How To Use A Mortgage Calculator To Plan Your Home Purchase
On a rental purchase, that comparison is the debt service coverage ratio, or DSCR.
On a rental purchase, that comparison is the debt service coverage ratio, or DSCR.
A direct lender gives you one set of rules and one point of contact. A broker gives you one application shopped across several lenders.
The core question is whether market rent covers the monthly housing payment, plus credit, reserves, and leverage.
The lender compares the property’s rent to its full monthly obligation: principal, interest, taxes, insurance, and any HOA dues.