DSCR Loan Rates Today
Weekly composite rate across 8 lenders. Updated every Monday.
Historical Trend
The trend chart becomes more useful as we collect more weekly data points. Check back in a few weeks for a meaningful trend line.
Lender Breakdown: Week of 2026-06-08
Rates below are for a standard profile: 30-year fixed, 75% LTV, 1.25+ DSCR, 740+ FICO, single-family long-term rental. Your rate will vary based on your specific deal.
| Lender | 30yr Fixed | Source |
|---|---|---|
| Griffin Funding | 7.25% | Rate page → |
| Kiavi | 7.50% | Rate page → |
| Lima One Capital | 7.35% | Rate page → |
| Visio Lending | 7.50% | Rate page → |
| New Silver | 7.75% | Rate page → |
| Defy Mortgage | 7.40% | Rate page → |
| CoreVest | 7.60% | Rate page → |
| Angel Oak | 7.30% | Rate page → |
Initial seed entry. Rates are indicative estimates based on published ranges, not verified quotes. Replace with actual observed rates.
Methodology
Every week we visit the rate pages of 8 to 12 major DSCR lenders and record the published 30-year fixed rate for a standard deal. “Standard” means 75% LTV, 1.25+ DSCR, 740+ FICO, and a single-family long-term rental. When a lender does not publish a rate publicly, they are excluded from that week's average.
The composite average is a simple mean of all reporting lenders. We do not weight by volume or market share because that data is not public. The range shows the lowest and highest observed rate in the sample.
This is not a rate quote. These are published starting rates for strong-profile borrowers. Your actual rate depends on your FICO, LTV, DSCR, property type, location, and whether the property is a short-term rental or has other risk factors.
What Moves DSCR Rates
DSCR loans are not backed by Fannie Mae or Freddie Mac, so their pricing is driven by different forces than conventional mortgages. Three factors matter most:
1. The 10-year Treasury yield
Most non-QM lenders benchmark their long-term rates off the 10-year Treasury. When bond yields rise, DSCR rates follow with a typical lag of 1 to 3 weeks. The spread between DSCR rates and the 10-year usually sits around 2.5% to 4.0%.
2. Non-QM securitization demand
DSCR lenders sell pools of loans to institutional investors as mortgage-backed securities. When demand for these bonds is strong, lenders can offer lower rates because they know they can sell the loan at a good price. When demand weakens (risk-off environments, credit events), spreads widen and rates jump even if Treasuries are flat.
3. Individual lender capacity
Lenders have volume targets. When a lender is behind on volume for the quarter, they drop rates to attract deals. When they are at capacity, rates creep up. This is why shopping multiple lenders in the same week often yields a spread of 0.50% to 1.00% or more.
How to Use This Data
The primary use case is deal underwriting. Instead of guessing a rate for your cash-out refi model or DSCR calculator, use the current average from this page. Our cash-out refi calculator already defaults to the latest rate from this monitor.
The secondary use case is timing. If rates have been falling for three consecutive weeks, that is different from a one-week dip. The trend chart helps you see which direction the market is moving before you lock.
Do not over-optimize on timing. A 0.25% rate improvement on a $300,000 loan saves $62/month. If waiting for that quarter point costs you a deal or two months of vacancy, the math rarely works out.
Compare Lenders Beyond Rates
Rate is one variable. The lender you choose should also match on minimum DSCR, FICO floor, prepayment penalty structure, and property type coverage. Our lender comparison matrix shows these side by side. And if you are not sure which lenders will take your deal, the DSCR qualifier matches your profile against the full dataset.
FAQ
What is the current average DSCR loan rate?
As of the latest weekly update, the average 30-year fixed DSCR rate across major lenders sits around 7.0% to 8.0%. The exact number shifts weekly. This page tracks a basket of 8+ lenders and publishes a composite average every week so you can see the trend without calling every lender individually.
How are these rates collected?
We manually survey published rate pages and rate sheets from the largest DSCR lenders each week. We look for the standard deal: 30-year fixed, 75% LTV, 1.25+ DSCR, 740+ FICO, single-family rental. Not all lenders publish rates publicly, so the sample size varies from week to week. We report the source count alongside every average.
Why are DSCR rates higher than conventional mortgage rates?
DSCR loans are non-QM products, they do not go through Fannie Mae or Freddie Mac. Without government backing, lenders price in more risk. The property qualifies based on rental income, not your personal income, which means higher default probability for the lender. That risk premium typically adds 1.5% to 3% over conventional rates.
What moves DSCR rates week to week?
Three things: the 10-year Treasury yield (most DSCR lenders benchmark off it), the appetite of non-QM securitization buyers (the secondary market), and individual lender capacity. When bond yields drop, DSCR rates follow, but with a lag of 1 to 3 weeks. Securitization demand can override: if buyers are hungry for DSCR-backed bonds, rates drop even if Treasuries are flat.
What DSCR rate should I expect as a borrower?
The averages on this page assume a strong profile: 740+ FICO, 75% LTV, 1.25+ DSCR, long-term rental. Weaker profiles pay more. A 680 FICO adds roughly 0.50% to 0.75%. An 80% LTV adds 0.25% to 0.50%. Sub-1.0 DSCR adds 1.0%+. STR and foreign national programs carry their own premiums. The rate you get is the average on this page plus your specific risk adjustments.
How often is this page updated?
We aim for a weekly update every Monday. Some weeks a lender may not publish updated rates in time, in which case we carry forward their last known rate and note it. The date on each data point is the Sunday of the measurement week.
Can I use these rates for underwriting a deal?
As a starting point, yes. For actual underwriting, get a rate lock or written quote from a lender. Published rates assume an ideal profile, and your deal may deviate. Our cash-out refi calculator defaults to the latest average from this page so your models stay roughly current without you having to look up rates manually.