Investor Flex (DSCR) Loans

UWM’s DSCR loan options are perfect for investors looking to expand their real estate portfolio. It allows borrowers to use the prospective monthly rental income to qualify, rather than their current income.

Originate Investor Flex loans in 35 states, even without a license in those states. Click here to see the list.

Investor Flex Fixed – Yellow

• 640+ FICO up to 80% LTV
• Loan amounts up to $2M
• Minimum debt service coverage ratio of 0.00
• Eligible on investment purchases, rate/term and cash-out refinances
• Finance up to 20 properties
• Minimum of 6 months’ reserves required
• Pre-payment penalty options: 3/2/1, 2/1, 1/1
• Appraisals from two different appraisers required for loans over $2M
• Eligible to close in an LLC (Limited Liability Company)
• Gift funds allowed per breakdown:
  • 5% gift on LTV under or equal to 80%
  • 10% gift on LTV under 70%

Investor Flex Fixed – Pink

• 660+ FICO up to 80% LTV
• Loan amounts starting at $50,000 up to $3M
• Minimum debt service coverage ratio of 1.00
• Eligible on investment purchases, rate/term and cash-out refinances
• No limit on the number of financed properties
• Minimum of 3 months’ reserves required
• Pre-payment penalty options: 3/2/1, 2/1, 1/1
• Eligible to close in an LLC (Limited Liability Company)
• Gift funds allowed per breakdown:
  • For LTV over 75%, the borrower must contribute at least 5% of their funds
  • For LTV under or equal to 75%, there is no minimum borrower contribution

Investor Flex Fixed – Orange

• 660+ FICO up to 80% LTV
• Loan amounts starting at $75,000 up to $2M
• Minimum debt service coverage ratio of 0.00
• Eligible on investment purchases, rate/term and cash-out refinances
• Finance up to 20 properties
• Minimum of 3 months’ reserves required
  • Minimum of 6 months’ reserves required for loan amounts greater than $500,000
• Pre-payment penalty options: 3/2/1, 2/1, 1/1
• Eligible to close in an LLC (Limited Liability Company)
• Gift funds allowed per breakdown:
  • For LTV over 75%, the borrower must contribute at least 5% of their funds
  • For LTV under or equal to 75%, there is no minimum borrower contribution

Investor Flex Fixed – Blue

• 660+ FICO up to 70% LTV
• Loan amounts starting at $100,000 up to $2M
• Minimum debt service coverage ratio of .80
• Eligible on investment purchases, rate/term and cash-out refinances
• Finance up to 20 properties
• Minimum of 12 months’ reserves required
  • Additional 6 months’ reserves required per financed property
• Pre-payment penalty options: 3/2/1, 2/1, 1/1
• Appraisals from two different appraisers required for loans over $1.5M
• Eligible to close in an LLC (Limited Liability Company)
• Use of gift funds is not allowed

Information is subject to change. Certain restrictions apply. Subject to borrower approval. Not applicable in West Virginia. Not available on Texas 50(a)(6). Pre-payment penalties by state as permissible by law. Pre-payment penalty options not available in District of Columbia, Alaska, Kansas, Massachusetts, Minnesota, New Jersey, New Mexico, and Vermont.