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Answers

The questions investors send the desk most often, answered with the same numbers the underwriters price from. Every figure is illustrative and every page is dated.

How long do I have to own a rental before a DSCR cash-out refinance?
Seasoning tiers for a DSCR cash-out: cost basis under six months, appraised value at twelve, and what happens in between.
Can a foreign national get a DSCR loan in the US?
Eligibility, documents and pricing for a non-US-citizen buying US rental property on a DSCR loan.
Can Airbnb income qualify for a DSCR loan?
How short-term rental revenue is counted on a DSCR loan: host statements, market data, seasonality and the pricing add-on.
Blanket loan or individual loans for a rental portfolio?
When one blanket note beats separate loans on each door — release provisions, cross-collateral, pricing and aggregate DSCR.
Can I get a DSCR loan if the property doesn't cash flow?
Sub-1.00 DSCR files: what they cost, where the floor is, and the four levers that move a ratio back over 1.00.
DSCR loan or conventional investment mortgage — which is better for a rental?
Side by side: what each loan qualifies on, the financed-property cap, vesting, prepay and rate, and which one fits your file.
How do DSCR prepayment penalties work, and which one should I choose?
Stepdown structures, what each one costs in rate, how the penalty is calculated, and how to pick one against your hold period.
Can I get a DSCR loan on a condo?
Warrantability, the condo add-on, how HOA dues hit your DSCR, and the association documents the desk will ask for.
Do I need an LLC for a DSCR loan?
Why every Silt loan closes in an entity, who guarantees it, forming one during underwriting, and what to check before moving a property in.
Can a first-time investor get a DSCR loan?
What underwriting looks at when you have no rental track record, what leverage to expect, and the mistakes that cost first files a week.
How fast can a DSCR loan close?
21 to 30 days from a signed term sheet, what gates each stage, what you can do to hit the short end, and what blows the schedule.
HELOC or cash-out refinance: which is cheaper for an investor?
Blended cost decides it: a HELOC reprices only the new money, a cash-out reprices the whole balance. How to run the comparison on a rental.
Can you get a HELOC on an investment property?
Yes, with eligible ownership — with a higher credit floor, personal ownership and personal income. What changes against a primary-residence line.
Can you use a HELOC to buy a rental property?
Yes — as the down payment or a cash purchase — if the plan names the exit. Sequencing a HELOC into a purchase, a BRRRR and a DSCR refinance.
What is a fixed-rate HELOC, and how is it different?
A full-draw, fixed-rate line behaves like a home-equity loan with a redraw feature. How the draw, the redraw and the payment actually work.
How fast can a HELOC fund?
As few as five business days, on eligible lines — under conditions. What sets the real timeline, step by step.
What credit score and requirements do you need for a HELOC?
640 in most states and 680 on investment property for this program, plus equity, verified income, eligible property and clean title.
What are the origination fees and closing costs for a HELOC?
A single origination fee of 0% to 4.99% plus third-party recording and taxes. How the cost of a HELOC is structured and what stays in your pocket.
Can you get a HELOC on a second home or vacation property?
Yes. Using equity in a vacation home to fund your next investment. How occupancy affects your rate, leverage, and eligibility.
Can I get a HELOC on a rental property?
Yes, home equity lines are available on eligible rental properties owned by individuals or revocable trusts. Investment-property lines require a minimum credit score of 680 and verified personal income; the final line and state eligibility vary.
HELOC on a property owned by an LLC — what are my options?
The HELOC available in this program is for individuals and revocable trusts, not LLCs or other entities. For an LLC-owned rental, ask the Silt desk about DSCR cash-out instead; you can still submit your property details through the HELOC referral form for that follow-up.
HELOC vs DSCR cash-out refinance for a landlord
A HELOC in this program adds a second lien while a DSCR cash-out refinance replaces the existing mortgage with a larger rental loan. Ownership and qualification matter: this HELOC accepts individuals and revocable trusts and verifies personal income, while the Silt desk reviews the DSCR alternative on the rental property.
Using a HELOC to fund a BRRRR
A HELOC can supply equity-backed cash for a buy, rehab, rent, refinance, repeat plan, but the debt remains secured by the property you borrowed against. In this program, the line is fully drawn at closing, so plan the use, carrying costs and a refinance shortfall before proceeding.
HELOC for the down payment on a rental property
Equity drawn from one property can be used toward another rental’s down payment, subject to the purchase lender’s source-of-funds requirements. A line in this program funds in full at closing, and its payment must be budgeted alongside the new rental loan and reserves.
How much HELOC can I get on my rental?
Potential room for a HELOC is an assumed combined-LTV allowance times property value, minus existing liens; it is not simply all your equity. Line amounts range from $15,000–$750,000, but actual combined LTV, available line, credit and state eligibility vary, so 85% below is illustrative rather than a confirmed cap.
HELOC with no appraisal — how automated valuation works
For eligible lines under $400,000, automated valuation is used without an in-person appraisal. That does not mean no valuation or guaranteed acceptance: the lender must establish an acceptable value, and lines above $400,000 require an appraisal under its published disclosures.
How fast does a HELOC fund?
Funding is available in as few as five business days for eligible lines under $400,000 using remote online notary. Appraisal, identity and income verification, title, local recording and waiting-period requirements can extend that timeline, so do not promise a purchase closing against the best case.

QUICK ANSWERS

BY STATE

DSCR loans in Pennsylvania — what actually changes?
What changes on a Pennsylvania DSCR loan: realty transfer tax split between state and municipality, base-year county assessments, and judicial foreclosure.
DSCR loans in Tennessee — what actually changes?
What changes on a Tennessee DSCR loan: a recordation tax on the loan itself, non-judicial foreclosure, low property taxes and Nashville's short-term rental permit regime.
DSCR loans in Texas — what actually changes?
What changes on a Texas DSCR loan: no state transfer tax, fast non-judicial foreclosure, high property tax rates and coastal windstorm insurance.
DSCR loans in Florida — what actually changes?
What changes on a Florida DSCR loan: documentary stamp tax on the deed and the note, intangible tax on the mortgage, insurance underwriting, and the 10% non-homestead assessment cap.
DSCR loans in New Jersey — what actually changes?
What changes on a New Jersey DSCR loan: the seller-paid realty transfer fee and the >$1M supplemental fee, attorney review, the heaviest property tax load in the country, and judicial foreclosure.

Last reviewed 6 September 2026 · Silt Capital lends on 1–10 unit residential DSCR only.