Massachusetts remains one of the most resilient rental markets in the US, with sustained global demand across metros like Boston, Cambridge, Worcester, and Lowell. Education, healthcare, and biotech employment create a renter base that stays active year after year, even as ownership costs rise.
For international real estate investors, the obstacle usually isn’t finding a property. It’s accessing financing that doesn’t depend on US tax returns, US income, or a long-established US credit profile, especially in a higher-cost state like Massachusetts.
That’s where HomeAbroad DSCR loans come in. We qualify investors primarily on the property’s rental income, not personal income. Our DSCR underwriting for Massachusetts accounts for local realities such as higher property taxes, condo and HOA rules, insurance costs, and rent dynamics that directly influence DSCR outcomes.
DSCR Loan Massachussets Snapshot
No US Credit History
US Income and Credit History Not Required
Minimum Down Payment
25%
Maximum Loan Amount
$10M
Fast Track Closing
27 Days
DSCR Loan Massachusetts Program Terms
Feature
HomeAbroad DSCR Loan
DSCR Ratio
Best terms typically apply at DSCR ≥ 1.0. If DSCR is below 1.0, the loan may still be eligible with a higher down payment. Our No-Ratio DSCR option (DSCR 0 to 1) can support foreign national investors buying properties with clear income upside, even when the property’s rent does not fully cover the monthly payment.
US Credit Score
Not required for foreign nationals
Loan Amount
$100K – $10M
Down Payment
25%
LTV
Up to 75% (Purchase) Up to 75% (Rate and Term Refi) Up to 70% (Cash-Out Refi)
Cash Reserves
6 months
Table of Contents
How DSCR is Calculated?
DSCR underwriting starts with a simple formula:
What counts as “Gross Rental Income” for DSCR Underwriting
Market rent supported by the appraisal rent schedule (commonly used for 1 to 4-unit rentals)
Executed lease rent, when acceptable to the lender and consistent with market support
What is included in PITIA
Principal
Interest
Taxes (Massachusetts property taxes and applicable assessments)
Insurance (including wildfire-related costs where relevant)
Association dues (HOA), if applicable)
Example
Calculating the DSCR Ratio for a Massachusetts Property:
Director of Mortgage Sales, HomeAbroad | NMLS# 1231769
“For international investors, this type of DSCR is meaningful because it proves the property can stand on its own. It shows the rent isn’t just clearing the payment, it’s leaving room for normal operating changes like taxes, insurance renewals, or brief vacancies without stressing the cash flow.”
A DSCR of 1.25 means the property’s rent comfortably exceeds its monthly ownership costs, producing $370 in positive monthly cash flow and making it well-suited for DSCR financing. You can verify your own scenario using our DSCR Ratio Calculator.
However, not all properties will meet this threshold, so we also offer our No-Ratio DSCR Program for properties with a DSCR between 0 and 1. This option allows investors to still qualify for financing, but it comes with a slightly larger down payment (a 5% hit to LTV) and higher interest rates. This program focuses less on rental income and more on other factors, giving investors with strong long-term plans the opportunity to secure financing.
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Valid Passport
Current passport from your home country
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Proof of Funds
Bank statements showing down payment + 6 months reserves
Benefits of DSCR Loans in Massachusetts
DSCR loans offer several advantages for foreign nationals investing in Massachusetts:
Qualification Based on Rental Income, Not Personal Income Documentation
At HomeAbroad, we do not rely on US W2s, US paystubs, or US tax returns to qualify a foreign national DSCR loan. We qualify you primarily on the property’s rental income profile and the strength of your overall file.
Faster Closing Times
DSCR loans can move quickly when the property, rent support, and documentation are straightforward. Appraisal and rent schedule timing still matters, especially in competitive Massachusetts markets. At HomeAbroad, we can close your deal in as less as 27 days.
Scale Your Portfolio Faster
International real estate investors like DSCR lending because it creates a repeatable qualification approach across multiple properties. When you understand how rent, PITIA, and reserves will be evaluated, it becomes easier to screen deals before you write offers.
Foreign National Friendly
DSCR loan is one of the best mortgage options for foreign nationals, who often face friction with conventional underwriting. DSCR lending is commonly used to reduce that friction because the property performance drives the qualification logic.
