Rental loans that qualify on the property, not your paycheck.
Long-term financing for rental property that qualifies on the property's cash flow — its debt service coverage ratio — instead of your personal income. Starlit arranges DSCR loans for single rentals, short-term rentals, and portfolios, with 30-year terms and no balloon.
Terms with no balloon
Interest-only options available
No tax returns, no personal DTI
Single properties or multiple doors
Built for the way investors actually work.
Buy-and-hold investors
Finance a purchase or refinance out of a short-term loan into a stable 30-year rental loan.
Short-term rental owners
Vacation and short-term rentals qualify on projected or actual rental income.
Portfolio owners
Consolidate or grow a portfolio without the income-documentation hurdles of conventional lending.
What we look at.
Asset-based means the deal carries the weight. Here's what goes into a decision — and what doesn't.
Start a requestThe rent
Actual or market rent for the property, compared against the proposed payment — that ratio is the DSCR.
The property
Condition, location, and value, established by an appraisal.
Your credit and reserves
A credit pull and confirmation of liquid reserves — no tax returns or employment verification.
The entity
Most investors borrow through an LLC; we'll walk you through what's needed.
DSCR Rental Loans we have closed.
Common questions.
What is a DSCR loan?
A debt service coverage ratio (DSCR) loan is a rental property loan that qualifies on the property's income rather than the borrower's. Lenders compare the rent to the monthly payment; if the property covers its debt service, the loan qualifies — no tax returns or personal debt-to-income calculation.
What are the terms?
30-year terms with no balloon payment, and interest-only options for investors who want to maximize cash flow.
Do short-term rentals qualify?
Yes. Short-term and vacation rentals can qualify on their rental income.
Can I refinance a fix and flip loan into a DSCR loan?
Yes — this is the classic fix & hold strategy. Renovate with a short-term loan, then refinance into a 30-year DSCR loan once the property is stabilized. We arrange both sides.
Can I borrow in an LLC?
Yes. Most rental loans close in an LLC or other entity, which many investors prefer for liability and portfolio management.
Where do you lend?
Starlit arranges rental loans for investors in markets across the country; recent DSCR closings include Denver, Colorado.
Not the right fit? See how the rest of our financing lines up.
Let's talk about your next project.
Tell us what you're buying, building, or refinancing. We'll come back with options — usually the same day.