Longleaf Lending Wisconsin DSCR Loans

DSCR Loans in Wisconsin:
Modern Financing for Investors

Veteran-owned lender, offering investors DSCR Loans in Wisconsin for no-income-verification, hassle-free long-term financing.

Modern, long-term financing solutions

Why Choose Longleaf Lending for Your Wisconsin DSCR Loan Needs

Crafted with savvy Wisconsin investors in mind, our Long-Term DSCR Loans enable wealth building through a diverse portfolio of rental properties. By prioritizing your investment property's rental income and cash flow metrics, we simplify the loan process. As a top DSCR lender, enjoy competitive interest rates starting at 6.5%.

No Income Verification
Our no-income-verification process eliminates traditional barriers, focusing on your investment's cash flow to qualify you for a loan. This DSCR-centered approach ensures a hassle-free experience, catering specifically to real estate investors' unique needs.
Tailored to Investment Goals
Whether you're investing in short-term vacation rentals or long-term leases, our DSCR loans are crafted to align with your strategic investment plans. This versatility ensures that whatever your goals, our financing solutions fit perfectly.
Efficiency and Speed
At Longleaf Lending, we value your time. Our Wisconsin DSCR loan application and approval processes are optimized for efficiency, ensuring quick, smooth progress from your initial application to the final funding.
Adaptive Financing Solutions
Our financing options are as diverse as the properties you invest in. We're committed to offering flexible DSCR solutions that accommodate a wide range of property types and investor profiles.

Fast and simple

How Longleaf Lending's DSCR Loans Work

DSCR (Debt Service Coverage Ratio) loans are a type of financing used by real estate investors that focus on the income generated by the property rather than the personal income of the borrower. Here’s a simplified explanation:

Calculation.
The DSCR is calculated by dividing the property's Net Operating Income (NOI) by its total annual debt payments. NOI reflects the positive cash flow from the property after operating expenses (mortgage payment, taxes, and insurance) are subtracted.
Criteria for approval.
For Wisconsin, we typically require a DSCR greater than 1.0, indicating the investment property generates sufficient cash flow to cover its debt obligations. A common threshold is a DSCR of 1.0 to 1.2 or higher, but it is possible to go lower.
No personal income verification.
The approval process emphasizes the property’s cash flow potential, not the borrower's personal financial situation, allowing for more accessible financing for investors.
Craftsman house

DSCR Loan Terms

Get the financing you need to build wealth with real estate in Wisconsin using our DSCR long-term 30-year investor loans.

Terms current as of April 25, 2024

Long Term Rental Loan
Loan Value:
$75,000-$2,000,000
LTV:
Up to 80% (as is)
Interest Rate:
Starting at 6.5%
Points:
2-3
Term:
30 years
Closing Time:
As fast as 2 weeks
FICO:
600 minimum

DSCR Loan Requirements Simplified

Understand DSCR Loan Wisconsin Requirements

Securing a DSCR Loan in Wisconsin involves a focused evaluation of your experience, liquidity, credit score, and investment property's income potential. Here's a summary of the current requirements you should know before applying for a DSCR Loan in Wisconsin:

DSCR Calculation:
Minimum of 0.65x
Credit Score:
600 minimum
Loan Amount:
$75,000 to $3 million
Investor Experience:
none required
US Citizenship:
not required
Documentation:
Some of the key required documents include personal ID, bank statements, entity documentation if using a company (operating agreement, EIN letter, articles of incorporation), lease agreement (if currently leased), appraisal (requrested by us), and the purchase HUD (if purchased in the last 12 months).
Occupancy:
Short or long-term rentals, vacant or occupied
Property Type:
SFR, 2-4 units, multifamily 5+ units, mixed use, or commercial
DSCR Loan Wisconsin requirements

Designed for Wisconsin investors

Build wealth through real estate with our DSCR Loans in Wisconsin

Wisconsin's Real Estate Potential: Ideal for 30-Year Rental and Long-Term DSCR Loans

Wisconsin long term rental property loans

Wisconsin's real estate market presents a unique blend of urban growth and rural charm, offering a broad spectrum of investment opportunities for real estate investors. From the vibrant city life of Milwaukee and Madison to the peaceful, scenic landscapes of the Northwoods, Wisconsin boasts a stable rental demand, driven by its diverse economy, thriving education system, and robust manufacturing sector. DSCR loans in Wisconsin stand as a pivotal financing option for investors looking to tap into this varied market.

