DSCR loans are designed for real estate investors seeking financing based on the rental income and annual debt of the property. This unique loan program evaluates the property’s cash flow instead of relying on your employment history or personal income. Whether you’re purchasing short-term rental properties like condotels on the Las Vegas Strip, traditional rental units in Reno, or self-managed vacation homes in Douglas County, Pacific Home Loans’ DSCR loans in Nevada provide the financial flexibility to achieve your goals.

Unlike traditional loan programs, DSCR loans cater specifically to real estate investors who:

• Depend on rental income rather than personal earnings.
• Aim to finance multiple investment properties, including short-term rental units, simultaneously.
• Prefer a streamlined approval process with fewer income documentation requirements.

By focusing on the property’s performance, including income potential from high-demand properties such as condotels, VRBOs, and Airbnbs, Pacific Home Loans’ DSCR loans simplify the qualification process, empowering investors to secure funding quickly and efficiently.

DSCR loans are particularly well-suited for residential property investors in Nevada, including:

• Investors expanding their rental property portfolios.
• Individuals who do not meet conventional income verification standards.
• Buyers seeking to capitalize on Nevada’s lucrative rental market, including high-yield opportunities with condotels in Las Vegas and short-term rentals in top counties like Clark, Washoe, and Douglas.

Available throughout Nevada, Pacific Home Loans’ DSCR loans offer tailored solutions to meet the needs of property investors across the state.

Pacific Home Loans’ DSCR loans in Nevada are a smart way to get started with rental property investing. These loans provide access to the funding needed to invest in rental properties, including condotels and short-term rentals, without going through the traditional mortgage process.

Key benefits include:

• Potentially faster closing times.
• No income or employment history required.
• Interest-only loan options available.
• Suitable for new and experienced real estate investors.
• Works with both long-term and short-term rental properties, including condotels, Airbnbs, and VRBOs.
• Loan amounts up to $5,000,000.
• Unlimited cash-out refinancing.
• No reserves required on cash-out loans (6 months required for loans with a DSCR of 1 or more).
• Down payments as low as 20% for some loans.

Whether you’re managing traditional long-term rentals or high-yield self-managed nightly rentals like condotels on the Las Vegas Strip, Pacific Home Loans’ DSCR loan programs provide the resources and expertise to help you succeed.

Pacific Home Loans proudly serves the entire state of Nevada, including major real estate hubs like:

• Clark County: Home to Las Vegas, Henderson, and the iconic Las Vegas Strip, known for its high-performing short-term rental and condotel markets.
• Washoe County: Featuring Reno and Sparks, offering diverse investment opportunities for long-term and short-term rentals.
• Douglas County: Known for its serene vacation homes and investment potential near Lake Tahoe.

From the bustling nightlife of Las Vegas to the tranquil landscapes of Lake Tahoe, Pacific Home Loans is here to help you achieve your real estate investment goals in Nevada.

*These products may have a higher interest rate, more points or more fees than other products requiring documentation.

Information and self-help tools are provided for your independent use and are not intended to provide investment advice. We cannot and do not guarantee loan eligibility or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to speak with one of our experienced loan officers for a loan eligibility analysis and custom rate and payment estimate.