Question 1

What is the minimum DSCR required for a rental loan in Colorado?

Accepted Answer

1.2 DSCR is the standard minimum for Colorado rental loans, with 680+ FICO and 20–25% down. Some lenders allow 1.0–1.19 DSCR with compensating factors: 740+ credit score or 25–30% down. Below 1.0 DSCR is declined.

Question 2

Do Colorado DSCR loans require tax returns?

Accepted Answer

No. DSCR loans in Colorado qualify you based on the property's rental income only. No personal or business tax returns, W-2s, pay stubs, or 1099s are required. See the full requirements on our DSCR hub page.

Question 3

Can I use Airbnb or vacation rental income to qualify in Colorado?

Accepted Answer

Yes. We use the greater of your 12-month gross Airbnb/VRBO payouts or an AirDNA market STR analysis, provided the property is legally rentable as a short-term rental under Colorado and local ordinances. STRs often hit 1.6+ DSCR due to higher nightly rates.

Question 4

What credit score do I need for a DSCR loan in Colorado?

Accepted Answer

680+ FICO is the standard minimum for Colorado DSCR loans. 640–679 may qualify by exception with lower LTV (65–70%) or higher DSCR (1.25+). We pull a tri-merge credit report but do not calculate DTI, so credit card balances and car loans are ignored.

Question 5

How fast can a DSCR loan close in Colorado?

Accepted Answer

Colorado purchase DSCR loans typically close in 21–30 days. Cash-out refinances close in 14–21 days once the appraisal and title are complete. Closings in rent-controlled jurisdictions may add 3–5 days for lease verification.

Question 6

Can an LLC get a DSCR loan in Colorado?

Accepted Answer

Yes. LLCs and corporations registered in Colorado (or any state, with foreign entity registration where required) can take title to DSCR loans. All 25%+ members must provide a personal guarantee and credit check. This keeps the loan off your personal credit.

Question 7

What metros are best for DSCR investing in Colorado?

Accepted Answer

Colorado's top DSCR investing metros are Denver, Colorado Springs, Aurora, Fort Collins. Denver is the deepest market with median home prices around $595K and 4.0–5.5% gross rental yields. Higher-yield alternatives like Fort Collins (4.5–5.5%) trade lower entry price for thinner deal flow.

Question 8

Which lenders fund DSCR loans in Colorado?

Accepted Answer

Non-bank DSCR programs that frequently fund Colorado deals include Kiavi, Visio Lending, Lima One, Velocity Mortgage Capital, CoreVest. PeerSense matches your scenario across this lender set rather than locking you into a single program — terms vary by FICO, LTV, DSCR, property type, and entity structure.

Question 9

What is the DSCR loan rate in Colorado?

Accepted Answer

Colorado DSCR refinance rates start at 6.25% as of May 2026 with a typical state-specific adjustment of neutral versus national baseline pricing. Mountain-resort markets price slightly higher for STR volatility, but Denver MSA tracks national jumbo curves. Final pricing depends on FICO, LTV, DSCR, and property type.

Question 10

How long do evictions take in Colorado?

Accepted Answer

Colorado non-payment evictions typically run 45–75 days from notice to keys. Colorado requires a 10-day notice for non-payment after HB21-1121. County court hearings are scheduled 7–14 days after filing. Denver County calendars are slower than Adams/Arapahoe. DSCR underwriters factor this into reserve and loss-severity assumptions.

Metro	Median Price	Gross Yield	DSCR Investor Notes
Denver	$595K	4.0–5.5%	Largest CO market — tech/aerospace employment, premium LTR demand
Colorado Springs	$445K	5.0–6.5%	Military rental demand from Fort Carson/USAFA/Peterson SFB, mid-cap-rate alternative to Denver
Aurora	$495K	5.0–6.0%	Suburban Denver, family LTR demand, lower entry than Denver core
Fort Collins	$525K	4.5–5.5%	CSU student housing, premium suburb pricing, growing STR market north

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

Colorado DSCR Loans: No Tax Returns, 1.2 DSCR Min, Rates from 6.25%

Can I get a DSCR rental loan in Colorado?

Colorado Rental Market Snapshot

Major Colorado Markets We Fund

Colorado Eviction Timeline & Landlord Posture

Colorado Rate Adjustment vs National Baseline

DSCR Lenders Active in Colorado

Colorado DSCR Loan Requirements

Get Colorado DSCR Loan Terms

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