Grow Your Rental Portfolio With Income-Based Investor Financing

Real estate investors need financing that understands how rental properties actually perform. Private Mortgage Guarantee LLC offers DSCR loans for investors in Grand Rapids, MI, who want approval based on property cash flow rather than personal income alone. Founder Michael Morse and our locally owned team bring 25 years of mortgage experience to each deal. Get approved today by calling 616-822-3068 for a free quote.

Wooden blocks spelling “DSCR” on a light wood surface

What Is a DSCR Loan?

DSCR stands for debt service coverage ratio. It compares a property's rental income to its debt obligations, such as principal, interest, taxes, and insurance. If the property generates enough income to cover the payment, it may qualify, even if your personal tax returns do not tell the whole story. DSCR loans fall under the non-QM category and are built for investment property.

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Why Investors Choose DSCR Financing

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Less Focus on Personal Income

Traditional underwriting can limit investors who own multiple properties or have complex tax returns. DSCR loans shift attention to the property itself.

Faster Scaling

Because qualification centers on the investment, you may be able to build your portfolio more efficiently, one property at a time.

Flexible Property Strategies

DSCR financing can support long-term rentals and other income-producing residential properties. Eligibility depends on the program, so we confirm the details before you make an offer.

What Lenders Review

Expect a review of the following:

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Expected rental income

Property value

Credit history

Down payment

Cash reserves

Down payments and rates may differ from owner-occupied loans because investment properties carry different risk. We explain every cost clearly so you can calculate your returns with confidence.

Clipboard with yellow sticky note labeled “DSCR,” pen, and calculator on desk

Fast, Convenient Investor Service

Most loans close in about 15 to 20 days, depending on the property and your file. You can complete consultations, applications, and closings by phone, email, text, and online portal, or we can come to you. We offer free quotes and after-hours service, and we speak Spanish.

DSCR Loans for Investors Throughout West Michigan

We help investors in Grand Rapids, Wyoming, Kentwood, Walker, Grandville, Northview, Comstock Park, Forest Hills, Jenison, Cutlerville, Cascade, and Belmont. Our office at 2130 Wealthy St SE in East Grand Rapids, Michigan, is open daily, 8:00 AM to 8:00 PM on weekdays and 9:00 AM to 8:00 PM on weekends.

Hand holding wooden blocks reading “DEBT SERVICE COVERAGE RATIO” on a blue background
DSCR wooden letter tiles on a desk with charts, keyboard, pen, and binder clips

How the Debt Service Coverage Ratio Is Calculated

In simple terms, lenders divide the property's expected monthly rental income by its monthly debt payment. A ratio of 1.0 means the rent roughly equals the payment, and a higher ratio generally signals stronger cash flow. Different programs have different minimums, so we review your numbers early. We can help you estimate rent, compare properties, and decide which deals are worth pursuing.

Purchase or Refinance an Investment Property

DSCR loans can be used to buy a new rental or to refinance an existing one, including cash-out options in some cases. Ask us how a refinance could help you pull equity from one property to fund the next.

House-shaped model with stacked coins and text “Debt Service Coverage Ratio” on a red background
Calculator, “DEBT RATIO” sign on easel, and alarm clock on a desk with flowers.

Questions Investors Ask Most

Investors often ask about prepayment penalties, the number of properties allowed, and whether an LLC can hold title. Terms vary by program, so we explain the details before you commit.

Request a Free DSCR Loan Quote

Call Private Mortgage Guarantee LLC at 616-822-3068 to discuss your next investment. We hold NMLS Company License 2033317 and are ready to help you get approved.