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DSCR Loans

How Much Down Payment Do You Need for a DSCR Loan?

Typical down payment requirements for DSCR purchase loans, factors that increase or decrease your down payment, and strategies to reduce cash-to-close.

7 min read|Updated June 21, 2026

Quick Answer

Most DSCR purchase loans require 20–25% down. The exact requirement depends on your credit score, the property's DSCR, property type, and the specific lender program. For cash-out refinances, lenders typically limit the loan to 70–75% of the property value, meaning you need 25–30% equity remaining after the cash-out.

Down Payment Tiers by Credit Profile

Credit Score Typical Down Payment Notes
720+ 20% Best pricing; most program options
680–719 20–25% Standard tier; competitive programs
640–679 25% Fewer programs; higher rate
620–639 25–30% Limited programs; max conservatism

What Affects the Down Payment Requirement

Property Type

2–4 unit properties often require 25%+ down. Condos and townhomes may have additional overlays.

DSCR Ratio

A stronger DSCR (1.25+) can sometimes offset a lower down payment. A borderline DSCR may require more down.

Loan Amount

Jumbo DSCR loans ($1M+) often require 25–30% down regardless of credit.

Cash-Out Refinance

Max LTV typically 70–75%. You need 25–30% equity after the cash-out is taken.

Example: How Down Payment Affects DSCR

$400,000 Property at 7.25% — Market Rent $3,200

  • 20% down ($80K): Loan $320K, P&I $2,183, PITIA ~$2,680 → DSCR 1.19
  • 25% down ($100K): Loan $300K, P&I $2,046, PITIA ~$2,543 → DSCR 1.26
  • 30% down ($120K): Loan $280K, P&I $1,910, PITIA ~$2,407 → DSCR 1.33

An extra 5% down ($20K) shifted DSCR from 1.19 to 1.26 — crossing into "strong" territory and opening better program options.

FAQs

Run Your Down Payment Scenario

Use the calculator to test how different down payments affect your DSCR.

Disclaimer: Educational only. Not a commitment to lend. Down payment requirements vary by lender and program.

Last Updated: July 12, 2026 | Reviewed by: Matt Dean, NMLS #227603 · NEXA Mortgage