San Antonio DSCR Loan Lenders for Long-Term and Short-Term Rentals
Are you seeking long-term private financing for a residential rental property in San Antonio? 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 in San Antonio’s urban areas. Some lenders consider vacation rentals (aka short-term rental or STR). 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 and location. The minimum credit score is 680 for most lenders. The loan terms range from 5 to 30 years.Searching...
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Texas DSCR Loan Interest Rates
According to the loan documents software company, Lightning Docs, the average interest rate for Texas DSCR long-term rental loans in the 4th quarter of 2024 was 7.22%. The average loan amount was $286,630. These stats are the average of 462 loans funded for residential rental properties in Texas between October 1, 2024 and December 31, 2024 by multiple lenders that use Lightning Docs as their preferred software provider to prepare loan documents.
Top Texas DSCR Lenders for Rental Properties
According to SFR Analtyics, here are the top private lending companies that are funding DSCR long-term loans secured by residential rental properties in Texas, along with the approximate loan volume funded. The list ranks each lender by the total loan volume originated throughout Texas from January 2024 to December 2024.
- American Heritage Lending funded over $100,810,000
- Visio Lending funded over $83,620,000
- Renovo Financial funded over $73,680,000
- RCN Capital funded over $49,110,000
- ROC Capital funded over $44,610,000
- Constructive Capital funded over $43,240,000
- Easy Street Capital funded over $32,570,000
- LendingOne funded over $28,290,000
- Dominion Financial funded over $24,190,000
Click the links to view each lender’s profile. The lenders without a link do not have an active Lender Link profile. The loan volume amounts mentioned are approximate. Not every loan has maturity data, so some lender’s volume may be higher than shown.
SFR Analtyics provides advanced analytics for top-performing real estate investors and private lenders. Their platform provides nationwide, real-time property data, including market activity, ownership changes, and detailed buyer behavior insights. With custom dashboards and alerts, users can track active investor and lender activity, access rental market information, and analyze geographic and demographic trends. Their Private Lender Radar product gives lenders deep insights into borrower portfolios, lending activity, and verified contact details. For those needing bulk data, they supply updated daily records, including deeds, rental listings, demographic data, and building permits, to support informed decision-making across the residential real estate market.
Funded DSCR Rental Loans in San Antonio

DSCR Refinance for Two Multi-Unit Residential Properties in Converse, Texas
$838,200
RCN Capital, a national direct private lender, funded a $838,200 1st lien position equity cash-out loan secured by 2 multi-unit residential properties in Converse, a suburb of San Antonio, TX. One property consists of four units, while the other comprises three units, and all were leased. The value of both properties was estimated at $1,524,000 so our loan-to-value was 55%. The total rental income for all 7 units was $10,650 per month. The market rate per the appraiser’s estimate was $10,080. The Sponsor had excellent credit with a mid-score of 793 and bank statements that reflected sufficient funds to meet our reserve requirement. The loan was structured and priced in accordance with the qualification model. The subject properties were in excellent condition and tenant-occupied at closing. The Borrower plans to hold them for a long term. The interest rate was fixed at 7.98% and we charged a 1% origination point. The DSCR (debt service coverage ratio) was 1.15. The loan term was set at 30 years. This DSCR cash-out refinance was funded in October 2023.

RCN Capital, a national direct private lender, funded a $237,250 1st lien position equity cash-out DSCR loan secured by a fourplex in San Antonio, TX. The property value was estimated to be $365,000 so our loan-to-value was 65%. The Borrowers were looking to refinance the subject property. The fourplex was leased for $3,430 per month which was below the appraiser’s estimate ($3,480), and it resulted in a 1.35 DSCR. It was appraised for $365k As-Is, and the collateral desktop analysis (CDA) confirmed the appraised value was acceptable. The Sponsors had mid-scores of 698/700 and bank statements that reflected sufficient liquidity to meet the reserve requirement. The loan was structured and priced in accordance with our qualification model. The subject property was in good condition. It was approximately 2,418 square feet set in a 7,553-square-foot lot. The Borrower plans to continue leasing the property. The fixed interest rate was 8.09% with amortized payments. The loan term was set at 30 years. This equity cash-out DSCR loan was funded in December 2022.