Entity & Vesting

Foreign National & ITIN DSCR Underwriting

DSCR investment property financing for non-U.S. citizens residing abroad (Foreign Nationals) or U.S. residents filing with an ITIN.

Underwriting Formula / Rule

Qualifying: Passport/Visa or ITIN + U.S. LLC + 6–12 Months Reserves + 1.00x–1.20x DSCR.

Detailed Credit-Committee Impact & Thresholds

Foreign National and ITIN wholesale DSCR shelves allow international investors and ITIN holders to acquire U.S. cash-flowing rental properties inside a U.S. LLC without a U.S. Social Security Number or domestic FICO score.

2026 Wholesale Benchmark: Up to 75% LTV Purchase and 65%–70% LTV Refinance across 16+ wholesale shelves.

Related Underwriting Terms

Debt Service Coverage Ratio (DSCR)Form 1007 Single-Family Comparable Rent Schedule Form 1025 Small Residential Income Property Appraisal Report 5-4-3-2-1 Step-Down Prepayment Penalty 3-2-1 Step-Down Prepayment Penalty Yield Maintenance Prepayment Provision