Sprint Funding
Sprint Funding sits at the conservative end of the DSCR market with a 1.1 to 1.25 minimum DSCR requirement, higher than most competitors. The upside: zero prepayment penalty, which is rare. If you plan to sell or refinance within 1-3 years, the absence of a prepayment penalty can save you $5,000 to $15,000 compared to a lender with a 5-year step-down. They also offer a 6-month short DSCR product alongside the standard 30-year fixed. California-based with limited state coverage.
- No prepayment penalty (rare in DSCR lending)
- 6-month short DSCR product available
- 30-year fixed at $175K to $3M
- Good fit if you plan to sell or refi quickly
Loan requirements
| Minimum DSCR | 1.1 (above median of 0.75) |
| Minimum FICO | Not disclosed |
| Max LTV (purchase) | Not disclosed |
| Max LTV (cash-out) | Not disclosed |
| Min loan amount | $175,000 |
| Max loan amount | $3,000,000 |
| Prepayment penalty | none |
| BRRRR seasoning | Not disclosed |
Programs and coverage
| Short-term rentals (STR) | Not disclosed |
| Foreign nationals | Not disclosed |
| State coverage | limited coverage, CA-based |
| Channel | Direct to investor |
Best for
- Investors planning to sell or refinance quickly (no PPP)
How Sprint Funding compares
Across the 16 DSCR lenders in our database:
- DSCR floor of 1.1 is stricter than the median (0.75). You need a healthier cash-flowing property to qualify here.
For a full side-by-side comparison, see the lender comparison matrix. Or use the DSCR loan qualifier to find which lenders match your specific deal.
Run your numbers
Before reaching out to Sprint Funding, model your deal:
- DSCR Calculator to verify your property's debt service coverage ratio
- DSCR Loan Calculator to estimate monthly payments and qualification
- Cash-Out Refi Calculator to see how much equity you can pull out
Frequently asked questions
Is Sprint Funding a good DSCR lender?
Sprint Funding is a legitimate DSCR lender with terms last verified on 2026-06-11. Whether they are a good fit depends on your specific deal. Their 1.1 DSCR floor is stricter than the market median of 0.75. Compare their terms against 2-3 other lenders before committing.
What is the minimum credit score for Sprint Funding?
Sprint Funding does not publicly disclose a minimum FICO requirement. Contact them directly for qualification criteria.
Does Sprint Funding do short-term rental loans?
Sprint Funding has not publicly disclosed whether they offer STR programs. Contact them directly to ask.
Does Sprint Funding work with foreign national investors?
Sprint Funding has not publicly disclosed whether they offer foreign national programs.
What states does Sprint Funding lend in?
Sprint Funding's coverage: limited coverage, CA-based. DSCR lender state coverage changes over time based on licensing and regulatory requirements. Always confirm your state is covered before starting an application.
What is the prepayment penalty at Sprint Funding?
Sprint Funding does not charge a prepayment penalty, which is rare among DSCR lenders. This makes them a strong option if you plan to sell or refinance within 1-3 years.