How HomeAbroad Helped a German Investor Get a DSCR Loan in Massachusetts
Lukas Schneider, a real estate investor from Germany, chose to purchase a long-term rental property in Worcester after spending time in the area visiting family members who live nearby. That familiarity with the neighborhood and local rental demand gave him confidence in the market.
Lukas worked with HomeAbroad to finance the purchase using a DSCR loan. Instead of focusing on his personal income or credit profile, the loan was underwritten based on the property’s rental income and total ownership costs.
Director of Mortgage Sales, HomeAbroad | NMLS# 1231769
“Lukas’ case shows how DSCR lending allows foreign nationals to participate in competitive US markets without forcing them into domestic income or credit frameworks. By underwriting the property’s income and expenses directly, we were able to structure terms that aligned with both the asset and the investor’s profile.”
With a DSCR of 1.27, the property comfortably supported the loan and generated approximately $670 in positive monthly cash flow, allowing Lukas to close in under 30 days without relying on US income, employment, or credit history.
Massachusetts Rental Market Overview
Massachusetts continues to offer a balanced rental environment by US standards, where property prices and rental income tend to align more naturally than in higher-cost coastal states. This balance gives investors more flexibility to structure DSCR-backed deals around sustainable rent rather than tight margins.
As per our data, the key market statistics for 2025 are:
Median gross rent in Massachusetts: approximately $2,995/month
Median value of housing units: around $636,412
Median selected monthly owner costs with a mortgage: $2,659
Owner-occupied housing unit rate: 62.4%
Where We Lend DSCR Loans in Massachusetts
HomeAbroad offers DSCR loans across Massachusetts, providing tailored support for investors in top-performing cities, including Somerset, Worcester, Springfield, and more.
Here are a few cities in Massachusetts where we offer DSCR Loans.
Harwich
New Bedford
Somerset
Worcester
Springfield
Boston
Cambridge
Lowell
Fitchburg
Chicopee
Brockton
Holyoke
Easthampton
Northampton
Pittsfield
Top Places to Invest in Massachusetts with a DSCR Loan
Massachusetts remains a strong choice for international real estate investors, thanks to its robust economy, high rental demand, and diverse communities. From bustling urban areas to charming suburban towns, the state offers opportunities for both long-term and short-term rental investments.
Here are some of the top-performing cities in Massachusetts to consider for your DSCR loan investment:
The investment properties shown below are pulled from the HomeAbroad property-search platform and can change daily. Review each listing’s rent assumptions, cash flow, and DSCR inputs before you underwrite an offer.
City
Rental Type
Rental Yield
Harwich
Short-Term
15.3%
New Bedford
Short-Term
9.8%
Springfield
Long-Term
7.7%
Worcester
Long-Term
6%
Somerset
Long-Term
5.9%
Harwich: Seasonal STR Market with Strong Tourism Demand
Harwich benefits from Cape Cod’s steady summer tourism, with high occupancy and premium nightly rates driven by beach access and proximity to major attractions.
Median Home Price: $722,029
Average Rent: $2,550/month
What this means for investors: Well-located properties can generate strong seasonal cash flow, and DSCR loans allow foreign nationals to finance these rentals based on income performance rather than US credit history.
Investment Properties Listed Today on Sale in Harwich
New Bedford: Waterfront STR Market with Growing Appeal
New Bedford benefits from tourism, maritime heritage, and ongoing waterfront revitalization, which support consistent short-term rental demand throughout the year.
Median Home Price: $423,136
Average Rent: $1,800/month
What this means for investors: Compared to other coastal Massachusetts towns, New Bedford offers a lower entry point while still delivering solid rental income, making it a practical DSCR play for foreign nationals qualifying based on rent rather than US credit history.
Investment Properties Listed Today on Sale in New Bedford
Springfield: Affordable Long-Term Rental Market with Stable Demand
Springfield serves as the economic center of the Pioneer Valley, with steady tenant demand supported by healthcare systems, universities, government offices, and manufacturing employers.
Median Home Price: $287,643
Average Rent: $1,869
What this means for investors: Lower home prices paired with consistent long-term renters make Springfield a strong DSCR market, where properties can qualify cleanly based on rent while supporting predictable cash flow and portfolio-friendly scaling.
