Current super-jumbo DSCR guidelines, updated from one source.
One source feeds every super jumbo DSCR page Lendmire publishes; the French Lick, IN figures below refresh when the program sheet is updated.
Program ceiling
Balances run from the program minimum to the ceiling shown; the largest band is reviewed before submission and never as cash-out.
Top purchase leverage
Leverage is read per loan size and credit tier from the matrix — the figure here is the best cell, not the whole program.
Full-leverage coverage floor
The full-leverage coverage floor: at or above it, the ladder applies as shown; below it, leverage steps down through the reduced band.
Credit floor
Credit sets which cells of the matrix are open: this floor opens the lower bands, the super-jumbo overlay floor applies above the overlay line, and each band’s best cell carries the credit requirement the ladder table shows.
Cash-out leverage steps down with loan size and stops at this balance; larger requests are purchase or rate-and-term only.
Above this balance every request is reviewed before submission, at reduced leverage.
An interest-only period is available through select programs, with coverage measured on the interest-only payment.
| Loan size | Purchase & rate-and-term | Cash-out | Credit at that leverage |
|---|---|---|---|
| $150,000 – $1M | 80% | 75% | 660+ |
| $1M – $1.5M | 75% | 70% | 700+ |
| $1.5M – $2M | 75% | 60% | 720+ |
| $2M – $3M | 75% | 60% | 720+ |
| $3M – $4M | 65% | Not available | 700+ |
| $4M – $6M | 60% · case by case | Not available | 700+ |
| $6M – $10M | 60% · case by case | Not available | 700+ |
Current super-jumbo DSCR snapshot · updated September 26, 2026 · coverage from 0.75 to 0.99 and no-ratio files to $2M at reduced leverage · super-jumbo overlays (credit floor 700+) above $3M · two appraisals above $2M · short-term rental income to $2M.
This page describes a business-purpose investor program at the program level. The leverage cell for any file comes from the current matrix for its loan size and credit tier; the appraisals, the lease or market rent, reserves, and full underwriting decide the actual terms, subject to lender program eligibility. Nothing here is a rate quote, a fee, or a commitment to lend — the calculator below runs on a public benchmark rate, not a quote — and Lendmire is never the lender.
What a super-jumbo DSCR loan is — and how the ladder decides it.
For French Lick, IN investors, the program is best understood as a table rather than a number: each loan-size band has its own leverage and credit cells, a review line divides large from very large, and cash-out stops before the top.
Balance inside the standard ceiling? See DSCR Loans in French Lick, the standard program, or the statewide guide at Super Jumbo DSCR Loans in Indiana.
The rent qualifies the loan, not the owner
A high-value rental in French Lick, IN qualifies the same way a modest one does — on its rent — but the lender reads the lease and the appraisal’s rent analysis more closely, because the number they defend is larger.
Leverage is a ladder, not a number
There is no single loan-to-value on this program. A French Lick file is placed in a loan-size band, the credit tier selects a cell inside it, and that cell is the leverage. The ladder table on this page shows the best cell in each band.
Credit and reserves tighten above the overlay line
In French Lick, IN, the overlays above the line are the program’s way of translating size into credit: a higher floor, a spotless housing history, longer seasoning after any credit event, and reserves that scale with the payment.
The review line and the cash-out ceiling
For French Lick, IN investors planning a very large balance, the review line is the practical top of the program: the request is considered on its own facts, purchase or rate-and-term only, with the leverage the top band allows.
Enter a price, an equity percentage, a credit tier, and the rent; the calculator reads the leverage cell for that loan size, builds the full payment, and compares the ratio with the floor.
Where French Lick’s high-value rental stock sits — and how a lender reads it.
Where French Lick, IN’s expensive homes are, how many there are, and what the top of the rental market pays — Census estimates give the backdrop for a high-balance review.
Read the figures as backdrop. In high-value markets, rent grows more slowly than value, so the rent-to-value ratio compresses as the price climbs; the leverage ladder exists to absorb that compression, and equity does the rest.
Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including owner-occupied home values by bracket and gross rent by bracket.
Distinct French Lick submarkets, distinct appraisal stories.
A super jumbo DSCR file in French Lick reads differently by submarket — appraisal depth, association packages, acreage, and rent-to-value all shift from one to the next.
Acreage and equestrian property
Larger parcels outside French Lick bring acreage, outbuilding, and use questions the appraisal must answer, with the cap tightening as the balance climbs. Median household income in French Lick sits near $54,519, the demand side of the rents a high-value rental competes for.
Executive relocation rentals
Corporate and executive tenants in French Lick sign the kind of leases a DSCR review likes: full-term, documented, and priced to the home. Census estimates place about 0.5% of French Lick’s owner-occupied homes at a value of one million dollars or more — roughly 3 homes.
Golf and club communities
In the golf neighborhoods of French Lick, the association’s leasing policy can decide whether the intended tenancy is allowed at all — checked before the appraisal. Median gross rent in French Lick sits near $828 a month, the floor the top of the market rises from.
New luxury construction
Where French Lick is adding new estate subdivisions, the value case rests on closed sales of similar product; the lender applies the ladder only once those support the number. French Lick counts a population near 1.8K.
