Direct, citations-ready answers on 2026 DSCR underwriting formulas, LTV caps, AirDNA short-term rental income, BRRRR seasoning rules, LLC vesting, and prepayment step-downs from Loan Daddy LLC (NMLS #2827624 · AZ CMB #CMB-2016143 · CA CFL #60DBO-218873).
On 1–4 unit residential rentals, DSCR = Gross Monthly Rent (Form 1007 or executed lease) ÷ Monthly PITIA (Principal, Interest, Taxes, Insurance, and HOA). On 5–9 unit and 10+ unit commercial multifamily properties, DSCR = Annual Net Operating Income (NOI) ÷ Annual Debt Service.
Institutional wholesale DSCR credit shelves arranged by Loan Daddy LLC (NMLS #2827624) offer up to 80% LTV on purchases (85% CLTV where seller carryback is permitted), 80% LTV on rate-and-term refinances, and 75% LTV on cash-out refinances.
Yes. Select wholesale credit shelves offer sub-1.00x (0.75x–0.99x) and No-Ratio DSCR programs up to 75% purchase LTV and 70% cash-out LTV for borrowers with 680+ middle FICO scores and 6–9 months of PITIA reserves.
Wholesale STR DSCR shelves accept three qualification methods: (1) AirDNA Rentalizer annual revenue projections (ideal for new purchases), (2) trailing 12-month Airbnb/VRBO host payout ledgers, or (3) an STR-specialized Appraiser Form 1007 rent schedule.
Yes. Business-purpose DSCR, RTL Fix-and-Flip, and commercial multifamily loans are designed to close directly in single-purpose LLCs, Series LLCs, LPs, S-Corporations, or Revocable Living Trusts.
Borrowers can select from 5-year (5/4/3/2/1), 3-year (3/2/1), 2-year (2/1), 1-year (1%), or Zero Prepayment Penalty (No-PPP) structures depending on their hold or refinance horizon.
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