Standard Files: 7.25–8.00%
Strongest tier (760+ FICO, 65% LTV, 1.25+ DSCR, SFR): 6.50–6.875%. Standard file (700 FICO, 75% LTV, 1.20 DSCR): 7.25–8.00%. Lower tier (620–660 FICO): 8.25–9.25%.
Across $1.58B funded over 3,469 DSCR loans in 49 states (Jan 2025–Jun 2026), the median file closed at a 1.16 DSCR, 744 average FICO, and a $303,750 median loan — and 47% were cash-out refinances. Where your file lands against those benchmarks is the best predictor of which tier below you hit. See the full data report →
Rate Sheet — Live Pricing by Tier
Indicative rates from our wholesale lender panel as of the week of June 29, 2026. 70% LTV purchase, SFR, 1.20 DSCR, 5-year prepay, $300K–$1M loan.
| FICO Tier | 30-Yr Fixed | 5/1 ARM | 10-Yr IO |
|---|---|---|---|
| 760+ | 6.50–7.25% | 6.25–6.875% | 6.875–7.625% |
| 740–759 | 6.75–7.50% | 6.50–7.00% | 7.125–7.875% |
| 720–739 | 7.00–7.75% | 6.75–7.25% | 7.375–8.125% |
| 700–719 | 7.25–8.00% | 7.00–7.50% | 7.625–8.375% |
| 680–699 | 7.50–8.25% | 7.25–7.75% | 7.875–8.625% |
| 660–679 | 7.75–8.50% | 7.50–8.00% | 8.125–8.875% |
| 620–659 | 8.25–9.25% | 8.00–8.75% | 8.625–9.625% |
Lock at This Week's Pricing
Treasury softness opened a window. Standard 30-day locks available. We'll quote your file against the full panel and lock the winner today.
Get My Quote & Lock →Looking Ahead: What to Watch
- Upcoming Fed decisions: The market is still debating the pace of cuts. A dovish surprise could pull DSCR rates 0.125–0.25% lower; a hawkish hold could nudge them up.
- Inflation prints (CPI/PCE): Each release moves the 10-year Treasury and, with it, DSCR pricing. A cooler print is bond-positive and tends to pull rates lower.
- Non-QM securitization demand: Investor appetite for DSCR paper has stayed firm in 2026, keeping non-QM-specific spreads tight, which helps DSCR pricing relative to conforming.
How DSCR Loan Pricing Actually Works
DSCR rates are built from three components:
- Risk-free base (10-year Treasury): The underlying cost of money. When the 10-year moves, all mortgage rates move directionally.
- MBS spread (agency or private): The premium investors demand over Treasuries to hold mortgage securities. Volatile during stress periods (e.g., March 2023, 2020), tight during calm markets.
- Non-QM premium: The additional premium DSCR commands over conforming. Driven by private securitization demand, which fluctuates with credit conditions.
Add all three and you have the wholesale lender's cost of funds. The retail/wholesale margin (typically 0.50–1.00%) lands on top. That's your quoted rate.
Frequently Asked Questions
6.50% strongest tier, 7.25–8.00% standard, 8.25–9.25% weaker tier. Pricing has held roughly flat since mid-May — rates have been range-bound rather than trending.
Weekly on Monday with fresh rate sheet pricing. Mid-week updates if markets move materially (Fed, CPI, jobs reports).
10-year Treasury softened on cooler CPI and labor data. MBS spreads tightened on solid investor demand. Both bond-positive moves passed through to DSCR pricing.
If you have a property under contract, lock now — rate forecasting is unreliable. The 30-day lock cost is roughly 0.125% — cheap insurance against an unfavorable move. We can re-lock to better pricing if rates drop materially during your lock period (float-down, lender-permitting).
Float quotes: 14–21 days. Locked quotes: 30–45 days standard, with extension options at 0.125–0.25% in additional points.
Across 3,469 DSCR loans we brokered between January 2025 and June 2026 ($1.58B funded in 49 states), the median file closed at a 1.16 DSCR, 744 average FICO, and a $303,750 loan — and 47% were cash-out refinances. See the full data report →
Related Resources
- Full DSCR Loan Rate Sheet (Methodology)
- DSCR Rates by Scenario
- Best DSCR Lenders of 2026
- DSCR Calculator
- DSCR FICO Matrix
- DSCR LTV Limits
- DSCR Prepayment Structures
Rates indicative based on wholesale lender pricing as of the week of Monday, June 29, 2026. Final quotes depend on full file profile and current market conditions. Page refreshes weekly. DSCR Capital Partners is a brand of UTM Financial, LLC (NMLS #2591548). Not a loan commitment. Equal Housing Lender.
What's Moving DSCR Rates Right Now
Pricing has held steady. DSCR rates have been range-bound since mid-May — strongest-tier files continue to quote around 6.50–6.875% and standard files in the mid-7s. No material week-over-week move in either direction.
Spreads stable. Agency and non-QM MBS spreads have stayed tight, keeping the premium DSCR commands over conforming roughly constant. Investor appetite for DSCR paper has remained firm through 2026.
Net effect: if you've been waiting for a dip, pricing is essentially where it sat in May — a stable entry, not a falling knife. The better trigger to lock is having your property under contract, not trying to time the market.