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Michigan · Rental property loans

DSCR Loans in Michigan

Long-term rental loans for Michigan investors, qualified on the property's cash flow. No tax returns, W-2s or debt-to-income ratio, just the rent, the value and your credit.

PurchaseUp to 80% LTV
Cash-outUp to 75% LTV
Term30-year fixed
Income docsNone
Michigan DSCR rental loansUp to 80% LTV · Up to 75% LTV2,000+ capital partners

DSCR Loans in Michigan

Win-Win Capital Funding arranges DSCR loans across Michigan through more than 2,000 capital partners. Our DSCR engine compares multiple lenders at once, so Michigan investors see the best available rate for their credit, leverage and cash flow, whether they're buying their first rental or refinancing a portfolio.

Michigan dscr loans programs

ProgramMax leverageTerm / notes
PurchaseUp to 80% LTV30-year fixed; interest-only options
Rate/term refinanceUp to 80% LTV30-year fixed
Cash-out refinanceUp to 75% LTV30-year fixed
Short-term rental (Airbnb)Up to 75–80% LTVProjected or actual STR income
No-ratio / DSCR under 1.0Lower leveragePriced on credit and LTV

What we finance in Michigan

  • Single-family rentals, 2–4 unit properties, condos and townhomes
  • Short-term and vacation rentals
  • Purchases, rate/term refinances and cash-out refinances
  • BRRRR refinances after a rehab
  • LLC and corporate vesting
  • Portfolio and blanket loans for multiple rentals

Areas we serve in Michigan

  • Ann Arbor
  • Detroit
  • Grand Rapids
  • Lansing
  • Troy

We also lend in suburban, rural and resort markets throughout Michigan.

More Michigan financing

Fix & flip loans in Michigan · Hard money in Michigan · RV park financing in Michigan · Business second mortgage in Michigan · Bridge Loans in Michigan · Ground-Up Construction Loans in Michigan · SBA 7(a) Loans in Michigan

Investors in nearby states can see DSCR Loans in Wisconsin, DSCR Loans in Indiana, DSCR Loans in Ohio.

Terms are representative and subject to underwriting, appraisal and state availability. DSCR loans are business-purpose loans on non-owner-occupied property. This is not a commitment to lend.

Questions

DSCR Loans in Michigan: FAQ

What credit score do I need for a DSCR loan in Michigan?

Most DSCR programs in Michigan start at 660–680. Higher scores get better rates and more leverage, and lower scores may qualify with less leverage.

What DSCR ratio do Michigan lenders want?

1.0 means the rent exactly covers principal, interest, taxes, insurance and HOA. 1.20–1.25 or higher gets the best pricing, and no-ratio programs are available when the rent doesn't cover the payment.

Can I use a DSCR loan for a short-term rental in Michigan?

Yes. Short-term rental DSCR loans use projected or actual short-term rental income. Check local Michigan city and HOA rules on short-term rentals before you buy.

Can I close a Michigan DSCR loan in an LLC?

Yes. LLC and corporate vesting is standard on DSCR loans, which are business-purpose loans on non-owner-occupied property.

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