existing Mortgage− $220,000
Closing Costs (~2.5%)− $9,375
Net Cash to You≈ $145,625

Cash-Out Calculator

How Much Can You Access?

Enter your property details to estimate your cash-out potential and verify DSCR qualification.

Current Property Value$450,000
Current Mortgage Balance$200,000
New Interest Rate7.7%
Monthly Rental Income$2,800
Monthly Taxes$350
Monthly Insurance$150

Cash-Out Analysis

Max New Loan (75% LTV)$337,500
Gross Cash-Out$137,500
Est. Closing Costs (~2.5%)$8,438
Net Cash in Hand$129,063
New Monthly P&I$2,406
New Total PITIA$2,906

DSCR After Refi

0.96

Below Threshold

Estimates for educational purposes. Consult a licensed mortgage professional.

Qualification

Requirements

Maximum LTV

75% on cash-out refinances (some lenders 70–80%)

Minimum DSCR

1.0 at new loan amount (1.25+ for best rates)

Credit Score

620+ minimum; 700+ for best pricing

Property Seasoning

6–12 months ownership (delayed financing for cash purchases)

Property Types

SFR, 2-4 units, condos, short-term rentals

Income Docs

None — no W-2s, tax returns, or pay stubs

Reserves

6–12 months PITIA in liquid accounts

Why Investors Use It

4 Reasons to Cash Out

Fund the Next Acquisition (BRRRR)

Extract equity from Property A, use it as the down payment on Property B. Scale your portfolio without constantly adding new capital — the core of the BRRRR strategy.

Capture Appreciation Tax-Free

Access market gains without triggering a sale or capital gains taxes. Unlike selling, a refinance is not a taxable event.

Renovate for Higher Rents

Use equity to improve properties and push rents higher. The DSCR improvement from higher rents can more than offset the larger loan payment.

Reinvest in Your Portfolio

Redeploy equity into additional investment properties, renovations, or reserves. Keeping capital working in business-purpose investments accelerates portfolio growth.

2025–2026 Rates

What to Expect on Rates

DSCR cash-out refinance rates typically run 0.125%–0.50% higher than DSCR purchase loans, reflecting the slightly increased risk of cash-out transactions.

Get a Current Rate Quote
Credit ScoreApprox. RateDSCR Required
740+7.25% – 7.75%1.0+
720–7397.50% – 8.00%1.0+
700–7197.75% – 8.25%1.10+
680–6998.00% – 8.75%1.15+
660–6798.50% – 9.25%1.20+
640–6599.00%+1.25+

Illustrative ranges. Actual rates vary by lender and scenario.

FAQ

Frequently Asked Questions

Get Started

Ready to Pull Equity from Your Rental?

No income docs. No W-2s. Qualify based on your property's rental income. Available in 35 states + D.C.

Get Pre-Qualified Today

Or run your numbers first →

Wealth is built one acquisition at a time. • DSCR: let the property qualify itself. • Cash flow is the foundation of financial freedom. • Every rental is a step toward passive income. • Real estate doesn't sleep — neither should your portfolio. • Equity is the quiet engine of generational wealth. • Invest in markets where the numbers work.  •  

OGJW is operated by Bonelli Financial Group. NMLS #1211572. Mesa Branch NMLS #2621584. NMLS identifiers are provided for company identification purposes only and do not constitute an offer of consumer residential mortgage products.

Loans offered through this website are intended for business-purpose use only and are secured by non-owner occupied investment properties. Financing is not available for consumer-purpose, owner-occupied residential transactions.

DSCR and other non-QM loans are business-purpose loans made for non-owner occupied investment properties and are not offered for personal, family, or household use. Any state licensing held by Bonelli Financial Group applies to business-purpose investment-property lending and does not constitute an offer of consumer residential mortgage products in any state.

This site is for informational purposes only and is not a commitment to lend or an offer of credit. All loans are subject to credit approval, property appraisal, and program guidelines. Rates, terms, and program availability are subject to change without notice. Non-QM loans, including DSCR products, are not Qualified Mortgages under the CFPB Ability-to-Repay / Qualified Mortgage Rule.

© 2026 OGJW — DSCR & Investment Property Financing. Business-purpose investment lending only. Educational content. Not financial advice.

Educational content only. Not financial advice.