Luxury townhomes and condominiums
An upscale townhome in French Lick can carry a large balance; the lender reads the association documents as carefully as the lease. Roughly 3 owner-occupied homes in French Lick are valued at two million dollars or more on the latest estimate, the stock a super jumbo file is most often written against.
Estate neighborhoods
In French Lick’s established estate streets, comparable sales are plentiful and rents are documented, so the ladder applies with few structural adjustments. The median owner-occupied home value in French Lick runs near $85,100 on the latest Census estimate.
Submarket descriptions are general market context; the appraisal, the lease or market rent analysis, and full underwriting decide every figure in a file.
Four ways French Lick investors put super-jumbo DSCR financing to work.
Four ways a high-balance rental in French Lick is financed on its rent, each with its own place on the ladder.
Buy a high-value rental on its rent
For a French Lick acquisition that a standard DSCR program cannot carry, the super jumbo path applies the same rent test at a larger balance, with the ladder setting the leverage.
Scale a portfolio of high-value rentals
Investors building a French Lick portfolio use the program property by property: each balance sits on its own rung, and reserves are measured per property.
Hold title in an entity
For French Lick investors holding property in an entity, the super jumbo path accommodates the structure, subject to lender program eligibility, while the rent carries the file.
Take cash out below the cash-out ceiling
Cash-out in French Lick, IN has its own rungs: leverage steps down with the balance, proceeds above a certain leverage are capped, and above the ceiling the program offers rate-and-term only.
Estimate a French Lick high-value rental’s coverage at its loan size, before requesting a quote.
This tool applies the ladder to a French Lick scenario: the loan size and credit tier select a leverage cell, the payment is built from your taxes, insurance, dues, and rate assumption, and the rent is measured against it. The benchmark rate is a weekly Freddie Mac average, editable and never a quote.
French Lick super jumbo DSCR calculator
Illustrative French Lick inputs; the calculator re-reads the matrix on every change.
Editable benchmark: 7.28% as of October 1, 2026 · Freddie Mac 30-year average via FRED®. This is not a DSCR loan quote.
Illustrative starting assumptions: a $2,500,000 price set above French Lick’s median owner-occupied home value to reach the super jumbo band, an equity position sized to the ladder, and a long-term rent in line with luxury rent-to-value (U.S. Census Bureau). Taxes and insurance are editable state-level assumptions.
Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. Leverage is read from the current program matrix for the loan size and credit tier entered; the appraisal, the lease or market rent, reserves, and full underwriting decide the actual figures. Requests above the review line are considered case by case, purchase or rate-and-term only. The rate field is an editable Freddie Mac thirty-year benchmark; it is not a DSCR loan quote.
Same property, three very different structures.
A high-value property in French Lick, IN can be financed several ways; the difference is whose income qualifies the loan and how large the balance may be.
Rent-qualified at scale, standard DSCR, or the owner’s income.
Rent-qualified financing for high-value rentals: no tax returns, leverage that steps down by band, reserves and appraisal work that scale with the balance, and interest-only through select programs.
Qualifies on the same rent-to-payment math but stops at the standard program ceiling; the lower bands of the super jumbo ladder overlap it, with the standard program often carrying the better cell there. Inside the standard ceiling, Lendmire arranges DSCR loans in French Lick.
A bank statement loan reads the owner’s deposits, not the rent; it is the path when the property is the owner’s home or when personal cash flow carries a file a rent ratio cannot.
Super jumbo DSCR fits a leased or leasable French Lick rental above the standard ceiling; standard DSCR fits the balance inside it; a bank statement loan fits the owner’s own home or a file the owner’s deposits carry better than the rent.
What to prepare for a French Lick scenario review.
A typical starting file for a high-value rental.
This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the loan size, the property, the appraisals, the lease or market rent, the entity, and reserves. Nothing here is legal or tax advice.
Local details that can change the loan.
These are the points a lender reads on a French Lick high-balance file before the leverage cell is confirmed; each one can move the structure.
Use these checks to keep the French Lick file clean and fundable.
Settle the band, the appraisals, the credit overlays, and the property’s eligibility before the rent is even discussed; a French Lick file that clears these reads cleanly.
- Know the rung: confirm the band and the credit tier the best cell requires.
- Know the STR cap: know that short-term rental income qualifies only up to the balance the snapshot line under the ladder table shows.
- Count the appraisals: expect two appraisals above the line and plan for the lower value.
The loan-size band decides the leverage
The balance places a French Lick file in a band, and the band sets the leverage ceiling and the credit floor for its best cell. A little more equity can move a file down a rung into a better cell — which is why the balance is planned before the price.
Short-term rental income has its own cap
Short-term rental income on a French Lick, IN high-balance file is accepted to a lower ceiling than lease income, discounted, and documented with operating history or a rent analysis; the local rules are confirmed by the investor for the address.
Two appraisals above the line
Above the second-appraisal line, a French Lick file carries two appraisals, and the lower value governs; on unique high-value property the comparables are thin, so the review takes longer and the value can land below the contract.
