Home / DSCR / The bridge loan was the setup. DSCR is the exit.
Updated September 2026
DSCR guide
The bridge loan was the setup. DSCR is the exit.
A bridge or hard-money loan is for the ugly middle: rehab, a vacant building, a short close. DSCR is the exit when the property is rentable and the payment can be covered by rent. Paying off the bridge is usually a refinance, rate-and-term if you take no extra cash, cash-out if you pull more. The rent has to be documentable. A finished kitchen with no lease and no market-rent support is not an exit yet. Interest you already paid the bridge lender does not raise your DSCR.
Sending a file is not an approval and not a credit pull. We text the same business day. We do not call. If we can structure it, we name the door. If we cannot, we say so.
The screen
| Bridge exit | DSCR needs |
|---|---|
| Property | Rentable. Not mid-rehab |
| Payoff | Current bridge statement |
| Rent | Lease, market, or STR history |
| Extra cash | Turns it into cash-out leverage |
What we fund
- Hard-money payoffs on 1 to 4 units
- 5 to 8 units once the rent roll exists
- BRRRR exits with a real rent number
What we still need. Short list.
- Credit is still reviewed. A lower score changes leverage, it does not skip the file.
- Reserves and down payment, sourced, when that screen asks for them.
- Appraisal plus a lease, market rent, or a short-term rent schedule.
- Entity documents if you close in an LLC.
Questions
Can DSCR close before the bridge matures?
That is the goal. Start before the balloon month, not during it.
What if the rehab is not done?
Stay on bridge, or ask about the bridge cash-out screen. DSCR wants a property a renter can use.
Will the DSCR loan match the bridge amount?
Only if value and LTV allow it. A bridge at 90% does not become a DSCR at 90%.
Related
These are the guidelines we screen. They are not a promise that your file hits the maximum. Credit-event seasoning, occupancy, and property condition still have to be confirmed. Not a commitment to lend. We text. We do not call.