What sets the maximum LTV on a DSCR purchase
What is the highest loan-to-value I can get on a DSCR rental purchase?
A DSCR lender’s maximum loan-to-value is a published ceiling, not a formula. Here is what actually moves it, and who in this directory publishes one at all.
- DSCR rental purchase loan The property’s own rent qualifies the deal, and the lender’s published maximum LTV is the leverage ceiling that sits on top of that qualification.
- Treating "maximum LTV" as one number for the whole market It is a single lender’s published ceiling, not an industry standard — the roster below shows real figures ranging well below and up to that ceiling across 26 lenders.
Lenders in the directory
No lender here publishes a rule for this
This is an underwriting judgment, not a published threshold. None of the 37 lenders in the directory states a policy on it, so there is no honest way to build a shortlist — and a list computed only from which products a lender writes would tell you nothing you could act on.
What matters here is how the file is presented rather than which lender receives it. The sections below cover that. When you are ready to approach lenders, the directory shows what each one does publish, with the date it was verified.
What "maximum LTV" means in this directory
Each lender record here carries at most one maxLtv figure — the highest percentage of the property’s value the lender says it will lend against. It is a single published number, not a grid, and it does not separately break out a purchase ceiling from a cash-out ceiling. Where a lender publishes only one figure, treat it as the number to confirm applies to your specific transaction type before you rely on it.
What tends to move it within a lender’s own range
The lenders that publish both a maximum LTV and other underwriting figures generally price leverage against risk: a stronger DSCR, a higher credit score, LLC vesting, and a straightforward single-family property tend to sit toward a lender’s own ceiling, while a thin file or an unusual property type gets offered less. That is a general description of how DSCR pricing grids work, not a claim this directory has the grid itself — the stored data is the ceiling only, and the specific curve underneath it belongs to each lender.
Why the published ceilings vary as much as they do
The roster below shows real published figures, and they are not clustered near one number. Some lenders cap well below 80% because their program targets larger or more complex deals; others reach the top of what any lender here publishes. That spread is the actual market, not noise — it reflects different books of business, not different rules everyone is following.
What this page does not answer
This is the "who publishes a ceiling at all" list. If the question is specifically who reaches 85%, that is a separate, much shorter list, because publishing a ceiling and publishing a ceiling at that height are different claims.
What to have ready
- Your target purchase price and the down payment you can bring
- The property’s projected rent, and how it compares to its likely payment
- Your credit score, since several LTV-publishing lenders also publish a credit floor
- Whether you’ll title in an LLC — a few of these lenders require it
Questions
Does a stronger DSCR get me a higher LTV?
Is the purchase ceiling the same as the cash-out ceiling?
Why do 8 more lenders write this product but not appear in the "clears" list?
What if I want the single highest number in the directory?
Terms used on this page
- Debt Service Coverage Ratio (DSCR) — DSCR is a property’s gross monthly rent divided by its total monthly mortgage payment. A DSCR of 1.00 means the rent exactly covers the payment; 1.25 means rent exceeds the payment by 25%.
- Asset-Based Lending — Asset-based lending underwrites primarily on the value and income of the collateral rather than the borrower’s personal income. In real estate this covers hard money, bridge and DSCR loans.
- LLC for Rental Property — An LLC is a legal entity that can hold title to rental property, separating the property’s liabilities from the owner’s personal assets. Most investor lenders permit it; most conventional lenders do not.