Home / DSCR / Two to four units. Add the rents. One DSCR.
Updated September 2026
DSCR guide
Two to four units. Add the rents. One DSCR.
A 2 to 4 unit rental is still a DSCR loan, not a commercial loan, when the program is residential investment. We add qualifying rent on each unit, then divide by one PITIA. You do not live in a unit on this product. House-hack and owner-occupant rules are a different door. Each unit needs a lease, market rent, or a vacant flag. One strong unit does not hide three empty ones.
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
| Unit file | Rule |
|---|---|
| Rent | Per unit, then added |
| Vacant | Reduced or excluded, by screen |
| Occupancy | Investment. Not a house hack |
| Entity | LLC is normal |
What we fund
- Duplex, triplex, and fourplex purchases
- Refinance of a small multifamily you already own
- Cash-out when leverage fits the tighter cash-out screen
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
Is a fourplex commercial?
Not on this residential DSCR screen. Five units and up is a different conversation.
Can I live in one unit?
Not on investment DSCR. Tell us if you will occupy. We will not force a rental product onto a primary.
Do all units need leases?
Each unit needs a rent we can defend: lease, market, or a vacant treatment. Blank units do not get full rent.
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.