Investment Properties Listed Today on Sale in Springfield
Worcester: Stable Long-Term Rental Market with Broad Tenant Demand
Worcester is Massachusetts’ second-largest city, supported by healthcare systems, universities, technology employers, and manufacturing, which together create consistent, year-round rental demand.
Median Home Price: $420,002
Average Rent: $2,112/month
What this means for investors: Compared to Boston, Worcester offers a more accessible entry point while maintaining low vacancy and stable rents, making it well-suited for DSCR loans where qualification is driven by predictable long-term rental income rather than personal credit history.
Investment Properties Listed Today on Sale in Worcester
Somerset: Coastal Long-Term Rental Market with Consistent Demand
Somerset offers a quieter coastal setting with steady long-term renter demand, supported by proximity to Providence and regional employment hubs.
Median Home Price: $487,601
Average Rent: $2,400
What this means for investors: Somerset works well for buy-and-hold strategies where stable leases and moderate entry prices support predictable cash flow and clean DSCR qualification without relying on short-term rental volatility.
Investment Properties Listed Today on Sale in Somerset
Massachusetts Specific DSCR Underwriting Factors that Investors Overlook
Location-Sensitive Reviews
Massachusetts allows foreign nationals to own property, but acquisitions near strategic sites, including Joint Base Cape Cod, may trigger additional federal review under expanded CFIUS authority. Properties within defined proximity zones can face extended timelines or mitigation requirements. We’ve seen closings delayed simply because proximity diligence was done too late.
State Estate Tax vs Federal Rules
Massachusetts increased its estate-tax exemption to $2 million, reducing the cliff effect, but estates above that threshold are still taxed at rates up to 16%. For foreign investors, aligning ownership structures with both state and federal regimes at acquisition can materially affect long-term returns.
Highly Fragmented Rental Regulations
Short-term rental rules vary by city, from registration frameworks in Boston to caps or bans in Cambridge and Brookline. We consistently advise validating the rental model against municipal rules before relying on projected income for DSCR qualification.
Strategic & Future Considerations for Foreign Nationals Investing in Massachusetts
Massachusetts remains one of the most institutionally resilient real estate markets in the US, anchored by education, healthcare, technology, and government-adjacent employment. For foreign nationals, the opportunity is real, but long-term success depends on aligning strategy with how the state is evolving, not just where it has been.
Here’s what global investors must consider when evaluating future-oriented opportunities across the state.
1. Education and Healthcare as Long-Term Demand Anchors
Markets tied to universities and hospital systems continue to outperform on occupancy stability. Boston, Cambridge, Worcester, and Springfield benefit from year-round tenant demand driven by students, faculty, medical professionals, and research staff. From our experience, properties near these anchors tend to support DSCR performance more consistently across economic cycles.
Director of Mortgage Sales, HomeAbroad | NMLS# 1231769
“For foreign nationals investing in Massachusetts, we usually recommend prioritizing properties near institutional demand drivers like hospitals, universities, or commuter rail lines. In our experience, those locations maintain occupancy even when rents flatten, which protects DSCR ratios and makes refinancing or scaling easier later.”
2. Shift Toward Secondary and Commuter Markets
As pricing pressure remains high in core Boston, foreign investors are increasingly targeting secondary cities and commuter corridors where entry prices are more manageable but rent demand remains strong. Cities connected by rail or major highways are seeing growing interest as remote and hybrid work persists.
3. Infrastructure and Transit Investment
Ongoing rail and transit projects are changing how renters choose where to live. Improved connectivity is expanding viable rental zones beyond traditional urban cores, creating opportunities for investors who underwrite with a longer time horizon.
Massachusetts DSCR Loan FAQs
Can foreign nationals apply for a DSCR loan in Massachusetts without US credit history?
Yes. HomeAbroad offers DSCR loans in Oregon for foreign nationals, qualifying the loan based on the property’s rental income rather than US income, tax returns, or credit history.
What are the interest rates for DSCR loans in Massachusetts ?
DSCR loan interest rates vary based on market conditions, borrower profiles, and property type, but are typically higher than conventional loan rates. However, HomeAbroad offers competitive rates that enable investors to leverage property cash flow to achieve better returns.
