Wisconsin DSCR Loans
EasyRent is our tailored and industry-leading DSCR Loan solution for Wisconsin real estate investors. Whether you are acquiring property to expand your portfolio or cashing out your capital in a refinance, we have a loan for you. Our DSCR Lending Program has solutions for anyone – from first-time investors to industry veterans looking to rapidly scale their portfolios. We are confident we can find you a great Wisconsin DSCR loan in a quick, efficient and easy process. Click the button below and get started today!
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What is a DSCR Loan?
A DSCR Loan is a mortgage loan for a residential income-producing property. It is primarily based on the “Debt Service Coverage Ratio” or the cash flow of the property, rather than the borrower’s income. A traditional mortgage loan will require income verification, tax returns and a “Debt-to-Income” (DTI) ratio. DSCR Loans require none of these! Perfect for real estate investors ready to scale (no more W2!) or are looking leave behind the hassle, paperwork and headaches of conventional financing, DSCR Loans are quickly becoming the go-to loan option for real estate investors.
For a comprehensive definition, “DSCR Loans are mortgage loans secured by residential real estate turnkey properties strictly used for a business purpose and underwritten primarily based on the property.”
DSCR Loan Definition Breakdown
- Mortgage Loans = form of loan that is secured by collateral, collateral = real estate
- Residential Real Estate = properties used for people to live in vs. commercial, which is used to operate businesses (offices, retail, industrial, hotel, self-storage, etc.). In real estate finance, residential also typically refers to “1-4 unit” properties, anything more would be considered “multifamily”
- Business Purpose = DSCR loans strictly do not allow the owner of the property to live in the property, it must be used for “business” or investment purposes. Includes use of “cash-out proceeds”
- Underwritten = How lender evaluates (and then prices) the risk of the loan
- Primarily Based on Property = Mostly based on property, but also look at sponsor
- Turnkey = property doesn’t require any renovation, “turn the key and go”
Looking to get a deeper understanding of all things DSCR? Check out our DSCR Loans Guide below!
Wisconsin Recent DSCR Fundings
Real Investments. Real Results.
Real estate investors in the Badger State are turning to DSCR Loans as a strategic tool to expand and manage their investment property portfolios. DSCR loans allow investors to secure financing based on the property's ability to generate income (rather than an investor's individual credit profile). In a market like Wisconsin, where real estate prices have shown steady growth and rental demand remains steady, DSCR loans offer investors a flexible and effective means to acquire new properties, improve existing ones, or refinance their assets. Easy Street Capital is proud to be a leading provider of DSCR loans for Wisconsin real estate investors looking to build rental portfolios! Check out our most recently funded DSCR loans in Wisconsin below:
Single-Family Residence
Mauston, WI
$210,000 Wisconsin DSCR Rental Loan for an Acquisition of a rental property in Mauston. This beautifully remodeled home features a spacious living area with a woodstove and cathedral ceiling, along with a newly finished office in the basement. Ideally located near downtown Mauston and Castle Rock Lake, it offers convenient access to local amenities and outdoor activities.
Single-Family Residence
Wautoma, WI
$315,000 Wisconsin DSCR Rental Loan for an Acquisition of a rental property in Wautoma. This property offers year-round appeal for outdoor enthusiasts, with nearby lakes for boating, fishing, and swimming, as well as access to hunting, hiking, and biking trails. Its proximity to Mt. Morris Ski Area enhances its potential as a lucrative short-term rental.
Duplex
Racine, WI
$150,000 Wisconsin DSCR Rental Loan for a Rate-Term Refinance of a rental property in Racine. The property is well-maintained and located just two miles west of State Highway 32. This position offers convenient access to downtown Racine and nearby areas.
Triplex
Milwaukee, WI
$367,500 Wisconsin DSCR Rental Loan for a Cash-Out Refinance of a rental property in Milwaukee. This triplex is situated in an urban neighborhood just two miles north of downtown Milwaukee. All three units are currently leased with long-term tenants.
Single-Family Residence
Milwaukee, WI
$206,250 Wisconsin DSCR Rental Loan for a Cash-Out Refinance of a rental property in Milwaukee. Situated on a tranquil residential street with convenient access to local traffic arteries, its strategic location provides easy reach to schools, shopping centers, recreational facilities, and highways.
Single-Family Residence
Oshkosh, WI
$150,000 Wisconsin DSCR Rental Loan for a Acquisition of a rental property in Oshkosh. Located in a well-established residential market and a block away from Lake Winnebago, the property is nearby public schools and transportation, shopping, employment, and recreational facilities.
Quadplex
Milwaukee, WI
$180,710 Wisconsin DSCR Rental Loan for an Acquisition of a rental property in Milwaukee. Situated about five miles outside of Downtown Milwaukee, it is conveniently located within close proximity to various places of employment, healthcare facilities, schools, and a multitude of retail amenities.
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