CRE Loan DSCR Requirements
Our commercial loans require a DSCR of at least 1.15x, on purchase, rate-and-term refinance and cash-out refinance alike. Commercial DSCR is net operating income (NOI) divided by debt service, with both figures on the same annual basis.
Key loan facts
- Loan amount
- $100,000 to $5,000,000 for purchase and rate-and-term refinance; cash-out refinance up to $5,000,000
- Loan type
- Commercial Real Estate
- Eligible properties
- Multifamily (5+ units), Mixed-use, Retail, Office, Industrial and warehouse, Self-storage, Cold storage, Hotels and motels, Data centers
- Minimum DSCR
- Minimum DSCR 1.15x
- Maximum Leverage
- Up to 75% LTV
Commercial purchase and rate-and-term refinance: up to $5 million. Commercial cash-out: up to $5 million. Residential DSCR: up to $5 million. Fix & flip: up to $5 million. Construction: up to $5 million. SBA loan limits are separate from total project financing. Not eligible: owner-occupied residential. Limits vary by program, property and deal, and we confirm them for each deal.
Lending Guide
Program Details
Eligible Asset Types
- Multifamily (5+ units)
- Mixed-use
- Retail
- Office
- Industrial and warehouse
- Self-storage
- Cold storage
- Hotels and motels
- Data centers
Underwriting Guidelines
- Minimum DSCR 1.15x
- Up to 75% LTV
- DSCR = annual NOI ÷ annual debt service
Who This Is For
- Owners of income-producing commercial property
Who This Is Not For
- Properties with no income to support the debt
Frequently Asked Questions
Ready to start a loan request?
Commercial real estate and investor property loans. Commercial purchase and rate-and-term refinance: up to $5 million. Commercial cash-out: up to $5 million. Residential DSCR: up to $5 million. Fix & flip: up to $5 million. Construction: up to $5 million. SBA loan limits are separate from total project financing.
Subject to underwriting, collateral review, borrower qualification, and lender approval. Not a commitment to lend.