Making informed real estate decisions starts with having the right knowledge. At HomeAbroad, we offer US mortgage products for foreign nationals & investors and have a network of 500+ expert HomeAbroad real estate agents to provide the expertise you need. Our content is written by licensed mortgage experts and seasoned real estate agents who share insights from their experience, helping thousands like you. Our strict editorial process ensures you receive reliable and accurate information.
With a Missouri DSCR (Debt Service Coverage Ratio) loan, investors can secure financing based on their property’s income potential—without relying on personal income verification. Don’t let traditional loan requirements keep you from expanding your real estate portfolio or investing in property.
Tailored for savvy investors and entrepreneurs, DSCR loans provide a streamlined, flexible solution to fuel growth and unlock new investment opportunities in Missouri’s thriving real estate market.
Whether purchasing your first investment property or expanding your portfolio, HomeAbroad’s flexible and investor-friendly DSCR loans provide a hassle-free financing solution.
Apply today with HomeAbroad’s DSCR loans and take the next step toward your real estate investment goals!
Key Takeaways:
➡️ explicitly designed for real estate investors, these loans allow you to qualify based on your property’s rental income rather than personal income verification.
➡️With DSCR loans, you can get competitive interest rates, high loan amounts, and low DSCR requirements.
➡️You can finance single-family homes, multi-units, condos, and short-term rentals like Airbnb with DSCR loans, and there is no limit on the number of properties you can invest, making it ideal for portfolio growth.
Table of Contents
What are DSCR loans?
A DSCR (Debt Service Coverage Ratio) loan is a specialized financing option for real estate investors. It allows qualification based on a property’s income rather than personal earnings.
In Missouri, DSCR loans empower investors to expand their portfolios without the constraints of traditional income verification. With Missouri’s average rental yield around 8%, investors can acquire properties that cover their debt obligations and generate positive cash flow.
Benefits of DSCR Loans:
✅ No Personal Income Verification – Approval is based on rental income, not personal earnings.
✅Qualify with High DTI – Investors can secure financing even with a high debt-to-income ratio.
✅ No W2s, Tax Returns, or Pay Stubs – A streamlined process with minimal paperwork.
✅Flexible Loan Terms– Suitable for properties with low DSCR or no current rental income.
✅Cash-out & Refinance Options – Tap into equity for reinvestment or renovations.
✅ Versatile Property Use – Ideal for single-family, multi-family, and short-term rentals.
The sole criteria for qualifying is that the property must generate enough income to cover its debt service PITIA.
How to Calculate Your DSCR Ratio
The Debt Service Coverage Ratio (DSCR) is a key metric lenders use to determine whether a property’s rental income is sufficient to cover mortgage payments. A higher DSCR indicates strong cash flow, improving your chances of securing better loan terms and interest rates.
DSCR Loan Formula:
HomeAbroad offers a user-friendly DSCR Calculator to simplify your loan eligibility process in Missouri. By entering your key figures, you can quickly calculate your DSCR ratio, helping you understand your financing options.
Example
Calculating the DSCR Ratio for a Missouri Property:
A DSCR of 1.28 means the property generates 1.28 times its debt obligations, indicating positive cash flow. Most lenders require a minimum DSCR of 1.0, but HomeAbroad offers loans for DSCRs as low as 0.75.
For properties with a DSCR below 0.75, we offer “No Ratio DSCR Loans,” giving you access to funding even if your rental income doesn’t fully cover your debt obligations. However, this may involve a larger down payment and slightly higher interest rates.
DSCR Loan Interest Rates
Due to the unique nature of DSCR loans and the associated increased risk for lenders, these rates are typically 1% to 1.5% higher than conventional mortgage rates.
Understanding these rates is crucial for investors as they significantly impact the profitability of investment properties. Before investing, follow our DSCR loan interest rate guide to learn about current DSCR loan interest rates and their influencing factors. For more details on DSCR loans and how they work, visit HomeAbroad’s DSCR loan hub.
How to Qualify for a DSCR Loan in Missouri
At HomeAbroad, we make qualifying for a DSCR Loan simple and flexible, whether you’re a domestic investor or a foreign national. Now, let’s learn about our tailored DSCR loan requirements to provide domestic and foreign investors with flexible financing solutions.
Whether you’re a first-time investor or an experienced buyer expanding your portfolio, our straightforward and efficient qualification process makes securing a DSCR loan easier.
Features
Domestic Investors
Foreign Investors
DSCR Ratio
1 or Higher (No Ratio DSCR Program Available)
>= 1 for best terms, <1 eligible with higher down payment
Credit Score
620 or higher
No US credit history required
Down Payment
20%
25%
Loan-to-Value (LTV)
Up to 80% for purchase/refinance Up to 75% for cash-out refinance
Up to 75% for purchase/refinance Up to 70% for cash-out refinance
Cash Reserves
2 months
6 months
Property Use
Investment properties (residential and commercial)
Investment properties (residential and commercial)
Loan Amount
$75K – $10M
$75K – $10M
Areas We Lend in Missouri
Investing in Missouri’s real estate market offers promising opportunities for high rental yields and property appreciation. Here are some top areas to consider:
Kansas City
St. Louis
Springfield
Columbia
Independence
Lee’s Summit
O’Fallon
St. Joseph
Jefferson City
Blue Springs
Joplin
Florissant
Chesterfield
Cape Girardeau
Wentzville
Let’s evaluate a case study of our past client to understand how profitable investing in the Missouri real estate market is.
