Maryland DSCR Long-Term Rental Lenders
Are you seeking long-term private financing for a residential rental property in Maryland? On this page you'll find a list of lenders that offer these DSCR loans for single family homes, condos, and 2-4 unit rental properties. The maximum loan-to-value is 80%. For a purchase, investors need a minimum down payment of 20%, and it could be higher depending on the debt service coverage ratio (DSCR), borrower’s credit score, location and other factors. These loans require a FICO score over 680. The loan terms range from 5 to 30 years. A few lenders consider vacation rentals (aka short-term rental or STR).
Some DSCR lenders only consider properties located in Southern Maryland but some will consider Northern Maryland. Click the link below if the rental property is in or near Baltimore:
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Funded DSCR Rental Loans in Maryland

DSCR Rental Purchase Loan for Single Family Rental in Laurel, Maryland
$256,014
RCN Capital, a national direct private lender, funded a $256,014 loan for the purchase of a single-family residence in Laurel, Maryland, a mostly residential suburban community conveniently located 20 miles from both Washington D.C. and Baltimore. The purchase price was $365,000. RCN Capital funded 70% of the purchase in 1st lien position and the Borrower contributed a 30% cash down payment at closing. The Borrower was an experienced investor looking to purchase and hold a long-term, cash-flowing rental property. They had an average credit with a mid-score of 688 and bank statements that reflected a balance of $592,962.03 in assets/liquidity. The loan was structured and priced in accordance with RCN’s qualification model. The Appraiser’s estimated combined market rent is $2,325/month, which resulted in a 1.10 DSCR. The fixed interest rate was 6.42% and the loan term was set at 30 years. We charged 3% origination points, and the broker earned a $3,200 commission. The property was in good condition with an approximate square footage of 1,520. It was already tenant-occupied at the time of funding. This DSCR rental property loan was funded in September 2022.
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