Written by a working DSCR originator
These guides are written by Patrick Penner — an Idaho DSCR specialist with 30+ years in mortgage. The goal isn't to teach general concepts. It's to give you the specific knowledge that changes how you structure deals and choose lenders.
The Basics
Start here if you're new to DSCR loans or want to understand how qualification and underwriting actually work.
DSCR vs. Conventional Loans
When each makes sense and where the conventional wall is.
6 min read
How DSCR Loans Are Underwritten
What lenders actually look at — ratio, credit, LTV, reserves, rent docs.
8 min read
DSCR Ratio Types Explained
No Ratio, 0.75, 1.0, 1.25+ — what each tier means and unlocks.
5 min read
DSCR Loan Glossary
Every term — PITIA, LTV, overlay, seasoning, step-down — defined simply.
4 min read
Qualification & Rate Strategy
Understand what moves your ratio, how rate changes affect qualification, and mistakes that catch investors off guard.
How to Improve Your DSCR Before Applying
Practical levers to move your ratio before you submit.
7 min read
Common DSCR Loan Mistakes
Eight mistakes that catch investors off guard — and how to avoid them.
8 min read
How Interest Rates Affect DSCR Qualification
Rate changes move your ratio — stress-test before you go under contract.
6 min read
Liquidity vs. Payoff
Why access to cash matters more than a low balance.
5 min read
Property Types
How DSCR income documentation and lender requirements differ by property type — STRs, multifamily, co-living, and care homes.
Deal Structuring
Prepayment penalties, LLC vesting, and liquidity decisions that affect your next deal — not just this one.
Have a specific deal in mind?
Reading only gets you so far. If you have a deal on the table, let's look at it together.