Can I buy a Massachusetts investment property through an LLC?
Yes. DSCR loans can be structured under a US-based LLC. HomeAbroad assists foreign nationals with LLC formation and ownership structuring to ensure the setup aligns with portfolio planning.
How long does it take to get a DSCR loan in Massachusetts?
At HomeAbroad, we streamline the application process to ensure a smooth experience from loan application to closing. We guarantee that the closing will happen within 30 days.
About the author:
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.
* Scenario-based rate shown for illustrative purposes. Reflects current pricing available to qualified borrowers with strong credit, low loan-to-value, qualifying DSCR, and selected loan terms. Actual rates vary by borrower, property, and market conditions. Not a commitment to lend. Foreign national DSCR pricing may differ from U.S. borrower programs.
Massachusetts Investment Properties On Sale
Build wealth with HomeAbroad DSCR loans across Massachusetts’ top markets.
Our streamlined digital process gets you from application to funding faster than traditional lenders.
1
Get Pre-Qualified
Submit a quick online application. No credit pull required for initial quote.
⏱ 5 minutes
2
Submit Documents
Upload property details, lease agreements, and basic ID verification.
⏱ Same day
3
Property Appraisal
We order an appraisal and a rent schedule to confirm DSCR qualification.
⏱ 5–7 days
4
Close & Fund
Sign closing documents and receive your funds. Remote closing available.
⏱ 27 days total
Why Investors Choose HomeAbroad
DSCR Loan Experts
We focus on DSCR investor loans. Expect clear cash flow math, rent documentation, and underwriting that reflects how rental properties are evaluated.
Foreign National Mortgage Experts
No US credit? No problem. At HomeAbroad, our expert loan officers can still qualify you for a DSCR loan. We do not rely on US income or tax returns to underwrite your loan.
AI-Powered Property Search Platform
Our investment property search helps you shortlist rentals that fit DSCR qualification. Screen for rent strength, yield, and investor criteria before you write the offer.
End-to-End Support
We keep the process moving, from LLC formation to bank accounts, insurance to property management. Everything is handled by us so you can focus on growing your portfolio.
Why Choose Us
Built for Foreign Real Estate Investors
HomeAbroad is a one-stop shop for global investors, from finding properties to securing financing, setting up your LLC, opening a US bank account, and managing your portfolio.
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Foreign National Mortgage Experts
No US credit history, income, or residency required. We've helped thousands of international real estate investors finance Massachusetts real estate.
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AI–Powered Property Search
Our investment property search platform helps you discover high-yield rentals across Massachusetts using smart algorithms.
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Fast Digital Process
Close in as fast as 27 days with our streamlined application, remote notarization [remote closing], and digital document signing.
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500+ Expert Agents
Work with our network of experienced real estate agents who specialize in investment properties across Massachusetts.
Ready to Get Started?
Get your personalized rate quote in minutes. No credit pull, no obligation.
48
States We Lend In
27 Days
Average Close Time
500+
Partner Real Estate Agents
4.9 Star
Customer Rating
What Foreign Investors Say About Us
Real reviews from international investors who closed with HomeAbroad
★★★★★
“Quick response, reliable & trustworthy. HomeAbroad helped me find the perfect agent & purchase my investment property in Katy, TX. Would definitely recommend!”
RM
Rashmi Mayekar
Non-US Resident Investor • Property
★★★★★
“HomeAbroad was a game-changer! They helped me get mortgage financing and find an agent who understood my needs. I couldn’t be happier with their assistance.”
SP
Steve Papadakis
Newcomer on H1-B Visa
★★★★★
“Awesome experience in working with them. Very patient in understanding my needs as an investor and helped me with the correct loan product for me. I will recommend them and use them again.”
JB
John Bolla
Investor from New York, NY
★★★★★
“Jonet from HomeAbroad answered all my questions regarding specifics for work visa holders to purchase our first investment property in Tampa. Was patient and kind and also connect me with a real estate agent.”
Ok
Okissa
Purchased Investment Property in Tampa.
Pre-qualify for a DSCR Loan as an international investor
No U.S. credit history. No personal income verification. Qualify based on property’s rental income.
