Alaska DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%
Rental property financing for Alaska investors qualified on property cash flow — not personal income, W-2s, or tax returns. Serving Anchorage, Fairbanks and the rest of Alaska. If the property cash-flows at 1.2× the mortgage, you may qualify.
- 1.2 DSCR minimum
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- 680+ FICO
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- Refi from 6.25%
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- 21–30 day close
Can I get a DSCR rental loan in Alaska?
Yes. DSCR loans in Alaska qualify investors based on property cash flow with a 1.2 DSCR minimum, 680+ FICO, and 20–25% down. No tax returns, W-2s, or DTI calculation required. 1–4 unit residential and 5+ unit multifamily eligible. Refi rates start at 6.25%.
Published by PeerSense Capital Advisory · Written by Ed Freeman, Founder. Updated May 2026.
Alaska Rental Market Snapshot
State-level data DSCR underwriters use to size Alaska rental deals.
Alaska is one of the smallest DSCR markets in the country by unit count but has reliable military-driven LTR demand in Anchorage (JBER) and Fairbanks (Fort Wainwright). Investors face higher heating costs and longer winter vacancy windows, which DSCR underwriters factor into reserves.
Major Alaska Markets We Fund
Active DSCR deal flow across Alaska's core rental markets. Same requirements — 1.2 DSCR, 680+ FICO, 20–25% down — apply statewide.
| Metro | Median Price | Gross Yield | DSCR Investor Notes |
|---|---|---|---|
| Anchorage | $385K | 6.0–7.5% | Largest AK market — JBER military demand, oil/medical employment base |
| Fairbanks | $295K | 7.0–8.5% | Fort Wainwright/UAF demand, higher cap rates, longer winter vacancy risk |
Alaska Eviction Timeline & Landlord Posture
How Alaska courts handle non-payment evictions — material to DSCR loss-severity assumptions.
Alaska's Uniform Residential Landlord Tenant Act allows a 7-day notice for non-payment. Forcible entry and detainer hearings are scheduled within 15 days of filing.
Alaska Rate Adjustment vs National Baseline
Smaller, less-liquid market means lenders price a modest premium; winter heating costs raise PITIA reserves.
Final pricing depends on FICO, LTV, DSCR, property type, and program. Baseline national DSCR refi rates start at 6.25% as of May 2026.
DSCR Lenders Active in Alaska
The non-bank DSCR programs we see most frequently funding Alaska rental deals. PeerSense matches your scenario across this lender set rather than locking you into one.
- Kiavi
- Visio Lending
- Lima One
- Velocity Mortgage Capital
PeerSense is independent — not a lender. Lenders listed are programs we have funded Alaska deals through; specific terms vary by file.
Alaska DSCR Loan Requirements
| Requirement | Minimum | Notes |
|---|---|---|
| DSCR | 1.20 | 1.00+ allowed with 740 FICO or 30% down |
| Credit Score | 680 FICO | 640–679 by exception, lower LTV |
| Down Payment | 20–25% | 25% if <1.2 DSCR or <700 FICO |
| Property Type | 1–4 units or multifamily | Condos, townhomes, STRs OK where legal |
| Income Docs | None | No tax returns, W-2s, DTI check |
| Reserves | 6 months PITIA | Checking, savings, stocks qualify |
| Close Time | 21–30 days | Cash-out refi: 14–21 days |
Not a commitment to lend. Rates and terms subject to underwriting. See our full DSCR loan guide for the complete program.
Get Alaska DSCR Loan Terms
DSCR Rental — Response within 4 business hours. No obligation.
Related DSCR Resources
- DSCR Loans Hub — Programs & Rates
- DSCR Rental Loans — Full Program Guide
- DSCR for Airbnb / Short-Term Rentals
- DSCR Cash-Out Refinance
- DSCR Jumbo Loans ($1M+)
- DSCR for LLCs / Entity Title
- Best DSCR Lenders 2026
- DSCR Loans — Complete Guide
- DSCR Calculator — Test Your Property
- Fix & Flip Loans — Bridge to DSCR Exit
- Bridge Loans — Short-Term Rental Acquisition
- DSCR vs Conventional Mortgage