Connecticut DSCR lender
DSCR loans in Connecticut
Your rental qualifies the loan, not your tax return. A DSCR loan is sized on what the property earns, so write-offs on your 1040 don't count against you.
Buy, refinance or cash out on a rental anywhere in Connecticut, and close in your LLC. We price every deal from our office in Monroe, not a call center.
4.9 · 450+ Google Reviews · CT Direct Lender · Family-Owned Since 1998
$38.9M
In 90 bridge loans from our own fund since 2024
4.9
Average on 450+ Google reviews
Since 1998
Family-owned, Connecticut direct lender
NMLS #2801
Licensed in Connecticut
At a glance
The property is the borrower
No tax returns
No W-2s, pay stubs or 1040s. The rent qualifies the loan.
660+ credit
The minimum score for our DSCR programs.
20–25% down
Typical. Stronger deals may access 15% down programs.
DSCR 1.0 and up
Some programs go to 0.75 with a larger down payment.
Close in your LLC
LLC, LP, trust or corporation. No transfer after closing.
Typically 3–4 weeks
Interest-only options for the first 5 to 10 years.
The math
How DSCR is calculated
Monthly rent divided by the full monthly payment: principal, interest, taxes, insurance and HOA.
A DSCR of 1.25 means the property earns 25% more than it costs to carry. No rent history yet? The appraiser's market rent survey (Form 1007) sets the number for a new purchase.
Example
Illustration only, not a rate quote or commitment.
How it works
From deal to closing in four steps
01
Send the property
We run the DSCR on the spot from market rents.
02
Credit and entity
We pull credit and collect LLC documents. No income documents.
03
Appraisal and rent
The appraisal confirms market rent. Short-term rentals use AirDNA or booking history.
04
Close
In your name or your entity's, typically in 3 to 4 weeks.
Local
Rentals across all eight Connecticut counties
Fairfield, New Haven, Hartford, Litchfield, Middlesex, New London, Tolland and Windham. From Stamford and Norwalk multifamily to New Haven and Hartford two- and three-families, we price the deal from our office in Monroe, not a call center.
Connecticut rents don't always cover carrying costs in high-cost towns. That's where the 0.75 DSCR programs and a larger down payment come in.
Flipping first? We fund the purchase and rehab with a hard money loan, then refinance you into a DSCR loan once it's leased.
FAQ
DSCR loan questions
What credit score do I need for a DSCR loan in Connecticut?
660 is the minimum for our DSCR programs. Higher scores can open lower down payment and lower DSCR options.
What DSCR ratio do I need?
Our standard programs want 1.0 or higher. Certain programs go as low as 0.75 with compensating factors like stronger credit or a larger down payment, typically 30–35%.
How much do I need to put down?
Typically 20–25%. Stronger deals may qualify for 15% down programs. We'll show you the options for your scenario.
Can I qualify without rental history?
Yes. For a new purchase, the appraiser's market rent survey (Form 1007) sets the projected rent, and we calculate DSCR from that.
Can I use a DSCR loan for an Airbnb in Connecticut?
Yes. We accept short-term rental income from AirDNA projections or actual booking history, and STR income often supports a higher DSCR.
Can I close in my LLC?
Yes. Close directly in your LLC, LP, trust or corporation. There's no transfer to arrange after closing.
Can I refinance or take cash out with a DSCR loan?
Yes. DSCR loans cover purchases, rate-and-term refinances and cash-out refinances, including refinancing out of a fix-and-flip loan once the property is leased.
Run the numbers on your next rental.
DSCR loans are for investment properties only and require 660+ credit. Not a commitment to lend. Programs, terms and eligibility are subject to change and to credit, property and underwriting approval. AFC Mortgage Group, LLC | NMLS #2801 | Equal Housing Lender.