Case Study: James Carter, A Self-Employed Investor Secured a DSCR Loan in Missouri
Property Details:
Location: St. Louis, Missouri Property Price:$500,000 Monthly Rent:$5,800
Loan Details:
Loan Amount:$400,000 Down Payment: 25% Monthly PITIA:$4,500
DSCR Calculation:
DSCR Ratio = Gross Rental Income ÷ PITIA DSCR = $5,800 / $4,500 DSCR = 1.29
Client Profile
Investor: James Carter, Real Estate Investor
Location: St. Louis, Missouri
Property Type: 4-Unit Multi-Family Rental
Loan Type: DSCR Loan
The Challenge
A self-employed investor, James wanted to acquire a high-yield rental property but struggled to qualify for a traditional mortgage due to fluctuating income.
The Solution
Rachel Spaccarotelli, Senior Customer Loan Manager at HomeAbroad, recommended a DSCR loan, allowing James to qualify based on property cash flow instead of personal income.
“At HomeAbroad, we empower investors to unlock opportunities by focusing on the true value of their properties. With our innovative DSCR loan solutions, we transform challenges into streamlined financing—ensuring that your investment journey is as rewarding as it is accessible.”
James successfully closed on his investment property without income verification and now enjoys the following: ✅ Positive Cash Flow:$1,300/month ($15,600/year) ✅ Annual Property Appreciation:5% (Estimated $25,000/year) ✅ Equity Growth:Over $40,600/year (Cash Flow + Appreciation + Loan Paydown)
With HomeAbroad’s DSCR loan, James secured a hassle-free investment, generating both monthly income and long-term wealth.
Top Places to Invest in Missouri with DSCR Loan
Missouri offers a strong real estate market with attractive rental yields, making it a prime investment opportunity. With an average home price of around $250,000—well below the national average of $355,328—investors can enter the market at a lower cost while still benefiting from steady property appreciation and rental demand.
Thanks to top universities and growing industries, cities like Kansas City, St. Louis, and Columbia attract long-term demand from students and professionals. Meanwhile, Branson, Lake of the Ozarks, and St. Charles thrive on tourism, creating excellent short-term rental potential.
With Missouri’s solid rental yields and access to DSCR loans, investors can secure properties that cover their mortgage and generate positive cash flow.
City
Rental Type
Rental Yield
Branson
Long-Term
10.4%
Osage Beach
Short-Term
9.7%
Lake Ozark
Short-Term
9.3%
Hollister
Long-Term
9.5%
Kimberling
Short-Term
9.1%
Get a DSCR Loan in Missouri with HomeAbraod
At HomeAbroad, we’re dedicated to simplifying your investment journey in Missouri real estate. As a leading PropTech and FinTech platform, we make it easy for seasoned investors and first-time buyers to secure DSCR loans tailored to their needs.
With HomeAbroad, you benefit from:
Flexible Financing: Our DSCR loans focus on property cash flow, not your property income.
A Robust Network: Connect with over 500 real estate professionals and access specialized foreign national mortgage solutions.
Ready to elevate your real estate portfolio in Missouri? Apply for DSCR loans today and start unlocking your investment potential!
FAQs
Can foreign nationals apply for DSCR loans in Missouri?
Foreign nationals can apply for DSCR loans through HomeAbroad Loans without needing a US credit score, making it a flexible financing option for international investors.
What are the interest rates for DSCR loans?
DSCR loan interest rates vary depending on market conditions, borrower profiles, and property types, but they are typically higher than conventional loan rates. However, HomeAbroad Loans offers competitive rates that allow investors to leverage property cash flow for better returns.
How long does it take to get a DSCR loan in Missouri?
At HomeAbroad Loans, we streamline the application process, ensuring a smooth experience from loan application to closing. We guarantee that the closing will happen within 30 days.
At HomeAbroad, we ensure the reliability of our content by relying on primary sources such as government data, industry reports, firsthand accounts from our network of experts, and interviews with specialists. We also incorporate original research from respected publishers when relevant. Discover more about our commitment to delivering precise and impartial information in our editorial policy.
Steven Glick is the Director of Mortgage Sales at HomeAbroad and has over a decade of experience in the mortgage industry. As a licensed mortgage originator (NMLS# 1231769), Steven brings deep expertise in loan processing, sales operations, and non-traditional mortgages.
US Newcomer Mortgages
Global Investor Mortgages 
DSCR Loans
Real Estate Agents 
