Investment property loan options
Conventional purchase
Buy a 1–4 unit rental with full-documentation conventional financing.
Conventional refinance and cash-out
Lower your rate or term, or pull equity out of a rental you already own.
Non-QM investor loans
Qualify with bank statements, P&L or assets when tax returns understate your income. Purchase, refinance and cash-out.
Ask about non-QMDSCR loans
Qualify on the property's rent instead of your income, including no-ratio options for vacant or newly renovated properties.
See DSCR loansWhich one fits?
- Strong credit and income on your tax returns: conventional is usually the lowest-cost option.
- Self-employed or write-offs lower your income: non-QM with bank statements or P&L.
- Don't want to use personal income at all: DSCR.
- Need to keep your current low-rate loan: ask about a HELOC or fixed second on the rental instead of refinancing.
Questions investors ask
Can I get a conventional loan on an investment property?
Yes. Conventional loans can finance 1–4 unit investment properties for purchase, rate-and-term refinance and cash-out refinance. They often carry the lowest rates for investors with documented income and strong credit.
What if I don't qualify for conventional?
We look at non-QM investor loans next: bank statements, P&L or asset-based income instead of tax returns. If you'd rather qualify on the property's rent alone, DSCR is another option.
What's the difference between conventional, non-QM and DSCR for a rental?
Conventional uses your tax returns and personal income. Non-QM uses alternative income documents like bank statements. DSCR qualifies on the property's rent instead of your income. We compare all three for your deal.
Can I take cash out of my rental with a conventional loan?
Yes. A conventional cash-out refinance replaces the current loan on the rental and pays you the difference, subject to program limits.
Can I buy a rental with a conventional loan?
Yes. Conventional purchase loans are available for 1–4 unit investment properties.