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.

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.