Acreage, condos, and rural designations
Acreage is capped by loan band in French Lick, rural property carries its own leverage and is excluded above a set balance, and a non-warrantable condominium or a condotel has its own cell and its own size cap.
Cash-out has its own ceiling
A French Lick, IN investor planning to pull equity from a high-value rental works inside the cash-out ladder: leverage by band, a proceeds cap above a certain leverage, and no cash-out at all above the ceiling.
From a French Lick rent roll to a funded high-balance loan.
The process for a French Lick, IN super jumbo DSCR loan is deliberate, because the details at this size are expensive to discover late.
Place the balance
Lendmire reads the French Lick scenario against the matrix: the band, the credit tier, the leverage cell, the review line, and the cash-out ceiling — before anything is ordered.
Package the file
The file is built once, correctly: rent documentation, credit, reserves, entity, property — everything the French Lick, IN lender will read, in the order they read it.
Appraise and review
Valuation is settled next: the appraisals the French Lick balance requires, the rent analysis, and any case-by-case review above the line.
Close and fund
Final underwriting reads the whole French Lick, IN file against the matrix, and the loan funds at the leverage the band and the credit tier opened.
A brokerage built around investors who qualify on rent.
High-balance DSCR lending is where a generalist stumbles: the ladders differ by program, the overlays differ by size, and the list of wholesale lenders that handle very large rental balances competently is short.
Ladders, not guesses
The band, the cell, the overlays, and the review line are known at the start of a French Lick, IN file, not discovered in underwriting.
The right wholesale program
A French Lick file is matched to the program whose matrix opens the best cell for its size and tier, subject to lender program eligibility.
Structured for the review
The details that sink high-balance files late are settled early on a French Lick file, which is what keeps the closing on the terms the ladder allowed.
Trusted by investors & homeowners alike.
French Lick super jumbo DSCR loan FAQs
General answers for French Lick investors weighing a super jumbo DSCR loan; the appraisals, the rent, and underwriting decide every actual figure.
How is leverage decided on a super jumbo DSCR loan in French Lick?
From a matrix: the balance places the file in a loan-size band, the credit tier selects a cell inside it, and that cell is the leverage. The smallest band carries the highest leverage; leverage steps down as the balance climbs. The ladder table on this page shows the best cell in each band.
Can I take cash out of a high-value French Lick rental with a super jumbo DSCR loan?
Yes, inside the cash-out ladder. The ceiling sits below the program’s top balance, proceeds are limited above a certain leverage, and at the largest balances cash-out proceeds may not count toward reserves.
What does Lendmire do on a French Lick high-balance file?
Reads the balance against the matrix, chooses the wholesale program whose ladder fits, packages the file — rent, credit, reserves, entity, property — orders the appraisals the balance requires, and handles any case-by-case review before submission. Lendmire is the broker, never the lender.
Can the property be held in an LLC?
Yes, subject to lender program eligibility: title in an LLC or corporation is routine on high-balance rentals, with the guarantors’ credit selecting the leverage cell and layered entity structures not accepted.
What coverage ratio does a French Lick property need?
Rent divided by the full payment must reach the floor for full leverage; below it, the file steps into the reduced-leverage band. On an interest-only structure the ratio is measured on the interest-only payment.
How is the rent documented on a high-balance file?
A lease or the appraisal’s market rent. On very large French Lick balances the rent analysis has to defend a large number, so the appraiser’s comparables matter as much as the lease.
Why does a French Lick high-balance file need two appraisals?
Above the second-appraisal line the program requires two reports, and the lower value governs. High-value property is appraised on a thin comparable set, and a second opinion protects the valuation the ladder is applied to.
What credit score does a super jumbo DSCR loan require?
It depends on the balance and the leverage requested. The floor in the snapshot applies at the bottom of the ladder; above the overlay line a higher floor applies, each band’s best cell carries the credit the table shows, and the overlays add a clean recent housing history.
Are foreign nationals eligible?
Foreign nationals can use the program on its foreign-national tier, subject to lender program eligibility, with the balance capped below the program’s top.
Does short-term rental income count on a super jumbo DSCR loan?
Within its cap. A French Lick, IN vacation rental above the short-term rental cap is underwritten on the appraisal’s long-term rent instead of bookings.
From estate to funded loan — start the review.
No credit pull, no commitment: an initial review places your French Lick balance on the ladder and tells you what the file will need.
This guide covers French Lick — for the statewide ladder, overlays, and scenarios, see Super Jumbo DSCR Loans in Indiana, part of Lendmire’s super jumbo DSCR loan program.
Nearby markets in Indiana: Bloomington · Nashville · Jeffersonville · Columbus · Evansville · Terre Haute · Greenwood · Indianapolis
Other loan programs in French Lick: DSCR Loans in French Lick, IN · Short-Term Rental Loans in French Lick, IN · Investment Property Cash-Out Refinance in French Lick, IN · Hard Money Loans in French Lick, IN · Bank Statement Loans in French Lick, IN · Super Jumbo Bank Statement Loans in French Lick, IN · Bank Statement HELOC in French Lick, IN · Investment Property HELOC in French Lick, IN