Oregon’s real estate market presents an attractive mix of affordable property prices and solid rental returns. However, many investors still face significant hurdles with conventional lenders due to stringent income verification and high debt-to-income ratios.
In my experience working with investors across various levels, I’ve seen how these challenges can delay growth—especially for those who already manage multiple mortgages. Switching to DSCR financing has made a noticeable difference.
By focusing on a property’s rental income rather than personal earnings, DSCR loans enable investors to secure financing without extensive documentation. This approach has allowed many to expand their portfolios quickly and efficiently, whether they’re targeting short-term rental opportunities or long-term investments.
Get started and apply for an Oregon DSCR loan today—take the next step in your investment journey!
Key Takeaways:
1. With HomeAbroad’s DSCR loan options, you can refinance multiple investment properties, maximizing cash flow and optimizing your portfolio.
2. DSCR loans eliminate the need for extensive documentation like W2s, pay stubs, or tax returns, allowing for quick approval and focusing on the property's cash flow rather than personal financials.
3. DSCR loans allow investors to access property equity through cash-out refinancing, providing funds for new investments without selling existing assets.
Table of Contents
What is a DSCR Loan?
A DSCR (Debt Service Coverage Ratio) loan is designed for both new and seasoned investors, allowing them to qualify based on their property’s rental income rather than personal earnings. Lenders focus on whether the rental income sufficiently covers mortgage payments.
Having worked with a wide range of investors, I’ve seen how DSCR loans simplify financing for those looking to acquire single-family rentals, multifamily properties, or short-term vacation rentals. This approach removes traditional income verification barriers, making it easier to scale a real estate portfolio.
At HomeAbroad, we specialize in DSCR financing tailored to different investment strategies, helping investors secure funding quickly and focus on building profitable properties in high-yield markets like Portland, Eugene, and Bend.
How to Calculate Your DSCR Ratio
If you’re a real estate investor in Oregon, understanding the Debt Service Coverage Ratio (DSCR) is crucial for securing favorable loan terms. The DSCR helps lenders determine if their rental property generates enough income to cover its mortgage payments.
The formula for DSCR is:
Let’s apply the DSCR formula using a real-world example of a rental property in Portland, Oregon.
Example
Calculating the DSCR Ratio for an Oregon Property:
Since the client’s DSCR ratio meets the lender’s requirement of 1.25, the property qualifies for financing under standard loan terms.
However, HomeAbroad offers No Ratio DSCR loans for properties with a DSCR as low as 0.75, allowing investors to secure financing even if rental income doesn’t fully cover mortgage payments. This option may require a larger down payment and higher interest rates to mitigate risk.
Want to calculate your DSCR instantly? Use HomeAbroad’s DSCR calculator to check your DSCR ratio and loan eligibility today without any mathematical hassle!
DSCR Loan Interest 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.
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. For more details on DSCR loans and how they work, visit HomeAbroad’s DSCR loan hub.
How to Qualify for a DSCR Loan in Colorado: The Requirements
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.
| 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 |
⚠ No Ratio DSCR Loans available for properties with DSCR <1, requiring a higher down payment but allowing financing for underperforming or transition properties.
Areas We Lend in Oregon
- Lincoln City
- Seaside
- Rockaway Beach
- Pacific City
- Sunriver
- Bend
- Eugene
- Corvallis
- Springfield
- Portland
Let’s evaluate a case study of our past client to understand how profitable investing in the Oregon real estate market is.
Case Study: Michael Reynolds, a seasoned real estate investor, expands a Rental Portfolio in Oregon
Property Details:
Location: Portland, Oregon
Property Price: $550,000
Monthly Rent: $4,600
Loan Details:
Loan Amount: $440,000
Down Payment: 25%
Monthly PITIA: $3,792
DSCR Calculation:
DSCR Ratio = Gross Rental Income ÷ PITIA
DSCR = $4,600 / $3,792
DSCR = 1.21
Client: Michael Reynolds
Advisor: Steven Glick, Director of Mortgage Sales, HomeAbroad (NMLS# 1231769)
Michael Reynolds, a seasoned real estate investor from Washington, sought to expand his rental portfolio by acquiring a single-family rental property in Portland, Oregon. He aimed to secure a high-yield investment while keeping his personal income separate from his real estate finances.
Michael partnered with Steven Glick, an expert in Debt Service Coverage Ratio (DSCR) loans, to achieve this, who structured a financing solution based entirely on the property’s income potential. This eliminated the need for traditional income verification, allowing Michael to secure financing efficiently.
A DSCR of 1.21 indicates that the rental income exceeds debt obligations by 23%, ensuring a positive cash flow of $808 and strong investment potential.
Why does this matter?
Steven Glick highlights the importance of this financing approach:
Michael’s investment in Portland is a perfect example of how DSCR loans unlock opportunities for seasoned investors. By structuring his loan around the property’s 1.21 DSCR, we ensured a seamless approval process, positive cash flow, and a scalable investment strategy—all without relying on his personal income.
Steven Glick, Director of Mortgage Sales, HomeAbroad
This case highlights how DSCR loans empower real estate investors to scale efficiently, bypassing traditional income verification hurdles. With the right expertise and a tailored financing strategy, Michael successfully entered one of Oregon’s most promising rental markets, ensuring a profitable and sustainable investment.
Top Places to Invest in Oregon with a DSCR Loan
Oregon offers a dynamic real estate market with strong rental demand, making it a compelling investment opportunity. With an average home price of around $450,000—moderately above the national average—investors can benefit from steady property appreciation and robust rental income.
Thanks to top universities and thriving industries, cities like Portland, Eugene, and Corvallis attract long-term demand from students and professionals. Meanwhile, Bend, the Oregon Coast, and Hood River flourish with tourism, providing excellent short-term rental potential.
With Oregon’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 |
|---|---|---|
Lincoln City | Long-Term | 10.9% |
Seaside | Long-Term | 9.5% |
Rockaway Beach | Short-Term | 8.8% |
Pacific City | Short-Term | 8.1% |
Sunriver | Short-Term | 11.3% |
Get a HomeAbroad DSCR loan in Oregon
HomeAbroad makes real estate investing seamless for both U.S. and international buyers by offering tailored DSCR loans that don’t require personal income verification. Whether you’re looking at short-term rentals in Portland, multifamily properties in Eugene, or single-family homes in Bend, our flexible financing options help you expand your portfolio with ease.
With access to foreign national mortgages, an AI-powered property search, and a network of 500+ expert agents, we simplify the entire investment process. Our concierge services also assist with LLC formation, U.S. bank accounts, insurance, and property management, ensuring a smooth experience from start to finish.
Oregon’s real estate market is thriving, offering investors strong rental demand and high cash-flow potential. Apply now for a DSCR loan with HomeAbroad and secure your next investment property.
FAQs
Can foreign nationals apply for DSCR loans in Oregon?
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.
Can self-employed borrowers apply for a DSCR loan in Oregon?
Yes, DSCR loans are ideal for self-employed borrowers who may not have consistent personal income or tax returns. The loan qualification is based on the property’s income rather than the borrower’s personal financial history.
How long does it take to get a DSCR loan in Oregon?
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.
Airdna: Rental Data
Zillow: Home Prices
How Does HomeAbroad Help?
"Unlocking US real estate for the international buyers with our tailored products."
US Newcomer Mortgages
Global Investor Mortgages 
DSCR Loans
Real Estate Agents 
