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DSCR Loan Rates in California

DSCR rates sit above conventional investment loans — but the range is wide, and you control most of what moves it. The DSCR ratio itself is a pricing lever, alongside credit, LTV, and property type. Here's how these loans price in 2026 and how to reach the low end.

+0.75–2% vs conventionalDSCR is a lever740+ best pricingShop investors
MBReviewed by Mike Basti, Mortgage Broker & Founder · NMLS #377740
The Rate Picture

In 2026, DSCR rates run about 0.75–2% above conventional investment loans. Well-qualified (740+, 70–75% LTV, DSCR 1.25+, single-family) has priced near the low-to-mid 6s; national average sits in the low 7s; weaker files reach the 8s–10s+. The DSCR ratio is itself a pricing lever. Rates change daily; these are illustrative, not a quote.

What sets your DSCR rate

FactorEffect on your rate
DSCR ratio1.25+ prices better; 1.4+ often best; sub-1.0 = no-ratio premium
Credit score640 floor; 700+ better; 740+ best pricing
LTV / down payment25–35% down (lower LTV) prices best; max 80% costs more
Property typeSFR best, then 2–4 unit, then STR / 5+ unit
Loan sizeUnder ~$100K adds ~0.5%
Prepay structureStandard step-down lowers rate; buyout raises it
StructureInterest-only / ARM start lower than 30-yr fixed
The DSCR-specific twist: On most loans your rate is set before you find the property. On a DSCR loan, the property's ratio is part of the pricing — so a stronger-cash-flowing property literally earns a lower rate. That means the property search and the rate are linked: pushing your DSCR from 1.05 to 1.30 (bigger down, higher-rent unit) doesn't just help you qualify, it can drop your rate a tier. Investors who understand this shop for cash flow and pricing at once.

Illustrative 2026 ranges by profile

Borrower / property profileTypical 2026 range*
Best — 740+, 70–75% LTV, DSCR 1.25+, SFR~6–6.5%
Standard — 700–739, ~75–80% LTV, DSCR ~1.1~7–8%
Weaker — 640–679, high LTV, DSCR near 1.0~8–10%+
No-ratio (DSCR <1.0)Higher rate + 30–35% down
Foreign nationalAdd ~0.5%

*Illustrative for 2026, tied to the 5-year Treasury and daily market conditions, lender, and your full profile. Not an offer or rate lock. See today's rates →

Rates change daily. DSCR pricing tracks the 5-year Treasury and shifts constantly. Every number here is illustrative — use it to understand the shape of pricing, then get a real quote.

Prepayment & structure — the DSCR trade

DSCR loans usually carry a prepayment penalty — most commonly a 5-year step-down (e.g., 5/4/3/2/1%). Shorter penalties (3-, 1-, or 0-year) are available but raise your rate. Match the structure to your hold:

  • Long-term hold? Accept the standard 5-year penalty for the lowest rate.
  • Plan to sell/refi in 2–3 years? Pay up for a shorter penalty so you're not stung on exit.
  • Interest-only? Lower payment lifts your DSCR and cash flow, at a modest rate bump.

How to get the best DSCR rate

  1. Push credit toward 740+

    The biggest lever you control. Every ~20 FICO points can improve pricing.

  2. Bring 25–35% down

    Lower LTV out of the top-premium tiers — and it raises your DSCR too. Test it in the calculator.

  3. Strengthen the DSCR to 1.25+

    Higher-rent property or more down. 1.4+ often unlocks the best tier.

  4. Match the prepay to your hold

    Standard step-down for long holds; shorter only if you'll exit early.

  5. Shop multiple DSCR investors

    Pricing and junk fees vary widely — a broker prices your file across lenders at once.

Expert tip: The most expensive DSCR mistake isn't the rate — it's fixating on the rate. A slightly higher rate at 80% LTV can beat a lower rate at 70% if the extra leverage lets you keep capital for the next acquisition. The right question is never "what's the lowest rate?" but "does the deal still cash-flow at this rate, and does this structure fit my portfolio plan?" We price the whole trade, not just the headline number. Let us price it →

DSCR rate FAQs

What are the rates in 2026?

~0.75–2% above conventional investment — best files in the low-to-mid 6s, average low 7s, weaker to the 8s–10s+. Rates change daily.

Does my DSCR ratio affect the rate?

Yes — 1.25+ prices better, 1.4+ often best; sub-1.0 moves to no-ratio pricing with more down.

What sets my rate?

DSCR ratio, credit, LTV, property type, loan size, prepay structure, and IO/ARM choice.

How do I get the best rate?

740+ credit, 25–35% down, DSCR 1.25+, standard prepay, and shop several investors.

Do prepay penalties affect the rate?

Yes — a standard step-down lowers your rate; buying it down raises it. Match it to your hold.

Reviewed by the licensing team at Save Financial, a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766) founded in 2009 and serving all 58 counties from offices in Newport Beach and Marina del Rey. Rate information reflects general 2026 market conditions as of publication and is not a quote.

Stop guessing at the range — get your actual number.

Send us the property and your profile and we'll price your file across multiple DSCR investors, apply every rate lever — ratio, LTV, prepay — and come back with a real quote that fits your portfolio plan. Free, no obligation.