Wyoming DSCR Loans for STR Financing
Grow Your Portfolio with DSCR Loans
Whether you're financing STRs in Jackson, cabins near Yellowstone, or long-term rentals in Cheyenne, our DSCR loans
provide Wyoming investors with competitive rates and flexible terms. These loans are based on rental income from the property—not your personal financials. We assess the asset’s ability to generate cash flow and support the loan obligations. Wyoming’s strong tourism and low inventory make it ideal for cash-flow-driven investments. DSCR loans help you grow your portfolio faster by cutting out personal income verification and focusing on what really matters—the performance of your property.
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 Wyoming real estate investors?
A DSCR loan (Debt Service Coverage Ratio loan) allows real estate investors to qualify based on the income generated by a rental property instead of personal tax returns, W-2s, or employment documentation. Lenders evaluate whether the asset can fully support its own loan payments through rental cash flow. This approach is ideal for self-employed investors and those operating under LLCs. In Wyoming, where investors target STRs and cabins in places like Jackson, Cheyenne, and near Yellowstone, DSCR loans offer flexible financing in markets with seasonal income and strong demand.
How is DSCR calculated in a typical loan scenario?
Wyoming investors calculate DSCR by dividing a rental property’s net operating income (NOI) by its total annual debt service. For example, if a Wyoming rental brings in $84,000 in NOI and the debt service is $70,000, the DSCR would be 1.20. That means the income exceeds the loan costs by 20%, making the investment more attractive to lenders. Most Wyoming lenders accept a minimum DSCR of 1.00, but higher ratios are favored—especially in areas like Cheyenne, Jackson, and Casper. Understanding DSCR in Wyoming is essential for evaluating rental performance and qualifying for scalable real estate financing.
What is considered a good DSCR ratio when applying for financing?
Wyoming lenders generally look for a DSCR of 1.20 or higher to approve real estate loans. While 1.00 may be the minimum for eligibility, a 1.20 ratio shows that the property produces more income than needed to service the debt—making your deal more attractive. In markets like Cheyenne, Casper, and Jackson, aiming for a strong DSCR helps Wyoming investors secure more flexible financing and build a stable, income-generating portfolio. Understanding these benchmarks is key to smart investing in Wyoming.
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?
Wyoming lenders determine DSCR loan eligibility based on the rental income produced by the property itself—not the borrower’s financial records. In Wyoming, income can be verified through leases, rent appraisals, or STR earnings reports. The DSCR is calculated by dividing the net income by the property’s debt service. A ratio of 1.00 or higher is usually required by lenders in Wyoming. DSCR loans in Wyoming are ideal for investors who want to qualify through property cash flow. Understanding how rental income is evaluated in Wyoming helps you move forward with minimal documentation and maximum efficiency.
What’s the minimum debt service coverage ratio required for approval?
Lenders in Wyoming usually require a minimum DSCR of 1.00, showing that the property’s income fully supports its debt service. Some Wyoming lenders will accept a DSCR of 0.75 for low-risk deals with well-qualified borrowers. A DSCR of 1.20 or more is preferred in Wyoming to secure better interest rates and lower reserve requirements. DSCR loans in Wyoming are commonly used for vacation or long-term rental investments. Understanding Wyoming’s DSCR minimum guidelines allows investors to prepare complete, compelling loan applications tailored to lender criteria.
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. Wyoming borrowers prefer DSCR loans for their simplicity, using rental income to qualify instead of traditional financials. In markets like Cheyenne or Jackson, Wyoming investors move quickly with fewer documentation hurdles. DSCR financing in Wyoming helps streamline the path to real estate growth.
