STR DSCR lenders that publish a no-ratio loan option
9 of the 28 direct lenders we track publish a no-ratio option (a loan that can close with no minimum DSCR, even when rent doesn't cover the payment). Each figure links to the lender page it came from, with the date we checked it. Listed alphabetically, not ranked by quality.
- On this list
- 9
- Publish, but don't qualify
- 4
- Not published
- 15
- Checked
- Oct 22–Oct 28, 2026
Lenders
| Lender | No-ratio option | Min DSCR | Min credit score | Max LTV buy | STR income | Verified |
|---|---|---|---|---|---|---|
| A&D MortgageWholesale / correspondent | Yessource · Oct 22, 2026 | Not published | 620source · Oct 22, 2026 | 80%source · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Acra LendingWholesale | Yessource · Oct 22, 2026 | Not published | 640source · Oct 22, 2026 | 75%source · Oct 22, 2026 | 12-month historysource · Oct 22, 2026 | |
| America MortgagesDirect lender and broker (150+ lenders) | Yessource · Oct 22, 2026 | Not published | 680source · Oct 22, 2026 | 80%source · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| Angel Oak Mortgage SolutionsWholesale (via approved mortgage professionals) | Yessource · Oct 22, 2026 | Not published | 680source · Oct 22, 2026 | 85%source · Oct 22, 2026 | Projectionsource · Oct 22, 2026 | |
| Griffin FundingDirect lender (consumer-direct) | Yessource · Oct 22, 2026 | Not published | 620source · Oct 22, 2026 | 85%source · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| HomeAbroadMortgage company (loans made or arranged) | Yessource · Oct 26, 2026 | 0.75source · Oct 26, 2026 | Not published | 75%source · Oct 26, 2026 | Eithersource · Oct 26, 2026 | |
| LendmireMortgage brokerage | Yessource · Oct 22, 2026 | 1.00source · Oct 22, 2026 | 620source · Oct 22, 2026 | 75%source · Oct 22, 2026 | Eithersource · Oct 22, 2026 | |
| LendSure MortgageWholesale | Yessource · Oct 22, 2026 | 0.75source · Oct 22, 2026 | 660source · Oct 22, 2026 | 85%source · Oct 22, 2026 | Eithersource · Oct 28, 2026 | |
| Truss Financial GroupLender/broker | Yessource · Oct 22, 2026 | Not published | 650source · Oct 22, 2026 | Not published | Not published |
A lender is listed only if its own pages publish a no-ratio option (a loan that can close with no minimum DSCR, even when rent doesn't cover the payment). 15 direct lenders don't publish this, so they aren't listed; that doesn't mean they don't offer it. Published maximums and minimums are best cases that usually need strong credit and experience. Confirm current terms with the lender.
The credit score and LTV shown are each lender's program-level published figures; a no-ratio tier can have stricter terms (for example a lower max LTV or a higher credit score) than the same lender's 1.0+ DSCR tier. Check each lender page and confirm with the lender.
Frequently asked questions
What is a no-ratio DSCR loan?
A DSCR loan normally needs the rent to cover the payment by a set ratio (often 1.0 or more). A no-ratio loan drops that minimum: the lender qualifies the property and borrower without requiring any DSCR, often with stricter credit, down payment or reserve rules in exchange.
Which DSCR lenders offer no-ratio loans?
9 of the 28 direct lenders we track publish a no-ratio option: A&D Mortgage, Acra Lending, America Mortgages, Angel Oak Mortgage Solutions, Griffin Funding, HomeAbroad, Lendmire, LendSure Mortgage and Truss Financial Group. Lima One Capital, Logan Finance, New Silver and Newfi Wholesale publish a required minimum DSCR (1.0 or higher) for these loans, which rules a no-ratio loan out. The rest don't say either way, so ask them.
Can I use a no-ratio loan on an Airbnb?
A no-ratio option is published at the program level; not every lender says it applies to short-term rentals, and some set a higher STR minimum DSCR than their general program. Check the STR income column and each lender page, and confirm with the lender before you rely on it.
What credit score do no-ratio lenders need?
Among the 8 lenders on this list that publish a program minimum, it runs 620–680. That is the program floor; a no-ratio tier can need more. See the low-credit-score list for every lender's published minimum.
Related
Other lender lists
- No booking history needed20 lenders
- Accept AirDNA projections10 lenders
- Min credit score 640 or lower8 lenders
- Max purchase LTV 85% or higher5 lenders
- DSCR below 1.0 or no-ratio16 lenders
- Min loan $100K or less17 lenders
- First-time investors allowed10 lenders
- First-time investor, no booking history8 lenders
- Cash-out LTV 75% or higher13 lenders
- No prepayment penalty option5 lenders
- Max loan $3M or more15 lenders
This list by state
- DSCR lenders in Florida3 on this list publish FL coverage
- DSCR lenders in Texas3 on this list publish TX coverage
- DSCR lenders in Georgia3 on this list publish GA coverage
- DSCR lenders in Tennessee3 on this list publish TN coverage
- DSCR lenders in North Carolina2 on this list publish NC coverage
- DSCR lenders in Arizona3 on this list publish AZ coverage
- DSCR lenders in California3 on this list publish CA coverage
- When a lender we track changes a published term (credit score, LTV, DSCR, STR income rules, states), we email you
- Old value, new value and a link to the lender's own page
- No set schedule: we email when there's a change to report. Every change is also on the change log
Free download: the STR DSCR lender cheat sheet (PDF), every direct lender on one printable page. Web version
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Not a lender or broker. No referral fees. For education only. Figures come from each lender's public pages on the date shown and can change without notice, so verify them with the lender. Rates are estimates, not quotes. How we source data.