Park Place Lending LLC — DSCR Loans
Rental Property Cash Out Refi
and Purchase
DSCR loans let real estate investors qualify based on the property's cash flow — no tax returns, no W-2s, no personal income verification required.
Cash Out
Quick Funding
Investment Property Purchase
Cash Out
Quick Funding
Investment Property Purchase
No tax returns required • No income verification • Results in minutes
No Tax Returns
Qualify on property cash flow
Competitive Rates
Contact us for current rates
1–10 Unit Properties
SFR, condos, 2–4 units & more
LLC & Entity Vesting
Close in your business name
No Tax Returns
Qualify on property cash flow
Competitive Rates
Contact us for current rates
1–10 Unit Properties
SFR, condos, 2–4 units & more
LLC & Entity Vesting
Close in your business name
Simple Process
Get funded in 4 easy steps
Our streamlined DSCR process is built for investors who move fast. No W-2s. No personal income docs. Just the property's numbers.
Apply Online
Complete our simple investor application in minutes. No branch visit, no stacks of personal tax documents.
Property Review
We evaluate the property's rental income vs. the debt obligation. If the cash flow qualifies, you qualify.
Fast Approval
Receive your conditional approval quickly. Our investor-focused underwriting moves at the speed of the market.
Close & Scale
Close in your name or LLC. Then repeat — our DSCR program is designed for investors building portfolios.
Why Park Place Lending
Built for investors.
Not W-2 earners.
Traditional lenders make investors jump through hoops designed for salaried employees. Our DSCR program was engineered from the ground up for real estate investors.
No Personal Income Docs
No W-2s, no tax returns, no pay stubs. Qualification is based entirely on the property's rental income vs. its debt service.
Close in an LLC or Entity
Protect your personal assets and simplify your portfolio accounting by vesting title in your business entity.
Scale Your Portfolio Faster
Because we don't count personal income, your DTI doesn't get in the way. Add properties without hitting a debt ceiling.
Investor-Speed Underwriting
Our team understands investment properties. Expect faster decisions and fewer unnecessary conditions.
Rates & Terms
Competitive rates. Investor-friendly terms.
Designed for long-term holds, short-term rentals, and everything in between.
Competitive
Investor Rates
Pricing is based on DSCR ratio, LTV, and credit profile. Contact us for current rates available to qualifying investors.
80%
Max LTV
Finance up to 80% of the property value on purchases and rate/term refinances. Cash-out options available.
1.0x
Min DSCR Ratio
Qualify with a DSCR of 1.0 or above — meaning the property's rent covers its debt service. Below 1.0 options available on select programs.
Rates and terms are subject to change without notice. Contact us for current rates. Not all applicants will qualify.
Eligible Properties
What properties qualify?
Our DSCR program covers a wide range of investment property types — from single-family rentals to small multifamily.
Single-Family
Single-Family Rentals
The most common DSCR property type. Long-term or short-term (Airbnb/VRBO) rental income both accepted on qualifying programs.
Multifamily
2–4 Unit Properties
Duplex, triplex, and fourplex properties. Combined rental income from all units used to calculate DSCR.
Condos & Townhomes
Condos & Townhomes
Warrantable and non-warrantable condos considered. Townhomes and PUD properties also eligible on qualifying programs.
Why Trust Us
The investor's lender.
Park Place Lending LLC specializes in non-QM and investor lending. We speak the language of real estate investing because we live it.
No Personal Income Verification
Qualify entirely on the property's rental income — your personal income is not used for qualification.
LLC & Entity Vesting Available
Close in your LLC, trust, or corporation for asset protection and portfolio management simplicity.
No DTI Cap on Qualifying Programs
Scale your portfolio without your personal debt-to-income ratio becoming a roadblock.
Short-Term Rental Income Accepted
Airbnb and VRBO rental history accepted on qualifying programs — maximize your STR portfolio.
Investor Stories
Real investors. Real portfolios.
See how investors across the country are using Park Place DSCR loans to grow their portfolios.
★★★★★
"I was turned down by two conventional lenders because of my self-employment write-offs. Park Place gave me a conditional approval in days based on the rental income alone. Game changer."
David K.
Dallas, TX — 6-Property Portfolio
★★★★★
"Closing in my LLC was the biggest deal for me. Park Place made it seamless. I've now done three DSCR loans with them and the process keeps getting smoother."
Rachel M.
Nashville, TN — STR Portfolio
★★★★★
"The DSCR program let me add two more properties to my portfolio without touching my personal DTI. It opened a door that conventional lending had closed."
James T.
Atlanta, GA — Buy & Hold Investor
FAQ
Frequently asked questions
Everything investors want to know about DSCR loans — answered.
What does DSCR stand for and how is it calculated?
DSCR stands for Debt Service Coverage Ratio. It is calculated by dividing the property's gross monthly rental income by its total monthly debt obligation (principal, interest, taxes, insurance, and HOA if applicable). A DSCR of 1.0 means the property breaks even; above 1.0 means it generates positive cash flow.
Do I need to show personal income or tax returns?
No. DSCR loans are specifically designed to eliminate the need for personal income documentation. We do not require W-2s, tax returns, pay stubs, or personal income verification of any kind. Qualification is based entirely on the subject property's rental income.
Can I close in an LLC or business entity?
Yes. Our DSCR program allows you to take title in an LLC, corporation, trust, or other business entity. This is one of the most popular features for investors who want asset protection and cleaner portfolio accounting. The entity must be in good standing and the guarantor(s) must meet credit requirements.
What is the minimum DSCR ratio required?
Our standard program requires a minimum DSCR of 1.0, meaning the property's rental income must at least cover its total monthly debt service. Certain programs may allow DSCR below 1.0 for strong-credit borrowers on a case-by-case basis. Not all applicants will qualify. Contact us to discuss your specific scenario.
Are short-term rentals (Airbnb / VRBO) eligible?
Yes, on qualifying programs. Short-term rental income from platforms like Airbnb and VRBO can be used to calculate DSCR using documented rental history (typically 12–24 months of platform statements). Market rent from a 1007 appraisal may also be used for properties without STR history.
How many properties can I finance with DSCR loans?
On our standard DSCR program, there is no set limit on the number of properties you can finance, subject to lender guidelines and underwriting approval. Because qualification is property-based rather than income-based, your personal DTI does not accumulate across properties. This makes DSCR the preferred tool for investors actively building portfolios.
The property qualifies.
Do you have the deal?
Apply online in minutes. No tax returns, no income docs, no runaround. Our investor-focused team is ready to move at your speed.
No tax returns • No income verification • LLC vesting available • Start your application in minutes
HELOC
• Fix & Flip Loans
• DSCR Loans
Equal Housing
Opportunity
Park Place Lending LLC • 9100 Conroy Windermere Road, Suite 200, Windermere, FL 34786 • 407-815-5220
NMLS #2517975 • NMLS #2519791 • NMLS Consumer Access
© 2026 Park Place Lending LLC All rights reserved. Loans are subject to credit approval. Rates and terms are subject to change without notice. Not all applicants will qualify. This is not a commitment to lend. A HELOC is a revolving line of credit secured by your home. Your home is collateral and could be at risk if you fail to make payments. Testimonials reflect individual experiences and may not represent typical results.