Oklahoma DSCR Loans for STR Financing
Grow Your Portfolio with DSCR Loans
Whether you're financing STRs in Tulsa, long-term rentals in Oklahoma City, or duplexes in Norman, our DSCR loans
offer Oklahoma real estate investors a fast and flexible path to portfolio growth. DSCR loans qualify you based on rental income—not your personal income or employment history. We look at the asset’s cash flow to determine loan eligibility. Oklahoma’s steady demand and lower price points make it attractive for investors seeking solid cash flow and long-term returns. With DSCR financing, you can skip traditional loan hurdles and qualify based on property performance, helping you scale with confidence and speed.
How to qualify
To obtain a quote, we will need the following information:
Property Value and
Purchase Price
Down Payment
Amount
Credit Score
Asset Types
- Single Family Homes
- Townhomes
- Condos
- 2 - 4 Units (Duplex, Triplex, Quadplex)
- Multi-Family: 5 - 8 Units
- Mixed-Use: 2 - 8 Units
- Multi-Family: 9+ Unit
Loan Terms
- Loan Sizes:
$100k up to $3.5 Million (Larger loan sizes available on a case by case basis)
- Purchase LTV:
Up to 85%
- Rate & Term Refinance LTV:
Up to 80%
- Cash Out Refinance LTV:
Up to 80%
- Amortization:
30 Year % 40 Year Amortization Options Available
- Term Lengths:
5/6 ARMs, 7/6 ARMs, 10 Year Interest Only, 30 Year Fixed & 40 Year Fixed
- Floor Rate:
5.50% (subject to change daily due to market volatility)
- Full Recourse
with personal guarantee required for all borrowers with majority ownership (typically 20%+ or 25%+ if closing in an Entity)
- DSCR Requirement: 1.00x or greater depending on loan size and property type. Sub-1.00x DSCR and NO DSCR options available.
- Vesting:
Lending to Individuals, LLCs, and Corporations. Trusts Allowable on a Case by Case Basis.
- Average Time to Close:
14 to 35 days
Wondering if you qualify for investment property financing in your area?
We offer lending services in all 50 states!
Frequently Asked Questions
What is a DSCR loan and how does it work for Oklahoma real estate investors?
A DSCR loan (Debt Service Coverage Ratio loan) is a type of asset-based financing that qualifies borrowers based on the income generated by the rental property—not their personal income, credit score, or tax returns. Lenders assess whether the property’s income is enough to cover loan payments and related expenses. This makes DSCR loans a powerful tool for portfolio growth. In Oklahoma, where markets like Oklahoma City, Tulsa, and Norman offer strong rental demand and attractive pricing, DSCR loans provide a simplified route to expansion without the traditional red tape.
How is DSCR calculated in a typical loan scenario for Oklahoma investors?
Oklahoma investors calculate DSCR by dividing the property’s net operating income (NOI) by its annual debt obligations. For instance, if a rental in Oklahoma earns $84,000 in NOI and the total debt service is $70,000, the DSCR would be 1.20. That means the income exceeds the debt by 20%, which improves financing odds. Most Oklahoma lenders require a minimum DSCR of 1.00, though stronger ratios—especially in areas like Oklahoma City, Tulsa, and Norman—can lead to better loan terms. Understanding DSCR in Oklahoma helps investors evaluate properties more accurately and make informed financing decisions.
What is considered a good DSCR ratio when applying for financing?
In Oklahoma, a good DSCR ratio typically starts at 1.20. Though many lenders accept a 1.00 ratio, stronger DSCRs give you a better position when negotiating terms. A 1.20 DSCR in Oklahoma indicates that the property generates 20% more income than required to cover loan obligations. That’s especially helpful in markets like Oklahoma City, Tulsa, or Norman, where rental income can vary. Understanding DSCR guidelines in Oklahoma helps investors identify well-performing properties and secure loans with more favorable terms and less friction.
Can I qualify for a DSCR loan if my personal income is limited?
Yes, you can qualify for a DSCR loan even if your personal income is limited. DSCR loans, often referred to as Airbnb loans when used for short-term rental properties, are designed to approve borrowers based on the income the property generates—not personal W-2s, tax returns, or debt-to-income ratios. Lenders calculate the property's debt service coverage ratio to determine if the income is sufficient to support the loan. As long as the DSCR meets the required threshold—usually 1.00 or higher—you can often be approved regardless of personal income. This makes Airbnb loans ideal for self-employed investors, business owners, or anyone scaling a rental portfolio without relying on traditional underwriting standards.
How does a lender evaluate rental income when approving a DSCR loan?
In Oklahoma, DSCR loans are approved based on the property’s ability to produce reliable rental income. Oklahoma lenders typically analyze lease agreements, short-term rental history, or rent studies to verify cash flow. They calculate the DSCR by dividing the property’s net operating income by its annual debt service. As long as the DSCR meets the required minimum—often 1.00—Oklahoma investors may qualify without submitting W-2s or tax returns. DSCR loans in Oklahoma support fast-growing investor portfolios. Understanding how rental income is evaluated in Oklahoma helps you plan acquisitions based on the property’s performance, not your personal income.
What’s the minimum debt service coverage ratio required for approval?
Oklahoma lenders typically require a minimum DSCR of 1.00, confirming that rental income matches the property's annual loan obligations. Some Oklahoma lenders may approve a DSCR as low as 0.75 if other factors—like strong reserves or a low LTV—are present. However, a DSCR of 1.20 or greater is preferred in Oklahoma for faster approvals and better loan terms. DSCR loans in Oklahoma are popular among real estate investors looking to qualify based on asset performance. Understanding how minimum DSCR levels work in Oklahoma helps borrowers position themselves more competitively in the lending process.
Who should consider using a DSCR instead of a traditional loan?
These loans are perfect for self-employed individuals, LLCs, and investors managing multiple properties. Oklahoma borrowers use DSCR loans to qualify based on rental income alone, making them ideal for STRs or long-term holdings in cities like Tulsa or Oklahoma City. DSCR financing in Oklahoma allows for faster closings and less paperwork, giving investors more control over their expansion strategy across Oklahoma markets.