Why DSCR Loans Are Optimal for Wisconsin's Real Estate Market

DSCR loans are particularly advantageous in Wisconsin for several reasons:
  • Economic Diversity: Wisconsin's economy is a mix of manufacturing, healthcare, and education, underpinning a steady demand for rental properties across the state.
  • Affordable Entry Points: Compared to coastal states, Wisconsin offers more affordable real estate investment opportunities, allowing for a lower entry barrier and the potential for higher yields.
  • Simplified Loan Process: The no income verification feature of DSCR loans simplifies the borrowing process, making it faster and more efficient for investors to secure financing.

Strategic Advantages of Investing in SFR Properties in Wisconsin

The SFR market in Wisconsin is ripe with potential, thanks to the state's quality of life, strong job market, and educational institutions. These factors contribute to a high demand for rental homes, providing a solid foundation for investors:
  • High Occupancy Rates: The consistent demand for rental homes ensures high occupancy rates, offering a stable income stream for investors.
  • Growth Potential: With its balanced economy, Wisconsin's real estate market has room for growth, providing opportunities for capital appreciation in addition to rental income.

Leveraging Wisconsin DSCR Loans for Real Estate Success

DSCR loans in Wisconsin offer a flexible and efficient path for real estate investors to finance their ventures. By prioritizing the income-generating potential of the property over personal financial history, these loans provide a valuable tool for:
  • Expanding Portfolios: Investors can leverage DSCR loans to add more properties to their portfolios, taking advantage of the diverse real estate landscape in Wisconsin.
  • Quick Market Entry: The streamlined application and approval process of DSCR loans allow investors to quickly seize market opportunities as they arise.
In conclusion, DSCR loans in Wisconsin provide a strategic financing solution for real estate investors aiming to exploit the state's robust and diverse market. Whether targeting urban or rural properties, these loans offer the agility, efficiency, and financial leverage needed to achieve investment success in the Badger State.

Wisconsin DSCR Loan frequently asked questions

How is DSCR Calculated in Wisconsin?

How is DSCR calculated in Wisconsin?

In Wisconsin, the Debt Service Coverage Ration (DSCR) is calculated by dividing a property's rental income by it's expenses. In some cases another method could be used which involves dividing Net Operating Income (NOI) by the Debt Service.

Income: For simplicty purposes, you can think about the top line as the annual rental income for your investment property. In some cases a 90% factor might be applied.

Expenses: There are four main components of the expenses.

  • Principal and Interest
  • Taxes
  • Insurance
  • HOA fees

Here's an example so you can see exactly how DSCR is calculated. To keep things easy, we are assuming there is no principal payment, which you might expect with an interest only period. To learn more about how DSCR loans work, check out our detailed article.

How is DSCR calculated in Wisconsin?

About the Longleaf Lending Team

Longleaf Lending is a veteran-owned, direct lending firm with a deep focus on the real estate market. Established in Texas, we bring over two decades of combined experience in real estate, hard money lending, and investment banking.

Funding Experience

Since 2018, we have funded over 600 hard money loans, totaling more than $125 million in loan value.

Expert Leadership

Our leadership includes co-founders Pete Underwood and Matt Weidert, who bring extensive experience from real estate investment, investment banking, and military service.

Commitment to Innovation

We are committed to providing innovative real estate solutions, with a strong focus on integrity and professionalism as a member of the American Association of Private Lenders.

For more about our journey and the dedicated team behind Longleaf Lending, visit our full About Us page.

Explore other Wisconsin DSCR markets

Submit your Wisconsin loan request today

Start your DSCR Loan funding today

Ready to propel your Wisconsin rental project forward? Our simple loan request process is designed to get you the funding you need quickly and efficiently.

How the DSCR funding process works with Longleaf Lending

Submit our Online Form

Begin by filling out our short form. It's straightforward and only takes a minute. Provide us with some basic information about you and your project.

Get a Term Sheet in less than 24 Hours

After submitting your form, you'll receive a detailed term sheet from us within 24 hours. This term sheet will outline the terms of your loan and give you the confidence to proceed with your project.

Get Funded

Experience fast and straightforward funding. At Longleaf Lending, you'll work directly with our team throughout the entire process, from application to funding.

Applying does not affect your credit score

Apply for a Wisconsin DSCR Loan in 60 Seconds

Begin the funding process by completing our short online form.