Growing rents and strong demand make Bozeman a prime spot for scaling rentals. DSCR (debt service coverage ratio) loans size the loan to the property’s cash flow, enabling faster moves from bridge to permanent financing.

DSCR, Explained in Plain English

DSCR = Gross Rent ÷ PITIA (principal, interest, taxes, insurance, association). A DSCR of 1.00+ is typically workable; stronger DSCRs earn better pricing. Stabilized properties with clear rent support qualify the fastest.

What to Prepare for a Fast DSCR Decision

Lease or appraiser rent schedule, entity documents and IDs, bank statements showing reserves, landlord policy naming lender as mortgagee, and property access for appraisal.

Rate and Term Drivers That Matter

DSCR level, LTV, property type (SFR, 2–4 unit, small multifamily), investor experience, and prepayment option aligned to your hold period.

Common Bozeman Scenarios

Bridge-to-DSCR refi after rehab and lease-up; purchase DSCR with tenant in place; cash-out DSCR to unlock equity for the next acquisition.

Q&A

Vacant property—can DSCR still work? Yes. The appraiser’s market rent schedule can support sizing when vacant.
Can I close in an LLC? Yes—entity borrowers are standard; personal guarantees are common.
No-prepay options? Available; pricing varies.

Hard Money Lender in Bozeman